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CongestionBoxLite

Hello Traders, attached is the CongestionBox indie that has been put on a diet. The indie finds congestive candle patterns and then paints the box when there is a breakout (2 candles to confirm). The box has a line that represents the VPOC of the box. I find that this indie, in concert with an MA of your choice works very well to find and keep you in a trend.

A few years ago, I downloaded the CongestionBox indie as submitted by creator jabeztrading. The indie had memory building and slow response issues. The bandaids that I applied at the time were a help so I re-released it. I have learned a few things along the way, and made some dramatic improvements wrt memory and responsiveness. On my system, a refresh of the old indie took 13seconds. This one is about 1 second.

Note to users... I have started cutting down the system resource requirements on many of my indicators that do not need a lot of historical data. On these indies, they calculate only what is on the screen. If you want to scroll back, just hit f5 to re-populate the indicator. It's not a huge savings, but every tick counts

Trade Well...
Bob

Category NinjaTrader 8 Indicators and More

Details: CongestionBoxLite
Category: NinjaTrader 8 Indicators and More

July 16th, 2020
Size: 7.73 KB
Downloaded: 438 times

Comments/ratings

cejstrup July 16th, 2020 05:17 PM

No Comment

Norbuilt July 18th, 2020 05:25 AM

thank you

Buscador July 21st, 2020 07:30 PM

Excellent for Range bar charts. I've used something similar (hand drawn) for years. Many thanks

mfgroup July 30th, 2020 03:33 PM

appreciate it

hobbys11 December 4th, 2020 11:46 AM

very nice, thank you

lambo463 January 18th, 2021 01:51 PM

No Comment

rx13 December 19th, 2023 12:32 AM

Nice indicator. Can you please add a plot (1, -1) when it detects congestion

sienna March 16th, 2024 03:36 PM

No Comment

sienna March 16th, 2024 03:37 PM

Many thanks, excellent tool