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Swing Indicator using Ray Lines 5 *
Exported using NT Version 7.0.0.23

This is a modification of the Swings indicator in NT7. The standard indicator does not extend the lines all the way to the right while this one does.

No one else had written this, so this is my attempt.

This indicator places ray lines at the swing highs and lows and removes them once the lines are violated. If you wish to show the violated swing points, there is an option to replace the rays with short lines.

There is also an option to sound an audio alert when each price line is broken.

This indicator uses some enhancements in NT7 to read the data directly from the drawn objects which are not supported in NT6.5.

Version 1.0


Category NinjaTrader 7 Indicators 
 
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Details: Swing Indicator using Ray Lines
Category: NinjaTrader 7 Indicators 


November 10th, 2010
Size: 3.66 KB
Downloaded: 1353 times
Comments/ratings
5 * max-td November 11th, 2010 03:21 AM
Thanks for this modification !
5 * jabeztrading November 19th, 2010 06:22 PM
Actually I did something like this for NT 6.5 a while back before I knew of bigmiketrading but never posted it because PC was slowing down. A programming guru on NT forum said that the swing indicator itself was memory intensive. But I guess this will work well with NT7. Very good job Margui.
5 * kysovich November 23rd, 2010 11:11 PM
Thank you for this Indicator!!!!

I was looking for it for long time, and couldn't find it anywhere.

I am having little issues with it....I don't know if it's only me...

you have to set it up every-time you open the charts....does anybody else has the same problem?

Basically, the indicator is there, but I have to set the colors every-time, then it appears on the chart and works fine...

Also, there are only two options at the look-back (Bars) column option, maybe in the future update, every user could input their own number of bars it should go back, for example : If I want to use it only for last two waves or last wave only....so I input 20, 30 or 50 bars so it's less CPU intensive...

other than that it's my favorite indicator

thank you for creating it....
5 * Scott305 November 29th, 2010 10:05 AM
Marqui- can I ask what that slow yellow moving average is? It doesn't behave like a standard EMA.
5 * philipp December 14th, 2010 11:39 AM
hi out there,

everytime i start nt, the lines are white, and i always have to set the colours to the one i want. does anyone knows how to save the colour of the lines??
thanks in advance
5 * Jonson January 14th, 2011 04:47 PM
i like it
4 * TheCatMan January 24th, 2011 11:08 PM
I downloaded this yesterday and really liked it. I found as others did that it wouldn't save the colors for the high and low lines. Therefore, I tweaked it so that the line colors are now saved. Since I couldn't find a way to upload it here, you'll find a link beow to NinjaTrader's forum thread were the revised file resides.

https://forum.ninjatrader.com/showthread.php?p=217474
5 * theidman February 2nd, 2011 06:59 PM
Thank you...a great time saver.
4 * daydaxer April 13th, 2012 03:59 AM
Great indicator. Thanks!
4 * Munson June 23rd, 2015 08:01 AM
Thank you very much, super helpful!

 
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