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SMARSI_mod

Exported via Ninjatrader 6.5 (lastest update)

I made an addition to the SMARSI indicator that was submitted on Nov 7th by TraderAZ.
I've added another RSI (default period 2) that when it reaches OS/OB extremes, in accordance with the slope of the moving average, a dot (bigger one) is plotted on the moving average.

So in addition to the four user defined inputs as in the original indicator, there are inputs for the second RSI and upper and lower levels for that RSI.

Category NinjaTrader 6.5 Indicators

Details: SMARSI_mod
Category: NinjaTrader 6.5 Indicators

November 14th, 2010
Size: 6.18 KB
Downloaded: 168 times

Comments/ratings

peakskill January 19th, 2011 08:11 AM

I find this indicator, along with the original indicator, to be a helpful confirming indicator. I like to plot it on a shorter timeframe chart (range chart) from my entry signal chart (3 minute for GBPUSD). It alerts me to trouble at my entry area and also helps give confidence while using a trailing stop. Thank you for the indicator.