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Brooks Bars
01/25/2011 Revised Code....added "O" indication flag for OutSide Bars... modified defaults to give better results.
Exported from NinjaTrader 7.0.1000.2
This indicator can be used to help learn the Al Brooks "bar system".
H/L Bars:
Finds and labels "H" and "L" bars with a text letter above the candle.
(does not count them...you'll have to do your own counting for L1 L2...H1 H2 etc.)
Inside Bars:
Finds and flags "Inside Bars"....
(brackets the candle with Up triangle and Down triangle).
Outside Bars:
Finds and flags "outside Bars"....default prints both H and L on the bar....change the setting and the indicator will decide on H or L, depending on prior candle.
Color of text and triangle flags is completely configurable, as is the Font size/type, and 'offset spacing from the candle.
Category
NinjaTrader 7 Indicators
Details:
Brooks Bars
Category:
NinjaTrader 7 Indicators
January 17th, 2011
Size: 3.31 KB
Downloaded: 1132 times
803
photog53
Comments/ratings
jmjstrider
February 5th, 2011 11:03 PM
An unobtrusive way to watch for bar patterns, while trading your own system.
I like it.
tomup
February 4th, 2013 04:56 PM
Hi thanks.
Morpheus
November 24th, 2013 08:40 PM
This just may help me do what I'm trying to do.
Thx
vchase
September 16th, 2015 05:19 AM
No Comment
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All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.