this is a simple bollinger band width indicator.
when the line is low indicates a sqeeze on the bollinger according to recent band history.
its a nice visual if that's part of your trading system.
in the pic, the bollinger indicator is the bband2 fwiw.
btw can anyone fix the bband2 so that the shaded area between the 2 standard deveation lines will stay the color that you choose even after refreshing the page? that would be really nice.
Category NinjaTrader 7 Indicators
|
|
|
