NinjaTrader 8 Indicators and More - CongestionBoxOne
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NinjaTrader 8 Indicators and More
Indicators and Files in this section are compatible with NinjaTrader 8

CongestionBoxOne 5 *
A few traders have asked if the CongestionBox could be altered to trigger with a breakout of one candle. I did some work and here is a solution that I believe works well with one candle breakout. One candle means there may be some false breakouts depending on your candle size....

As always, trade well....

As with other recent indies, this only calculates and displays what is on the display. If you scroll left, hit f5 to repopulate

After suggestions from a few traders, I added some filtering to remove some of the 'counter trend' boxes. Included in this zip is an additional CongestionBox indie called CongestionBoxFilter. This one uses an EMA and HMA. A Bullish breakout candle will paint if the breakout candle is above both and slope of the HMA is up. The breakout candle can be painted for highlight and or an arrow below bull candle or above bear candle.

Have fun...

Category NinjaTrader 8 Indicators and More 
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Category: NinjaTrader 8 Indicators and More 

July 23rd, 2020
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