NinjaTrader 8 Indicators and More - Big Candle v1.0
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Big Candle v1.0 5 *
Big Candle v1.0

Identify unusually large price movements. If the range for the bar is outside of the standard deviation then the bar gets highlighted. There are also options to draw arrows on your main chart, and trigger alerts.

Really good at warning you of large movements triggered by news.

Lines on the indicator show you the average range, and how much range deviates from that average. Basically if that bar is above the top line it will be highlighted. Try different values for the periods and deviation factor to get the movements that you want highlighted.

I recommend using the plots on the indicator to help get the settings that you want, and then resizing the panel to hide the plot. Then just rely on the arrows and alerts.

Files can also be obtained from Github:
https://github.com/twdsje/Ninjatrader-scripts/blob/master/ExportNinjaScript/BigCandle.zip


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Details: Big Candle v1.0
Category: NinjaTrader 8 Indicators and More 


November 3rd, 2016
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