NOTE: Updated 3/11/2010 -- There were a few issues with currencies that have been corrected. Also additional text info has been added. See my blog for details and for NT7 version as well. The NT65 version has been updated here.
Another range bar range thingy (great minds work alike )...
This indicator is for range charts only (seems to work on any flavor or range bars too). It will draw a box around the current candle that indicates how much further a bar would have to move before the range is exhausted and new bar begins to paint.
This box is dynamic in that it adjusts in height based on the current size of the candle. In this way it is always indicating the maximum extent possible for the current candle.
It will also highlight this box using colors depending on how close the candle size is the maximum. Optionally, this indicator can also print the high and low price of the box's range just above and below the box itself.
I'll admit this may be more eye candy than anything else but I thought I'd offer it up anyway.
Full info can be found here: [email protected]: Range Marker Indicator
This was exported using NT Version 6.5
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NO ( see blog for NT7 version )
Category NinjaTrader 6.5 Indicators
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