This is the same indicator as found in the NT 7 downloads, but in NT 6.5 Zip format. For the NT 7 download go to this link.
Version 7.1
This is one of my favorite indicators. We call it the 'Double Diesel'. It is two double stochastic zero lags running on the same indicator. When both lines cross through the high or low bars (selectable values) the background floods. When only one passes through, the background floods blue.
One of our favorite features with this indicator is when the fast DSZL moves down/up and back while the slow DSZL does not. This is a sure signal of a pull back. We call it the 'Jersey Pullback'. You can see one on the attached screenshot at 10:19.
Version 7.2
I got so many nice compliments on this indicator and it seems to be very popular, so I enhanced it and made it NT6.5 compatible. I put the NT6.5 version here.
This update allows the user to select the back ground colors and intensities for up or down movements.
Enjoy!
G
COMPATABILITY:
NT 6.5: Yes
NT 7.0: Yes (see link)
Category NinjaTrader 6.5 Indicators
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