NinjaTrader 7 Indicators - New Highs and Lows
futures io


Categories Help    

NinjaTrader 7 Indicators
Indicators in this section are compatible with NinjaTrader 7


Entries
New Highs and Lows 5 *
Exported using NT Version 7.0.1000.15

This is a simple indicator, which detects new highs and lows. The highs and lows can be shown both as paintbars or as diamonds.

The definition of a new high can be either based on the bar high or the bar close. A new high based on the bar high is the highest high over the lookback period. A new high based on the bar close is the highest close over the lookback period. The same logic is applied to new lows, which can also be calculated from the bar lows or the bar closes.

With default settings the bar detects new 89-bar highs and lows.

The indicator works on both candlesticks and OHLC bars.

Update August 10, 2013: New highs and lows can be either based on high/low or on the close of the current bar. Highs and lows can be either shown as paintbars or as diamonds. Efficiency of algorithm improved.


Category NinjaTrader 7 Indicators 
 
Suggest other entries I might like
Details: New Highs and Lows
Category: NinjaTrader 7 Indicators 


August 12th, 2013
Size: 8.39 KB
Downloaded: 1518 times

Keywords: high low newhigh newlow
 


 
Category
 



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.