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Searching for entries matching support/resistance, looking in keywords for any words
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irSessionSupportAndResistance

Exported using Ninja Trader 64-bit 7.0.1000.31
This indicator was developed after reading a request on the NinjaTrader Support Forum. [ here]
One of the members was looking for an indicator to show bars that made the high of the session and the low of the session.

I used to mark these by hand [drawing a rectange or lines] usually on a longer term chart, [a 15 minute for eg.]
The indicator plots the open of the "up-close" bar that makes the high of the session, it also plots the open of the "down-close" bar that makes the low of the session.

I find it helpful for delineating Supply and Demand and for a clue as to when I should change my bias from "leaning long" to "leaning short" and vice versa.

***Note*** Here is a [COLOR="Blue"]link[/COLOR] to a more detailed description of how I use this indicator.

Thanks to a friend for his help getting this to work.

Trade well, TGN

Category The Elite Circle

Details: irSessionSupportAndResistance
Category: The Elite Circle

April 19th, 2016
Size: 5.27 KB
Downloaded: 1716 times

Keywords: supply/demand support/resistance

Bollinger Bands in multiple timeframes

The BB's are based on a 20 SMA and 3x multiples thereof: 20 (green), 60 (blue), 180 (red), 540 (White or Black). They create natural SR levels since they are based on the statistical distance from the SMA.

A BB Cluster is when two or more outer BBs are synchronous... the more the stronger; the higher the TF, the stronger; the longer the chart TF, the stronger.

Good for seeing trend (or not); good for seeing possible SR (support/resistance); good for deciding when to exit (hint... HVS - high volume spike - on a 30 sec chart and price goes outside the bands on whatever TF you are watching... drop all but one and wait for the PB).

Category The Elite Circle

Details: Bollinger Bands in multiple timeframes
Category: The Elite Circle

December 7th, 2010
Size: 23.69 KB
Downloaded: 1383 times

Keywords: bands bollinger multiple timeframes support/resistance