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Submitted by Fugitive69
Found 2 matching entries

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CandleCode V1.0 for NT8

This is a simplified variation of Viktor Likhovidov's digital coding of candlesticks as seen in the September 2001 issue of Stocks & Commodities. Each candlestick is converted into a 3 digit number.

First Digit = High - Open
Second Digit = High - Close
Third Digit = Open - Low

Try it with various bar types and you will see different patterns emerge for minute, range, renko, etc. bar types.

This indie may have value as signaling an entry or exit, especially when used with other indies. Plus, anyone wishing to edit the code will find it very simple and easy to edit.

Those who export their chart data to Excel may find this column of data useful.

Category NinjaTrader 8 Indicators and More

Details: CandleCode V1.0 for NT8
Category: NinjaTrader 8 Indicators and More

October 23rd, 2019
Size: 1.57 KB
Downloaded: 523 times

RangeRider for NT8 V1.0

The general idea was to better clarify both entry and exit points.

So I created a combination Bollinger Bands and Pivot Points indicator, but utilizing the MIN and MAX functions in order to eliminate the smoothing that comes with Bollinger Bands. By doing so market fluctuations are (for me at least) more clearly defined.

Though I mostly use range bars other bar types also work well.

It is not unusual for me to "turn off" the bars themselves by making them transparent. Much less distracting clutter on the screen and I like things simple.

However, early on it is best to leave the bars visible in order to fully understand the various patterns created by the indicator. Whether in chop or a trending market certain patterns quite often become obvious. And those patterns repeat time and time again.

Category NinjaTrader 8 Indicators and More

Details: RangeRider for NT8 V1.0
Category: NinjaTrader 8 Indicators and More

November 4th, 2018
Size: 4.86 KB
Downloaded: 859 times

Keywords: min range mix