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I was wondering if there was an indicator that would show everytime a new high or a new low was put on by a bar. This could be for intraday or daily or whatever time frame.
I would appreciate if someone could provide more info.
Thanks
-Keep
Can you help answer these questions from other members on NexusFi?
The classical indicator that prints new highs or lows for a specified period is the Donchian Channel Indicator.
If you look for a new high for the day/week/month the SessionPivots Indicator (Current Version is 1.6) for NinjaTrader 7 will do. You would need to enter the full ETH session via session template. You then have further options:
(a) Display of High, Low and Close based on the full session (ETH), Daily or Intraday data
(b) Display of High, Low and Close based on the day session (RTH), Intraday data only
(c) Case holidays with trade date next day, it allows you to display OHL for the 2-day-sessions
If you are still on NT 6.5 there is a SessionPivots V 8.4. that also includes OHL indicators. For this one you need to enter session times via indicator and there is no holiday option. Both indicators are available on the NinjaTrader Forum.