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new highs and new lows!!!!?
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new highs and new lows!!!!?

  #1 (permalink)
Elite Member
Arlington
 
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Platform: ninjatrader
 
Posts: 27 since Jul 2009
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new highs and new lows!!!!?

Has anyone programmed an indicator in NT that defines and colors new highs and new lows relative to the previous bars, it helps me in determining overbought and oversold conditions when comparing collective markets. i used to have it for TOS but dont have it for NT? There are some people selling this indicator for 145 bucks but jeez, really?

Thanks for your help if anyone can't point me

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  #2 (permalink)
Site Administrator
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Big Mike's Avatar
 
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Coloring bars is not hard:

 
Code
                            
 if (colorBars)
            {
             
                
CandleOutlineColor Color.Black;
               
                if (
signal[0] == 1)
                
BarColor Color.FromArgb(255255192);
                else if (
signal[0] == -1
                BarColor 
Color.FromArgb(255255192);
                else
                
                    
BarColor tempColor;
               
            } 
You can see it's easy, just use BarColor and CandleOutlineColor. The logic on which bars to color is more complicated depending on your goal.

Mike

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  #3 (permalink)
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tr3nt,

There's a file on NT forum called NinjaPriceAction.

You could start with this and what Big Mike showed above to get close to what you're looking for.

hth
kz

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  #4 (permalink)
Just starting out...
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For me, NinjaPriceAction is a neat visual, but a resource hog that was causing lags shutdowns in Ninja.
Just wanted to share my experience.

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  #5 (permalink)
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tr3nt, a visual idea of what you mean makes it always clearer to understand it - otherwise people often talk around about other concepts cause of not understanding exactly your needs.
can you post a screenshot of what you have in TOS / what you mean you want to have in ninja ?
would be great.

max-td
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  #6 (permalink)
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new high new low

Since I can't bring up my TOS console due to the positions being transferred, I found the original website that gave me the idea for TOS. If I find my scripts I will post them.

Custom Forex & Futures Indicators For NinjaTrader

I use new high new low to compare overbought and oversold in several mkts that mirror each other, in order to see some strength or weakness.

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  #7 (permalink)
Market Wizard
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unless I am missing something how could they ask $145 for it? Does anybody think it worth that much? a 50 cents indicator is more like it.

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  #8 (permalink)
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Update New Highs and New Lows Indicator

I have updated the New Highs and Lows indicator, which can be found here:

https://futures.io/download/ninjatrader-7/indicators/919-download.html?view

A new high can now either be determined as the highest high or highest close over the lookback period. A new low can be calculated as the lowest low or the lowest close. The new indicator can display new highs and lows both as paintbars and via diamonds that plot above or below the new high or low.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

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  #9 (permalink)
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Thanks but where is the Multicharts version

Regards,
Neil.

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  #10 (permalink)
Site Administrator
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Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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