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Chicago,IL USA
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTraderBrokerage CQG continuum
Trading: ES,YM,NQ
Posts: 23 since Oct 2010
Thanks Given: 15
Thanks Received: 5
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TOS latest version 10/15/16 has a price action indicator, "Marker Indicator" that fails to show 30 and 70 as OB and OS as described in the studies section of the TOS platform manual. I have recoded this and call it MarkerIndicator 30/70. This is my first indicator post.
I would like this for my ninja trader 7 if some good soul could code it? Thanks.
declare lower;
def high_diff = Max(0, high - high[1]);
def low_diff = Max(0, low[1] - low);
def high_avg = Average(high_diff, 8);
def low_avg = Average(low_diff, 8);
plot TD_I = if high_avg == 0 && low_avg == 0 then 0 else high_avg / (high_avg + low_avg) * 100;
TD_I.SetDefaultColor(GetColor(1));
input over_sold = 30;
input over_bought = 70;
def price = close + low + high;
plot OverBought = over_bought;
plot ZeroLine = 50;
plot OverSold = over_sold;
TD_I.SetDefaultColor(GetColor(9));
OverBought.SetDefaultColor(GetColor(5));
ZeroLine.SetDefaultColor(GetColor(5));
OverSold.SetDefaultColor(GetColor(5));
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