Gooday folks, does anyone have a zig zag or swing line indicator that works on multiples of ATR for ninjatrader 8 please. Looking specifically so that I can use it as a trend identifier,

thanks

Gooday folks, does anyone have a zig zag or swing line indicator that works on multiples of ATR for ninjatrader 8 please. Looking specifically so that I can use it as a trend identifier,

thanks

Have such an indicator that determines the trend in two ways.

Minor trend: direction of the current swing leg (a new swing leg is displayed as soona the minimum deviation is exceeded)
Major trend: classical trend definition via higher highs or lower lows (see paintbars for chart attached)

Both trend series are exposed via Series<double> properties, so you can access them via strategy builder or NinjaScript. The trend change signals for the major and minor trend are also exposed. T-signals designate the a change in the major trend, triangles show where a new swing leg was confirmed.

Minimum deviation can be set in multiples of ATR, in percent, points or ticks. Other than the minimum deviation condition, there is a swing strength requirement,which may also be used to select the zigzag. When the swing strength is set to 1, this parameter is ignored and the zigzag only depends on the minimum deviation.
Swing highs, swing lows, swing size and swing volume are also available through public properties and be accessed via a strategy.


YM 06-20 (30 Minute) 2020_05_01 (19_33_12)



This is a commercial indicator. In case you look for a free, open source indicator, please check here:

Download: PriceActionSwing NT8 The PriceActionSwing indicator for NinjaTrader 8.0 calculates swings in different ways and visualizes them. It shows swing information like the swing length, duration, volume and many more. It contains a lot of features and it is useable in the Market … persondorschden