Higher Time Frame Inside-Outside Bar Indicator ???

August 31st, 2011, 08:36 PM

hello,

i found an inside outside bar indicator indicator on this forum
https://nexusfi.com/ninjatrader/2461-inside_-outside-bar-indicator.html
and thought, if it would be possible to get the 5 minute chart outside bar data plotted on the 1 minute chart as an example ( the indicator plots a horizontal line on top, bottom and in the middle of the outside bar).

thanks in advance

September 1st, 2011, 06:43 AM

I have coded a similar multi-timeframe indicator, which plots ranges based on auction bars. An auction bar is a wide ranging bar that shifts the value of a continuous auction to a new area.

The indicator plots a range a small percentage above and below the auction bar. The chart shows auction ranges calculated from a 15 min bar series on a 3 min chart.

Of course it is possible to implement a similare concept based on outside bars.

September 5th, 2011, 03:33 PM

hi fat tails,

thanks for your reply.
your concept of auction bars already comes very close to what i meant.
i have no programming skills, so the question is, can i do this by myself (maybe after watching the ninjatrader programming webinar)?
i hope this question doesnt sound too simpleminded, but i thought, i already have the indicator,
i have a few other multi time frame indicators, so lets bring these concepts together.

beste gr�sse in die heimat

Higher Time Frame Inside-Outside Bar Indicator ???

Discussion in NinjaTrader

Higher Time Frame Inside-Outside Bar Indicator ???