Hi Fattails,

Thank you for the advice. While I'm aware of your stance on using the two together (i.e. OR+%ADR) from I believe the ACD thread awhile back, I do find some value in applying them together for my analysis. I managed to put them together on TOS but wanted to just have them all in Ninjatrader as the datafeed and versatility is much better in ninja.

To me the idea is that OR shows today's opening volatility as you mentioned, and once the dust settles, I want to see what the market behaves like in relevance to previous days volatility.

I'm a big fan of your indicators and I have been using the mentioned OHL indicators daily. I find the ADN levels helpful especially for the first 30mins or so. Beyond that, I found it hard to manage my trades accordingly with ADN and wanted to apply some further levels to help me manage my trades.

Also, do you still have the indicator that tracked ADR per time? Where the ADR band expands according the the measured time? i.e. ADR for the past n days of the first 30min then moves on to first hour ADR then 1.5hr etc. I think you had something like this but was not available for download. If you don't mind me asking, was it helpful at all?

looking for a opening break out range indicator and strategy. As far as I read, all the indicators mentioned and published here are designed for NT7, right?

I'm using Ninjatrader8. Any help appreciated.

I am looking for an indicator that will allow me to set a pre-defined time range eg. 11:00 to 13:00 o'clock (11am to 01pm in american format) and which in result will plot in a rectangular/box/shape or similar the highs and lows that were reached during this range. That area within the given time-range should be filled with a pre-defined color and transparency to have a good visability of the opening-range.

I am looking for an indicator that will allow me to set a pre-defined time range eg. 11:00 to 13:00 o'clock (11am to 01pm in american format) and which in result will plot in a rectangular/box/shape or similar the highs and lows that were reached during this range. That area within the given time-range should be filled with a pre-defined color and transparency to have a good visability of the opening-range. The evaluated high/low should extend as horizontal lines until session end of day. The delta between high and low horizontal lines should be calculated and also displayed as a range value. Then additionally plot a horizontal line under and above that open-range with a pre-defined factor/multiplier. Let's say the high was 3500 and the low was 3450, so the delta is 50. When I enter factor/multiplier=1.0 the upper horizontal line should be plotted at 3550 and the lower line at 3400. When I enter factor=0.7 (50*0.7=35) the upper line should be plotted at 3535 and the lower line at 3415. Would be nice to have the ability to plot a second top and bottom horizontal line, let's say plot also multi=2

Here's an example screenshot where multi=1.0



I'd like to the horizontal lines also for a strategy so I can define to enter short or long position when actual price reaches the breakout-level and then define the stoploss and take-profit at the multi=1.0 line.

Sorry for my bad english, hope you understand what I mean. Any help really appreciated. I searched a lot but didn't find anything that really helped me getting along.