Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I'm pretty sure I downloaded this indicator from futures.io (formerly BMT), but after nearly two hours scouring the site (?!), I'm unable to locate it. In any event, wondering if anyone here is familiar with this indicator, could tell me a little bit about it.
Am I correct in my understanding that it displays the average of tow moving averages of the high and low of the daily range? If so, I'm a little confused by the intraday volatility of the lines plotted. Wouldn't they be constant (eg, steady state) for each session?
Thanks, in advance, for any guidance anyone can offer.
This thread is about session indicators and how to trade them.
I have coded quite a few indicators for NinjaTrader, which I would like to explain, and for which I do regular updates. So far I have posted in various threads to discuss their features …