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S/R Indicator?
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S/R Indicator?

  #1 (permalink)
Trading Apprentice
Mexico City, Mexico
 
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Platform: Ninja Trader
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Posts: 4 since May 2015
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S/R Indicator?

Hi Traders?

I'm wondering if you know the name of this indicator (image attached)? I think is a kind of s/r indicator based on price tracking.

Best!

Attached Thumbnails
S/R Indicator?-cl-09-15-trading123renko-2-6-8_6_20153t.jpg   S/R Indicator?-02.gif  
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  #2 (permalink)
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  #3 (permalink)
Market Wizard
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samuely87 View Post
Hi Traders?

I'm wondering if you know the name of this indicator (image attached)? I think is a kind of s/r indicator based on price tracking.

Best!

@samuely87, It's called DynamicSR. You can find the original in the download section here: https://futures.io/local_links.php?action=ratelink&catid=4&linkid=6

After all, it's what you learn AFTER you know it all, that counts!
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S/R Indicator?-wizdynamicsr-example.jpg  
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  #4 (permalink)
Trading Apprentice
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Serif View Post
Why do you want an indicator for that? Just look at the second picture you posted and draw a horizontal line, it is a peace of cake to see where support and resistance is.

Thank you for the advice!

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  #5 (permalink)
Trading Apprentice
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TheWizard View Post
@samuely87, It's called DynamicSR. You can find the original in the download section here:

Thank you (TheWizard), Is this indicator updated for NT 7? Is the same of the image you are posting?

Best!

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  #6 (permalink)
Market Wizard
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samuely87 View Post
Thank you (TheWizard), Is this indicator updated for NT 7? Is the same of the image you are posting?

Best!

@samuely87,

The one in the downloads section is the one that looks like the first chart you posted. It was written for NT6.5, but also works in NT7.0.

The one I posted a picture of, is my modified version (WizDynamicSR), that has the addition of a mid-line (difference between S & R) drawn in the middle of the indicator. That's about the only difference.

Put 2 occurrences of it on your chart. Set both to Period=1. Set one to a Displacement of 0 and set the other one to a displacement of 2 and the DynamicSR on you're chart will look like the one that I posted (with the exception of the mid-line).

After all, it's what you learn AFTER you know it all, that counts!
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  #7 (permalink)
Trading Apprentice
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Posts: 4 since May 2015
Thanks: 4 given, 0 received


TheWizard View Post
@samuely87,

The one in the downloads section is the one that looks like the first chart you posted. It was written for NT6.5, but also works in NT7.0.

The one I posted a picture of, is my modified version (WizDynamicSR), that has the addition of a mid-line (difference between S & R) drawn in the middle of the indicator. That's about the only difference.

Put 2 occurrences of it on your chart. Set both to Period=1. Set one to a Displacement of 0 and set the other one to a displacement of 2 and the DynamicSR on you're chart will look like the one that I posted (with the exception of the mid-line).

Thank you very much!!

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