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Has anyone programmed an indicator in NT that defines and colors new highs and new lows relative to the previous bars, it helps me in determining overbought and oversold conditions when comparing collective markets. i used to have it for TOS but dont have it for NT? There are some people selling this indicator for 145 bucks but jeez, really?
Thanks for your help if anyone can't point me
Can you help answer these questions from other members on NexusFi?
tr3nt, a visual idea of what you mean makes it always clearer to understand it - otherwise people often talk around about other concepts cause of not understanding exactly your needs.
can you post a screenshot of what you have in TOS / what you mean you want to have in ninja ?
would be great.
Since I can't bring up my TOS console due to the positions being transferred, I found the original website that gave me the idea for TOS. If I find my scripts I will post them.
Exported using NT Version 7.0.1000.15
This is a simple indicator, which detects new highs and lows. The highs and lows can be shown both as paintbars or as diamonds.
The definition of a new high can be either based on the bar high or the bar close. …
A new high can now either be determined as the highest high or highest close over the lookback period. A new low can be calculated as the lowest low or the lowest close. The new indicator can display new highs and lows both as paintbars and via diamonds that plot above or below the new high or low.