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One Time Framing (as per Jim Dalton) Indicator


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One Time Framing (as per Jim Dalton) Indicator

 
toughiee
Mumbai + Maharashtra/India
 
Posts: 22 since Jul 2012
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One Time Framing -
A trending situation where in an uptrend, the low of the previous bar is not broken to the downside by 2 tics or more.Conversely, in a downtrend, the high of the previous bar is not exceeded by at least 2 ticks or more.

So, If high in case of uptrend & low in case of downtrend is broken then an alert or an arrow on chart is displayed on chart.

Is there any One Time Framing Indicator which can be used on Ninjatrader 7 ?





Please help.


Thanks.


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 forrestang 
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 forgiven 
Fletcher NC
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toughiee View Post
One Time Framing -
A trending situation where in an uptrend, the low of the previous bar is not broken to the downside by 2 tics or more.Conversely, in a downtrend, the high of the previous bar is not exceeded by at least 2 ticks or more.

So, If high in case of uptrend & low in case of downtrend is broken then an alert or an arrow on chart is displayed on chart.

Is there any One Time Framing Indicator which can be used on Ninjatrader 7 ?





Please help.


Thanks.

I have never seen one for any platform . it is not a bad idea to use that as a filter . example ..only take long trades if you have one time framing on a monthly , weekly , daily , 240 min and 30 min charting .

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