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I think I just saw a narrow range bar indicator on the Ninja trader forum. I think it may have been user selectable in case you wanted and NR7 etc. Should be able to find it if search under their indy section. Actually, I think I downloaded it and I attached it here. I hope it is what you wanted.
D
Last edited by David_R; July 24th, 2010 at 12:13 AM.
Reason: added indy
The following 3 users say Thank You to David_R for this post:
Thanks Jeff for the two Inside Bar links. Question please: Seemed to me that both are talking about the same set up yet they have 2 different entry/exit strategies, ie the first one same as yours and the second one using the bar preceding the Inside/N4 bar. Appreciate your comments please. Thank you.
maybe those keltner channels are not such a bad filter after all.
interesting to see what happens when price goes through the lower or upper line. if the bar closes outside that line it's very likely the move will continue. it the price goes back in the channel and the bar closes inside the channel it's more likely to reverse.
The reason that I posted the two links was to show different approaches to a similiar set up.......I don't have any experience with the different entries or exit strategies.
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I've been exploring setting up 3SETUPS on other chart types apart from Minutes chart but couldn't get one until I did it in SBSRenko and tested it @ London open this morning (GMT+1).
Lolu
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The new global search is amazing 
