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This is one of the trade setups I use and have been drawing the lines manually. I am not a programmer so I am wondering if this is something that can be coded in NT? On any time frame you are looking for the current bar to open above the previous bar open for a long opportunity or below the previous bar open for a short opportunity. A line is drawn a the previous bar high and low. If the current bar open is higher than the previous bar open a green line is drawn so only long trades. If the current bar open is lower than previous bar open a red line is drawn for only short trades. For an aggressive trade entry you can place the order one tick above/below the break of the previous bar high or low by the current bar. For a conservative trade you wait for the current bar to close either above or below the high or low of the previous bar. I appreciate your ideas and suggestions.
Can you help answer these questions from other members on NexusFi?
I don't think this is exactly what you're looking for, but it might help. Got it from TheRumpledOne (TRO) awhile back, before he was banned from the forum. Screenshot & indicator (for NT7) attached.
It has the capability of showing support / resistance & draws lines at the tops / bottoms of bars to let you know where you could go long or short.
After all, it's what you learn AFTER you know it all, that counts!
Thank you Wizard for your kind reply. I will have a look at this and maybe there is something that could be hacked away at to get what I am looking for.
