https://nexusfi.com/ninjatrader/56592-lesterb-indicator-thread-just-placeholder.html
Many thanks to the creator of the Congestion Box for Range Bars, jabeztrading, who posted his NT7 indie on FIO 10 years ago next month. Since that time a few traders, especially BobC, have continued to update and add functionality to the new NT8 version.
This customization:
- adds selectable minimum number of bars for your CBox
- adds selectable maximum tick differential between the Open and Close of your CBox bars
- adds a diamond shape at double tops and double bottoms of your bars
- adds a diamond shape at your choice of ticks above/below CBox to show a break up or break down to a specific level
- adds selectable sound alerts (adaptation from BobC again) for
:
initial formation of your CBox
double tops and double bottoms
warning of a breakout 1 tick above or below CBox boundaries
- double top and double bottom markers are done with purple and pink diamonds respectively
- your break up and break down confirmation markers are done with green and blue
diamonds respectively.
Congestion boxes settings will vary from instrument to instrument. You will probably have experiment with the settings until you find what you want for your instrument. There will be some discussion at the thread above regarding how I use CBoxes in my trading.
Category NinjaTrader 8 Indicators and More
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