Version 1.00
I've seen this indicator on many other platforms but not NinjaTrader. in general, it plots the SMA of the Highs and Lows of the bars to display trend, and possible changes.
I use it in 2 ways (both are pictured). The most common is on the chart with the primary data series. I generally set colors for just Up and Down with the other 3 Transparent. Mid and Max may be used here.
For the second mode, use it in a new pane and set all plots to transparent except SSLDir but make it plot as a bar and the appropriate width.
I have found a setting around 10 works pretty good for time-based charts and around 4 for fixed-height (renko, range) charts.
Category NinjaTrader 8 Indicators and More
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