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2522
elitecamper
This indicator draws horizontal Support/Resistance lines at various price levels, above and below the market, where price historically created swing High/Low pivots multiple times, creating support and resistance as price action bounced off of those levels.
This indicator combines the overbought and oversold logic of Bollinger Bands and that of the Relative Strength Index. When the RSI line crosses below the upper bollinger band from above, it is a signal to sell. When the RSI line crosses the lower bollinger band from below, it is a signal to buy.
NinjaTrader do not have Dynamic Data Exchange (DDE) capability. This indicator helps one to build a DDE connection between NT and any client application like excel. NT acts as the server and sends the data.
.Net do not supports DDE natively but there is a very good free open source library namely NDDE, which i have used to make the dde link.
The indicator uses many "non-supported stuffs". So use/edit is judiciously.