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RangeDisparityMeter Indicator for NT8

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RangeDisparityMeter Indicator for NT8

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  #1 (permalink)
trendisyourfriend's Avatar
Quebec Canada
Market Wizard
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
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I've posted a new indicator named 'RangeDisparityMeter', it is a companion to the 'VOLCumulativeDisparityMeter'.

The indicator continuously tracks the development of the trading session's price range as it unfolds and compares it to the historical averages.

Just as the 'VOLCumulativeDisparityMeter', you can reset the range meter at various intraday intervals.

I have opened this thread to discuss or report any misbehaviors.

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  #2 (permalink)
Scottsdale AZ
Experience: None
Platform: MT4 and NT
Trading: ES and GC
Posts: 10 since Jun 2020
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This looks really great! I was wondering, if I'm in the pacific time zone and trade the 1 or 2 minute charts, is there a recommendation of the parameters I would set to have the indicator to start calculating at the best/appropriate times during the NY session?

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friii's Avatar
Experience: Intermediate
Platform: TWS
Broker: IB
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Hi TiYFriend,
is there a way to send the right values to a strat witch is calculated on each tick?
I created an Int-public series Trend in your IndCode, the (Chart) IndicatorPrint is OK, BUT:
In the strat, the barsago 1 or 0 - values are always 0, even on BIP0 && IsFirstTickOfBar - any help !?



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Liquidity Taker's Avatar
 Liquidity Taker 
Plymouth, Michigan
Experience: Master
Platform: NT, TS
Broker: Ninja, TradeStation
Trading: ES
Posts: 60 since Aug 2009
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this is awesome and useful, one feature when if you have the time just add a little display on the chart to show % of the range so far which would be a simple division between current range and avg (this would be one way to save real estate)

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Last Updated on October 30, 2023

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