NexusFi: Find Your Edge


Home Menu

 





Indicator for reversal bar detection?


Discussion in NinjaTrader

Updated
    1. trending_up 3,559 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 1 attachments




 
Search this Thread
  #1 (permalink)
 ju1234 
new york NY USA
 
Experience: Advanced
Platform: NT
Trading: CL
Posts: 56 since Jan 2013
Thanks Given: 102
Thanks Received: 20

Do you know of any indicator or other device (for Ninjatrader 7 or 6.5) (or for other platforms, I will switch platform) that I can use to detect a classic reversal bar (spike up or down and close near the open) and display/sound an alert? I assume there should be ability to set a value for the bar range since range varies so much with instrument and time frame of the bars. Thanks for the help.


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
May 26 Deadline Dies at 7.5% as US Strikes Iran During C …
Prediction Markets & Event Contracts
Iran Talks Final Stages -- Two VLCCs Exit Hormuz, Record …
Traders Hideout
S&P 500 Holds the Line: No Fast Track for SpaceX, Op …
Stocks and ETFs
World Cup Opens: USA at 45.5% Tonight as Markets Push Ba …
Prediction Markets & Event Contracts
$4.5M Floods Russia Nuclear Contract in 24 Hours -- Krem …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
10 thanks
Darmok and Jalad at Tanagra
3 thanks
30 Sessions
1 thanks
Big Mike in Ecuador
1 thanks
  #3 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,099 since Jun 2009
Thanks Given: 877
Thanks Received: 8,098


the pattern close near open with long wick or tail is called a doji, just use ninja pattern finder indi and select doji to look for it.


Attached Thumbnails
Click image for larger version

Name:	pattern.png
Views:	485
Size:	56.9 KB
ID:	103392  
Reply With Quote
Thanked by:
  #4 (permalink)
 ju1234 
new york NY USA
 
Experience: Advanced
Platform: NT
Trading: CL
Posts: 56 since Jan 2013
Thanks Given: 102
Thanks Received: 20

Thank you Cory. I did not know NT had the candle pattern finder. There are several names that can fit into the "reversal bar" pattern, for example hanging man, shooting star, hammer and so on. They are all reversal bar. i am not the tech kind but I will see if I can make some minor changes in the code to make it not so specific. Thanks again.


Started this thread Reply With Quote




Last Updated on February 21, 2013


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts