Hi everyone,

Is there a simple support/resistance indicator that draws the lines only on newly
created support/resistance?

All of the indicators i ran into until now are drawing too many lines including
on recent days etc.

I need this indicator for a simple strategy that has a dynamic/smart trailing stop
that goes under each newly created support as the stock moves higher
so an indicator that draws lines all over the chart wouldn't work for me.

Any ideas?

Maybe one of these indicators would do the trick for your strategy:
https://nexusfi.com/download/ninjatrader-7/indicators/1207-download.html?view
https://nexusfi.com/download/ninjatrader-7/indicators/1411-download.html?view

rg12 

Hi everyone, Is there a simple support/resistance indicator that draws the lines only on newly created support/resistance? All of the indicators i ran into until now are drawing too many lines including on recent days etc. .... Any ideas?

it is very simple to convert an indicator that "drawing too many lines" into just 1 line.

trendisyourfriend 

Maybe one of these indicators would do the trick for your strategy: ww.bigmiketrading.com/download/ninjatrader-7/indicators/1207-download.html?view ww.bigmiketrading.com/download/ninjatrader-7/indicators/1411-download.html?view

Thanks, I checked the links but it looks much more complex for my needs
Is there a way for simplifying these strategy to just stick the line to each newly
created support line?

bump...

rg12 

bump...

no reply because nobody understand what you asked, draw a picture to show what you looking for.

cory 

no reply because nobody understand what you asked, draw a picture to show what you looking for.

Here is the example:

rg12 

Here is the example:

which indicator you found draw multiple stop lines?

Maybe the swing indicator is what you're looking for. It is native in Ninja.

trendisyourfriend 

Maybe the swing indicator is what you're looking for. It is native in Ninja.

Thanks man, that looks like what i'm looking for!
I'll go check it out
Thanks again,
Roi.