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Levels indicator


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  #1 (permalink)
 romus 
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Is there an indicator for NT7 that can show a number (selectable) of either Highs, Lows, Opens or Closes (choice) in the selected timeframe? To simplify, even as simple as in the current chart timeframe would be sufficient.

It needs to do it automatically - as I know there are some that can be manually done.

Many thanks in advance,
romus.


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 Robotman 
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This is an excellent place to start:


https://nexusfi.com/download/ninjatrader-7/indicators/371-download.html?view



Robotman


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  #4 (permalink)
 romus 
Melbourne, VIC, Australia
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@Robotman,
Thank you for response.
I am familair with some FatTails indis and they are a bit too complex for this task.
What I am really after is the automatic pick up of e.g. 5, 10 or more recent highs and lows to mark as levels.
It can be done manually with another FatTails indi - Alert on line - but I am after something to make the job easier and faster.

Cheers,
romus


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  #5 (permalink)
 
xplorer's Avatar
 xplorer 
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romus View Post
@Robotman,
Thank you for response.
I am familair with some FatTails indis and they are a bit too complex for this task.
What I am really after is the automatic pick up of e.g. 5, 10 or more recent highs and lows to mark as levels.
It can be done manually with another FatTails indi - Alert on line - but I am after something to make the job easier and faster.

Cheers,
romus

By the sound of it you are looking for the Swing indicator. It comes as standard both in NT7 and NT8.


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  #6 (permalink)
 romus 
Melbourne, VIC, Australia
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xplorer View Post
By the sound of it you are looking for the Swing indicator. It comes as standard both in NT7 and NT8.


@xplorer,

Thank you for response.

Probably I did not express it properly - I am looking for indicator which shows e.g. highs and lows (open and close, as additional option) of each high and each low of last No. of bars.
Say you want to see and mark levels of high and low of each Month for the last 12 months (not just 1 year high and low), then indicator could do it in a breeze. After that I could copy them (all or selected) with horizontal lines and even set them for all charts for this instrument.
Well, some of them will be swing levels.
Same can be done for Weekly charts etc. - just by changing the chart interval.
Just one of the ways to approach "market memory".

I hope this is clearer description now.

Many thanks for any help,
romus


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  #7 (permalink)
 
xplorer's Avatar
 xplorer 
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romus View Post
@xplorer,

Thank you for response.

Probably I did not express it properly - I am looking for indicator which shows e.g. highs and lows (open and close, as additional option) of each high and each low of last No. of bars.
Say you want to see and mark levels of high and low of each Month for the last 12 months (not just 1 year high and low), then indicator could do it in a breeze. After that I could copy them (all or selected) with horizontal lines and even set them for all charts for this instrument.
Well, some of them will be swing levels.
Same can be done for Weekly charts etc. - just by changing the chart interval.
Just one of the ways to approach "market memory".

I hope this is clearer description now.

Many thanks for any help,
romus

OK thanks for clarifying - I have not seen one personally or in the Indicators section, sorry.


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  #8 (permalink)
 romus 
Melbourne, VIC, Australia
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xplorer View Post
OK thanks for clarifying - I have not seen one personally or in the Indicators section, sorry.

@xplorer,

I have not seen either, hence a request for help (ready to go indi). Another option is to ask the programming guys - but they are too busy to get NT8 indicators done.

Anyway, thanks for a good hint - as using Swing Indicator and then copying levels may give me similar results.

Cheers,
romus.


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  #9 (permalink)
 
xplorer's Avatar
 xplorer 
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romus View Post
@xplorer,

I have not seen either, hence a request for help (ready to go indi). Another option is to ask the programming guys - but they are too busy to get NT8 indicators done.

Anyway, thanks for a good hint - as using Swing Indicator and then copying levels may give me similar results.

Cheers,
romus.

Yeah, maybe playing with the "period" in the Swing can give you a working alternative.


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  #10 (permalink)
 
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 sudhirc 
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romus View Post
,
What I am really after is the automatic pick up of e.g. 5, 10 or more recent highs and lows to mark as levels.

Cheers,
romus

@romus
Did you try mksupdemzones, it even does it in MTF.

https://nexusfi.com/local_links_search.php?action=show&literal=1&search=mksupdemzones&desc=1&keys=1

It even does it in MTF.

Sudhir


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Last Updated on November 13, 2017


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