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Calculating indicator reversal prices


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  #1 (permalink)
 mannya 
waldwick, new jersey, United States
 
Experience: Intermediate
Platform: Ninjatrader
Trading: CL
Posts: 74 since Aug 2010
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Is there an indicator add-on (I'm not sure what you would call it) where like the range counter or tick counter, would tell you at what price an indicator would reverse?

For example I use the Gaussian filter direction reversal on a unirenko chart for a buy and sell stop and also as a stop loss. Instead of burning my eyes out staring at the screen, this would help immensely and allow me to place the buy and sell stops early

Also, I trade CL and the market can move so fast that I miss many great trades waiting for a visual color change rather than having the buy or sell stop in place.

Thanks for all the great help I have received. I wish I had found this site years ago.


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  #3 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
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Try searching for CCI Predictor or Stochastics Predictor. I think it's been done for one of those and maybe you get someone to update the code for your indicator.


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Last Updated on August 12, 2013


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