NexusFi: Find Your Edge


Home Menu

 





Distance Travelled indicator


Discussion in NinjaTrader

Updated
    1. trending_up 1,441 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 vchase 
London
 
Experience: Beginner
Platform: NinjaTrader
Trading: silver,SI,YI,ZI, ES,EURUSD
Posts: 44 since Sep 2010
Thanks Given: 13
Thanks Received: 16

Anyone know of an indicator for NT that would show me the distance of the extremes of the current swing from the current price, in ticks?

I want to have a way to easily see in real-time when a move has travelled x ticks from a swing.
or the price-distance between the extremes of the current swing and the current mouse-pointer.

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
How to plot a custom icon for crossover
NinjaTrader
Has anyone taken The Confident Trader course from aheadc …
Trading Reviews and Vendors
Elite Trader Funding, Avoid?
Trading Reviews and Vendors
Better Renko Gaps
The Elite Circle
tick data interval discrepancy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
ApexTraderFunding.com experience and review
91 thanks
HumbleTraders next chapter
73 thanks
Winning attitudes create winning traders
39 thanks
Just another trading journal: PA, Wyckoff & Trends
32 thanks
Topstep experience and review
28 thanks
  #2 (permalink)
 MBAGearhead 
Chicago, IL
 
Experience: Advanced
Platform: OpenECry
Trading: Crude Oil, Soybeans
Posts: 22 since Nov 2010
Thanks Given: 22
Thanks Received: 12


vchase View Post
Anyone know of an indicator for NT that would show me the distance of the extremes of the current swing from the current price, in ticks?

I want to have a way to easily see in real-time when a move has travelled x ticks from a swing.
or the price-distance between the extremes of the current swing and the current mouse-pointer.

This may also work for you:
https://nexusfi.com/download/ninjatrader-7/indicators/1602-download.html?view

Reply With Quote
Thanked by:
  #3 (permalink)
 vchase 
London
 
Experience: Beginner
Platform: NinjaTrader
Trading: silver,SI,YI,ZI, ES,EURUSD
Posts: 44 since Sep 2010
Thanks Given: 13
Thanks Received: 16




Yes, that is a nice tool. Unfortunately it snaps the zero position to a round number position based on the interval settings. Still, I've found it useful for showing an estimate especially before a trade ( and then just leave it visible during the trade ). But for exact measures, I found that if I use the PriceActionSwingPro indicator, it does the measuring in real time. However, it is measuring the entire swing rather than from the entry trigger point. Good for Limit orders, but less so for Stop orders. I want to measure from a trigger position ( not necessarily where I actually entered as I may have been a bit late or early ).

In NT7, when we grab (single-click) a pending order on the chart, it shows the distance in ticks/pips relative to the current price, in real time. That is what I'm looking for ( but not as a real pending Order ).

Started this thread Reply With Quote




Last Updated on July 9, 2015


© 2024 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 - Privacy Policy - Downloads - Top
no new posts