-
Opening Range Breakout
What Opening Range Defines an Opening Range (OR): You specify the session start time (e.g. 9:30). It takes the next X minutes (default 30) to measure the high and low of that range. That becomes your “box” → rangeHigh and rangeLow. Waits for a breakout: After the OR is locked, it watches subsequent bars (on a smaller timeframe, e.g. 5-minute candles) for a close above the high or below the low. If price closes above the range → long entry. If price closes below the range → short entry. Draws the OR levels: At the end of your defined trade window, the system plots two horizontal lines on the chart:…
-
Kalman Trend
📈 Kalman Trend Indicator for NinjaTrader 8 by PropTraderz The Kalman Trend indicator is a powerful, lightweight trend-following tool designed specifically for NinjaTrader 8. It leverages the strength of dual Kalman filters to smooth price action and reveal trend direction with minimal lag — while also offering enhanced visual cues through candle coloring, trend lines, and optional box displays for trend shifts. 🔧 Features: Dual Kalman Filters: Short Kalman (default length: 15) captures fast trend movement. Long Kalman (default length: 30) filters out noise for a smoother trend baseline. Candle Coloring: Candles are colored based on the relationship between short and long filters. Bullish trend = LimeGreen, Bearish trend…
