-
Hammer Candlesticks Ninja Trader Addon
Hammer Candlesticks Ninja Trader Addon A simple script that changes the colour of the candle if the wick is larger than the candle snippet by WeyldFalcon . This script colours ‘Hammer/Inverted Hammer’ Bars based on percentage ratio Wicks/(High-Low). In addition, one can play sounds attached to the signal bars. Both Bar Color and Sound signals can be switched on/off by users in the indicator properties windows. KEY TAKEAWAYS Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow. The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the…
-
Liquidity Index for NT8
Liquidity Index for NT8 Liquidity is one of the most important signals traders can pay attention to in the market. It shows how market participants are feeding the price levels. It is not only with limit orders but also related with the speed that traders and institutions can answer for new price actions. Liquidity comes along with Volatility because they are proportional inversely and for the complete technical analysis over market movement, traders must watch both signals. QuantWise Trading provide this indicator as open code, and we explain the original concept and its respective algorithm. ∆L= ∆V/∆P Knowing that the liquidity variation is the volume variation over the price…
-
Auto Swing Indicator with toolbar and comprehensive support/resistance identification
Auto 3 Swing Indicator with toolbar and comprehensive support/resistance identification **NOTE** The version has been updated. The previous version must be uninstalled before importing. 1.Open Ninjatrader 8 2.Click on TOOLS > REMOVE NINJASCRIPT ASSEMBLY 3.Select ActiveGeoking from the list and process removal 4.Import new ZIP file attached to this listing via TOOLS > IMPORT > NINJASCRIPT ADDON Triple Trend Feature In the top right corner of the chart, you will notice SML, MED and LGE printed in either RED or GREEN. GREEN = Trend up RED = Trend down SML is the smallest Zig Zag swing being PINK in colour on the picture in the post above. It is impossible…
