Improved Auto Scaling Indicator

Hi guys,

there is the annoying problem of the built-in-auto-scaling on the y-axis which distorts the proper judgement of the extent and materiality of a price movement because it is set to the current sceen's date range and the distance between upper and lower bound is changing heavily all the time...

To overcome this issue I coded a simple indicator ("BBchartScaling") which draws two lines with a fixed distance in ticks (input variable). The lines are transparent but NT regards them as being there and hence the autoscaling function will refer to them.

The lines are fixed in their distance and move with the arithmetic mean of the HH/LL of the last xx bars (another input variable).

You can make the lines also visible by just turning the "showingLines"-variable from default 0 to 1...

Created By koalboy
NinjaTrader Version 7
File Size 6.1 KB
Create Date 05/25/2012
# of Downloads 1048

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