Price Breakout From Rectangular Base On Volume

Custom Indicator identifies stocks which breakout of rectangular base with volume

Best results achieved with Chandelier Stop = 3 and ATR = 14, do not forget to set TrailingStopPct = 0.

I hope this works for you, try it and provide your suggestions…

Created By isitpossible
NinjaTrader Version 7
File Size 13.4 KB
Create Date 07/14/2010
# of Downloads 2430

Importing to NinjaTrader 7 is Easy!

To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:

  1. Download the app or add-on file to your desktop
  2. From the NinjaTrader Control Center window, select the menu File > Utilities > Import NinjaScript
  3. Select the downloaded file from your desktop

Questions?

Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.