Update to the Reversal Bar Indicator. (Previously under TradeSimple Folder)
This is recommended to use with Renko style charts. (uni-renko, NinZaRenko, or any price based chart)
Simple Reversal is a basic Green -> Red for bearish, or Red -> Green for bullish.
- Colors green / red reversal bars in real time. User can choose different colors for each.
- Can set a Wick Offset to define how far below/above the wick needs to be. (Or chose simple for basic Green-> Red / Red -> Green)
- Option to highlight screen over the most recent reversal bar.
- Option for audio alert once a reversal bar closes. User selected audio file.
For original explanation video:
https://youtu.be/oj0ShJE1o9M
New update. Can now be used with Strategy Builder. (Hint: Use numeric value)
- Bullish pattern (Green Reversal bar): +1
- Bearish pattern (Red Reversal Bar): -1
For a video explanation on how to set up this indicator with Strategy Builder:
https://youtu.be/IqMJCp8N0-4
Attached Files
| Created By | TradeSaber |
| NinjaTrader Version | 8 |
| File Size | .5 KB |
| Create Date | 06/19/2023 |
| # of Downloads | 1306 |
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