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i am gradually making the transition to 8. however there are fewer 3rd party indicators available in 8 like there are available for 7 (understandably).
i would like to see if there is a ninja 8 version of the indicator called "BREAKOUT
RECOGNITION"
Not sure you need the indicator converted. I didn't follow the link, so I may be off base here. But from memory you are basically looking at Bollinger Band (14,2) breakout.
You go long with 2 bar closes above the upper Bollinger Band providing the bar prior to the break out closed inside the Bollinger Band. Opposite for a short.
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- Trade what you see. Invest in what you believe -
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pfsmedical
Colombia
Posts: 12 since Oct 2010
Thanks Given: 4
Thanks Received: 3
thanks for your reply ..
actually yes & no .... i do use bollinger ..yes ... but ... only for quick COUNTER trend scalping trades -- once price breaks outside of bands ... i look to take a quick 2 - 4 "tick" scalp using 2 contracts. (targeting the bollinger midline)
but no ...
the breakout recognition indicator ... works with channel breakouts ... when i get into a Trend trade ... its always comforting to here that alert go off while in a TREND trade .. gives me that "warm & fuzzy feeling" that the pattern will not fail before hitting my small / obtainable targets ...
ive also attached the zip file i would like to have upgraded
Hey guys, I thought many of you would enjoy and benefit from this thread. My intention is to have each poster reply and describe in as much detail as possible an indicator they want created for NinjaTrader.
The programmers on the forum (there are many), …
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- Trade what you see. Invest in what you believe -
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