[Free] Price Following

Description

~100 pro trading software indicators, all under one roof

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Platform

Availability for:

• NinjaTrader 7 platform: NOT PLANNED
• NinjaTrader 8 platform: AVAILABLE NOW

Notice

• Calculate mode: OnBarClose only
• Trader manual: not available

Overview

Price Following is a free indicator that plots 2 lines which are a user-defined offset (in ticks) from above N-bar high or below N-bar low.

These 2 lines are very useful for traders to automatically trail their orders (stop order, target order, entry order).

The plots can be colorized based on their slopes (whether they are rising or falling).

This indicator also allows traders to smooth these 2 plot lines separately with any of 10 popular smoothing methods.

Key features:

• Plot trailing high & trailing low
• Allow configuring high/low period
• Allow specifying offset (in ticks)
• Allow smoothing 2 plots separately with any of 10 popular methods
• Paint plots in different colors based on their slopes

NinjaScript readiness:

• Can be used in Market Analyzer
• Can be used in Strategy Builder
• Can be used in BloodHound
• Can be used in 3rd-party indicators, strategies, products
• Professional & clean signature for easy calling

Compatibility:

• Instruments: CFDs, forex, futures, indices, options, stocks
• Interval types: timebased or non-timebased, standard or custom
• Chart styles: whatever

Usability:

• Ready to use out of the box
• Fully configurable & customizable with ease

Media

Installation

Please read Installation Guide for details.

Download

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