Does anyone have any suggestions?
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indicator(s) to confirm reversal after price spike
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indicator(s) to confirm reversal after price spike
I am trying to determine what would be a good indicator (combination of indicators) to "confirm" reversal after a sudden spike (up OR down) in price. I trade ES and NQ, intraday/scalping, 1-5 minute candles. And obviously volume would also be a factor. Can either be existing well-known indicators or a custom indicator.
Does anyone have any suggestions?Tags: None
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Hello rdwear,
Thank you for your note.
You may be interested in certain candlestick formations which could be considered a reversal pattern, you could see the following indicator,
You may also consider looking through the indicators at the following link,
If you’d like a custom indicator and would like a list of third parties that would be interested in building this for you, please let us know.Alan P.NinjaTrader Customer Service
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