I want to draw two type of S&R on a chart;
1) Draw 2 lines, 1% above (Close[0] * 1.1) and 1% below (Close[0] * 0.9) current price for a certain period (for example last 30 bars). For clarification look at First.png attachment.
2) I want to draw open price of third day of each month continuously. For clarification look at Second.png attachment.
This indicators are only for example, the formula that what i really want to do is a little bit complex.
I didn't open seperate topic for these indicators because i think they are very similar to each other.
I want to do these indicators as possible as simple but effective (fast process is important because many S&R will be draw on a chart at the same time)
Also i want to use these indicators in a strategy. I think, simply calculate levels on a memory and draw a line via override plot method not work for me.
Could you please tell me what is the best way to develop these type of indicators with ninjatrader.
Or Could you please tell me is there any example about these type of indicators for guide me.
Could you please tell me how can i solve my problem on ninjatrader.
Regards,
Aytac
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