Dynamic Range Spotter

[laocoon]

Hi

I'm looking for an indicator that draws a line below the highest high / lowest low of the last x bars and dynamically removes and adjusts this line throughout the session.

Does such an indicator already exist for Ninja?

Thanks

[NinjaTrader_Tim]

Hi laocoon,

Thank you for your post.

A few indicators that might interest you are...

Swing
The Swing indicator plots lines that represents the swing high and low points. (http://www.ninjatrader-support.com/H...eV6/Swing.html)

DonchianChannel
The Donchian Channel indicator was created by Richard Donchian. It uses the highest high and the lowest low of a period of time to plot the channel. (http://www.ninjatrader-support.com/H...anChannel.html)

[laocoon]

Hi Tim

Thanks a lot for your reply.
This is exactly what I was looking for.

Regards