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Opening Range Indicator question

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    Opening Range Indicator question

    Currently using the Opening Range 4 indicator and wanted to find out if anyone can create horizontal lines x number above or below the Open High and Low on this indicator.
    Kinda new to Ninjatrader

    #2
    Originally posted by petep View Post
    Currently using the Opening Range 4 indicator and wanted to find out if anyone can create horizontal lines x number above or below the Open High and Low on this indicator.
    Kinda new to Ninjatrader
    In the NT 7 Indicator board section.

    Comment


      #3
      Yes its in the NT 7 Section and attached also, hope ya can help
      Attached Files

      Comment


        #4
        The initial balance range bands indicator allows you

        - to select the start time and duration of the opening range
        - to plot three lines above and below the opening range (default setting +-50%, +-100% +- 200%)
        - to plot the night session range

        Source: https://www.bigmiketrading.com/downl...load.html?view

        Chart attached.
        Attached Files

        Comment


          #5
          Hey Harry, thanks for the heads up on the initial balance range indicator.
          When I put this indicator on (as default), the lines appear way off to what I need it for.
          I did try to change the settings on it but call me dumb and nothing worked to replicate what I want.
          On the screenshot attached, the Black dotted line is the night session to morning open high and low line and all I need is a horizontal line x number of points above the overnight high and x number below the overnight low and a RTH Open.
          BTW, the black dotted line is the BZVOpeningRange4 Indicator
          Attached Files

          Comment


            #6
            Originally posted by petep View Post
            Hey Harry, thanks for the heads up on the initial balance range indicator.
            When I put this indicator on (as default), the lines appear way off to what I need it for.
            I did try to change the settings on it but call me dumb and nothing worked to replicate what I want.
            On the screenshot attached, the Black dotted line is the night session to morning open high and low line and all I need is a horizontal line x number of points above the overnight high and x number below the overnight low and a RTH Open.
            BTW, the black dotted line is the BZVOpeningRange4 Indicator
            You need to change the indicator settings. I assume that you use an ETH session template that starts at 5:00 PM. As shown on your chart, the indicator has set the opening range at 5:00 PM Central. Obviously this is not what you want, as the opening range should start 9:30 AM EST.

            Please set "Session # for RTH" to "First" (your template only has one session per day) and then enter a Period Offset of "+ 15:30" to shift the start of the opening range from 6:00 PM EST to 9:30 AM EST. You will now see the correct RTH open and the opening range as selected. Also set Pre-Session to "Full" and the indicator will display the night session high and low.

            The indicator does not yet plot any lines above and below the night session range. This could be easily added however, by modifying the code.
            Last edited by Harry; 05-27-2013, 02:11 AM.

            Comment


              #7
              It now plots the Pre-High and Pre-Low which is same as the BZVOpeningRange4 Indicator but still looking for the x number of points above and below the Pre-High/Low...wish I was a coder

              Comment


                #8
                Originally posted by petep View Post
                It now plots the Pre-High and Pre-Low which is same as the BZVOpeningRange4 Indicator but still looking for the x number of points above and below the Pre-High/Low...wish I was a coder
                You could try here. In some case it works.

                https://www.bigmiketrading.com/elite...ated-free.html

                Comment

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