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Opening Range Indicator question

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  • Harry
    replied
    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

    Leave a comment:


  • petep
    replied
    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

    Leave a comment:


  • Harry
    replied
    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.

    Leave a comment:


  • petep
    replied
    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

    Leave a comment:


  • Harry
    replied
    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

    Leave a comment:


  • petep
    replied
    Yes its in the NT 7 Section and attached also, hope ya can help
    Attached Files

    Leave a comment:


  • sledge
    replied
    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.

    Leave a comment:


  • petep
    started a topic Opening Range Indicator question

    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

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