Indicator support and resistance

[Willie]

Do you have an indicator that will calculate and draw support
and resistance lines for the time frame you are using?
Also will leave the previous lines when you update new ones.

[NinjaTrader_JoshP]

Search for Dynamic Support/Resistance in the file sharing section. You may find what you want.

[Willie]

I am not looking for a dynamic indicator, I am looking for support and resistance lines that follows price. See picture.
Blue lines would be resistance
Yellow lines would be support
I think that TradeSation has this feature.
I wasn't sure how to compress the picture, so I sent it in a compressed
zip file.

[NinjaTrader_JoshP]

What you are looking for is equivalent to an indicator. You will need to custom code an indicator that does what you want. If you don't wish to program you can try contacting one of the NinjaScript Consultants here: http://www.ninjatrader.com/webnew/pa...injaScript.htm

[Willie]

OK. Thanks for the info.
I sent another photo of auto trend lines from Tradestation.
Do you have an indicator that will do this.
It plots and leaves all the trend lines on the chart.
The NinjaTrader indicator only plots 1 trend line and removes the previous one.

[NinjaTrader_Ray]

Not that we are aware of however, the auto trend line indicator that is posted in the NinjaScript File Sharing section can be easily modified to leave prior drawn lines.

[Willie]

I am not successful in editing the script.
I keep getting an error message when I try and recompile the script.
If anyone could help me with this problem.
I would appreciate it very much.

Thanks
Willie

[NinjaTrader_JoshP]

Please post the error code. Also please take a look at this tip: http://www.ninjatrader-support.com/v...ead.php?t=3418

[goldfly]

I've been looking more at trendlines lately. This seems kind of crowded. But it certainly has some merit.

Hope this helps.

Oh yes, I turned off the trend break marker, cause I don't like it and wasn't on your chart Willie.