Most appropriate add-on type for "distance/value to draw object" add-on .

[Bundy76]

Hi,

Example:- I want to draw a box and then mark that box object as the target object and I want to have a streaming output of the distance ( in value or ticks etc ) from the current price ...for stop purposes.

So... to elaborate on the example...

Let's say the bounds of the Box are currently at 3200 ( top extremity ). Current price is at 3300. Display "$125" in top corner ( 100 * $1.25 MES ) or something along those lines. And update this value for every price change.

So the question is... Should I use an" indicator" to manage this Heads-Up-Display of the distance to my stop zone ( or target zone even ... and so on )?

Or should I use a general window add-on that references any chart window and renders to it after detecting the object and doing calcs every tick or price update?

Or something else?

I would also develop this further to include profit targets and even a "Helper" strategy, or similar.

I'm happy to change tactics on this over time, but just need a starting point.

Very much appreciate any input.

,Bundy

[NinjaTrader_Jesse]

Hello Bundy76,

For what you described an indicator would work best. Indicators can render or draw on the chart to create a live output display. OnRender or Drawing objects would likely be the best path forward for showing data from the indicator. That would also allow the code to be used from a strategy if you wanted.


I look forward to being of further assistance.