How to track gap up or down with market analyzer?

[Johnny Santiago]

I'm trying to set up my market analyzer to show me when the market has gapped up or down by a certain percentage...how do I do that?

[Johnny Santiago]

I want to know how to set it up for gaps at the market open. 9:30am Est

[NinjaTrader_Manfred]

Hello Johnny,

The easiest way to set this up would be with an alert.

This could either be a visual/audio alert or one that only records the event in the alerts log.

Here is a suggested setup for the alert. Please note: I added the "Opening" column to the Market Analyzer to accomplish this:



This would mean if the last price minus 10% crosses below the opening value, the alert would trigger.

This could then be set up in reverse or with different percentage values and activated/deactivated whenever you need an alert of this value/kind.

Please let me know if you have any questions about this!

[Johnny Santiago]

Would this be the opening in the morning or the overnight session? How do i know which opening it's talking about?

[NinjaTrader_Manfred]

This "Opening" would be based on the first price reported when the trading session starts.

This, on the other hand, is defined in the "Trading Hours" template. In the example below the "Opening" would be the price the instrument had at 5 PM:



If you are ever uncertain which Trading Hours template applies to an instrument you may find the information in the instrument settings:



Please don't hesitate to let me know if you still have any questions!

[Johnny Santiago]

Where do i find the trading hours template that you show in the first image? How do I get to that?

[Johnny Santiago]

Is there also a way to see how much percent each market has moved up or down for the day in market analyzer? Is there a column for that?

[NinjaTrader_Manfred]

Hello Johnny,

To answer your first question I recorded a short video. You may find it at the following address:

https://www.screencast.com/t/g5gBUU9OzDA

This video walks you through the steps of checking/modifying the trading hours template that applies to an instrument by default.


Regarding your second question:

An easy way to accomplish this is by using the "Net change" column. This can be set to both, a point-based and a percentage-based display.

If a cell condition is then added you could also have colored rows based on the daily movement:



To set this up, first add two Net Change columns with the below settings:



Before applying the cell conditions to both:



Please let me know if you still have any questions in this regard!

[Johnny Santiago]

Thank you for your help.