Announcement

Collapse

Looking for a User App or Add-On built by the NinjaTrader community?

Visit NinjaTrader EcoSystem and our free User App Share!

Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less

Partner 728x90

Collapse

How to find horizontal channel breakouts?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    How to find horizontal channel breakouts?

    The breakout seems to be the easy part (new high) but what is the easiest way to find a horizontal channel, or any channel for that matter? I've searched but no joy. I would be looking for a horizontal channel (with x% or less total variance) longer than n bars:

    Alternatively, rather than running C# over price action, is there perhaps an indicator that would make this easier?

    Thanks
    Last edited by d122y; 01-23-2022, 01:37 PM.

    #2
    Hello d122y,

    You would need to design your own logic for this.

    Below is a link to an example that gets the y-intercept along a line which you may find useful.
    https://ninjatrader.com/support/foru...663#post828663

    What are your exact rules for the channel?

    Are you looking for any bars where the price is falling after on the previous bar it was rising?

    Is there a threshold for how high the must be?
    Chelsea B.NinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by JorgaShaw, Today, 02:03 AM
    0 responses
    1 view
    0 likes
    Last Post JorgaShaw  
    Started by Cahflopr, Today, 01:40 AM
    0 responses
    2 views
    0 likes
    Last Post Cahflopr  
    Started by kaywai, Today, 12:21 AM
    0 responses
    5 views
    0 likes
    Last Post kaywai
    by kaywai
     
    Started by 678Red, 05-08-2022, 07:23 AM
    5 responses
    39 views
    0 likes
    Last Post Mindset
    by Mindset
     
    Started by newton1, 05-21-2022, 08:28 PM
    1 response
    13 views
    0 likes
    Last Post NinjaTrader_Manfred  
    Working...
    X