hi
I am wonder if there is an indicator for MT4 that is similar to Ninja Trader's Swing indicator.
It's seems pretty simple, you select lookback period (strength), whether you want it to calculate on bar close and then have options for the appearance of both the hi and low; choosing colour, width, style (dots, dashes etc). The indicator then plots a horizontal line from the low or hi xxx bars back. That line continues until that low/hi is taken out. Then a new line is commenced, but the existing line remains as well.
It seems like rather straight forward indicator, but I have not seen anything similar yet and have limited coding ability.
So just to be clear, I am not after anything fractal that predicts, nor anything that draws a line between 2 swing hi/lows. Just an indy that will put a line at the recent swing hi/low. Recent being dictated by the lookback period.
cheers
honkin
I am wonder if there is an indicator for MT4 that is similar to Ninja Trader's Swing indicator.
It's seems pretty simple, you select lookback period (strength), whether you want it to calculate on bar close and then have options for the appearance of both the hi and low; choosing colour, width, style (dots, dashes etc). The indicator then plots a horizontal line from the low or hi xxx bars back. That line continues until that low/hi is taken out. Then a new line is commenced, but the existing line remains as well.
It seems like rather straight forward indicator, but I have not seen anything similar yet and have limited coding ability.
So just to be clear, I am not after anything fractal that predicts, nor anything that draws a line between 2 swing hi/lows. Just an indy that will put a line at the recent swing hi/low. Recent being dictated by the lookback period.
cheers
honkin