Download free Price Action Indicators for NinjaTrader®
|Day Trading Support/Resistance
||As a Day Trader horizontal Support and Resistance from the current and prior day are your main concern.
The indicator shows:
> Open/High/Low of today
> High/Low/Close of yesterday
> Open of the week (if price is close, it often becomes a magnet on Friday’s)
|Open Gaps from Prior Days
||On instruments with RTH (regular trading hours) you often have gaps on a chart, that stay open for more than a day. Read more here:
Gaps from prior Days
|Yesterday’s shallowest Trend Lines||As a Day Trader horizontal Support and Resistance from the current and prior day are your main concern.
Add the shallowest Trend Lines from the prior day and you’re set.
Read more here:
Yesterday’s shallowest trend lines, be sure to draw them
|Simple AlwaysIn EMA||Shows Always In direction using recent bar closes above or below the EMA.
A trader preferably should be looking to enter the market in that direction only.Settings:
> EMA period
> Lookback period for closes above/below the EMA
> Percentage of bars to close above/below the EMA in that lookback period
Green plot means bullish market sentiment
Red plot means bearish market sentiment
Gray plot means neutral market sentiment
||Watch the Bid/Ask spread with Bid/Ask sizes on your chart. A large imbalance on the Bid/Ask sizes might help to see, if a support or resistance still plays a role or some profit taking is taking place.
Because of the increasing thickness of the lines, one can see an imbalance immediately.
All of our free indicators are distributed in one package.
(how to install, see here for help)
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