Looking for indicator to show profit target at given # ticks beyond the previous bar

[EnveousColnago]

Pretty much what the title says. I'm looking for an indicator where I can set my profit target at, say, 4 ticks, and the indicator will put a little line on the chart showing where that is (above & below) the previous bar like in the attached pic. I searched the NT indicator page but didn't find anything. Anyone know of an indicator that would do this?

[NinjaTrader_Jesse]

Hello EnveousColnago,

I am not aware of an item like that myself but that would be fairly simple to create using the Ray drawing object.

You can generate a new empty indicator and place the following inside it to draw with an offset:

protected override void OnBarUpdate()
{
    if(CurrentBar < 1) return;
   double highPrice = High[1] + (4 * TickSize);
   double lowPrice= Low[1] - (4 * TickSize);

   Draw.Ray(this, "HighRay", 1, highPrice, 0, highPrice, Brushes.LimeGreen);
   Draw.Ray(this, "LowRay", 1, lowPrice, 0, lowPrice, Brushes.Red);
}

[EnveousColnago]

Hello EnveousColnago,

I am not aware of an item like that myself but that would be fairly simple to create using the Ray drawing object.

You can generate a new empty indicator and place the following inside it to draw with an offset:

if(CurrentBar < 1) return;
double highPrice = High[1] + (4 * TickSize);
double lowPrice= Low[1] - (4 * TickSize);

Draw.Ray(this, "HighRay", 1, highPrice, 0, highPrice, Brushes.LimeGreen);
Draw.Ray(this, "LowRay", 1, lowPrice, 0, lowPrice, Brushes.Red);

Thank you! How do I go about converting this code to an indicator? I'm on NT8 btw. I tried New > Ninjascript Editor > right click indicators > New Indicator, then pasting the above code, but it's giving me a bunch of errors. Also tried pasting code into notepad file, changing extension to .cs, zipping in a folder, and importing, but in that case it said it was incompatible with my version of NT

[Teebone21]

Thank you! How do I go about converting this code to an indicator? I'm on NT8 btw. I tried New > Ninjascript Editor > right click indicators > New Indicator, then pasting the above code, but it's giving me a bunch of errors. Also tried pasting code into notepad file, changing extension to .cs, zipping in a folder, and importing, but in that case it said it was incompatible with my version of NT

Those targets and stops are reserved for strategies in NT8.

[NinjaTrader_Jesse]

Hello EnveousColnago,

Those are the correct steps to create an indicator, it sounds like you pasted it in the wrong location. This code would go inside the curly braces below OnBarUpdate: I updated the previous post to show OnBarUpdate

[EnveousColnago]

Hello EnveousColnago,

Those are the correct steps to create an indicator, it sounds like you pasted it in the wrong location. This code would go inside the curly braces below OnBarUpdate: I updated the previous post to show OnBarUpdate

Thank you!