Can anyone tell me which indicator it is in the pictures?

[sinpeople]

Hi Folks,

I was given a charting software after a futures day-trading training session. They are using a Pesavento Pattern to track the lows and highs of ES movement. But there is no back test functions available.

I was told it is an open source indicator. But I was not able to locate a PV indicator in the library with similar property page (I guess they have changed something like its name, etc). The two parameters in the rectangle are the only 2 required inputs into the indicator, together with the data sequence. I have also attached an image of how those PV points connected in the bar chart.

Could people here take a look into the pictures and give me some advise on which indicator I should choose from NT7 library? I am trying to create indicators on NT7 platform to do some back tests.

Thank you very much!


Best Regards
David

[bltdavid]

I'd recommend PriceActionSwingPro, trying reading here and here.

EDIT: This indicator is free (read the links to find out more) but contains
a (confusing?) myriad of parameters. Fortunately, most of its many dozens
of parameters can be safely ignored or investigated later -- but once
mastered, you'll discover a huge variety of presentation options are
under your complete control.

My point is: This indicator has a lot more than just 2 parameters.

[bltdavid]

You could also try looking at the ZigZag indicator,
which is a standard indicator in NinjaTrader 7.