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Wedge pattern " Only " detection / signal .....

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    Wedge pattern " Only " detection / signal .....

    Good Afternoon,

    I have a " simple " question,
    and that is ..... an Indicator that will send an Alert , as soon as a wedge pattern occurs at a Major support / resistance zone

    A support / resistance zone would be classified as ..... at minimum, a second test of one of these areas ( price levels ) , I.E. a double bottom/top.
    As well as a third test , a triple bottom/top
    A fourth test, a quadruple bottom/top, etc. etc.

    As soon as one of these structural " Bottoms/Tops " is FORMED , the next thing would be in defining the " Trigger " point.
    I define the Trigger point based off of Price Action, and mainly in the form of a Candlestick

    For an Entry for going Long a trade ..... The CLOSE of a Trigger candle , would be a Solid and Tall bodied Green candle OR a Hammer candlestick ( Long lower body )
    And vice versa for a trigger to take a Short entry

    I am by no means a programmer or coder,
    and I really appreciate anyone who can shed some light as to .....
    1. if an Indicator already exists

    2. How hard this would be to code and generate

    3. If there's someone who has had a similar Indicator already coded for them , and a coder/developer they recommend

    Thanks so much,
    I really appreciate any help and insight

    I have attached a few screenshots, showing the Wedge patterns I am hoping to have a strategy developed around

    Thanks much - Michael
    Attached Files

    #2
    Here's 2 more charts , showcasing the Wedge Patterns

    Thank you again
    Attached Files

    Comment


      #3
      And lastly, 2 more
      Attached Files

      Comment


        #4
        Hello mdsvtr,

        Thank you for your post.

        I am not aware of such a strategy, but from the description it does not seem too hard to develop. One of our forum members maybe aware of such a strategy, or be willing to develop it for you. The NinjaTrader Support team however, does not provide programming services.
        Last edited by NinjaTrader_PatrickH; 04-22-2016, 02:17 PM.

        Comment


          #5
          Patrick, Thank you

          Hopefully someone can shed some light on a Wedge type indicator

          Comment


            #6
            This is Jared responding on behalf of the NinjaTrader Ecosystem team.

            The NinjaTrader Ecosystem partners with a number of programming consultants that offer custom coding for the NinjaTrader environment.

            Below is a link to these Certified NinjaScript Consultants. You may hover your mouse over each one for a short description.
            http://ninjatraderecosystem.com/Part...ultants.php#81

            Once you have reviewed these consultants, should you have any questions or desire an introduction please let me know and I will be happy to assist.
            JaredNinjaTrader Ecosystem

            Comment


              #7
              Jared,
              I really appreciate it
              Thanks again

              Comment


                #8
                Has anybody had any luck finding an add on for the 'wedge' style support and resistance trend lines?!

                Comment

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