Horizontal line label

[orenshkol]

Hi,
I want to add a label to a line that shows what's the last time the price touched the line (see attached example), what is the best to draw this value?

Thank you.

[NinjaTrader_PaulH]

Hello orenshkol,

Thanks for your post.

Can you clarify a bit more?

Are you wanting to manually add the time price hit the line?

As an alternative, not quite the same but may be of interest, is the indicator Pricealert indicator (comes with NinjaTrader) that can be added multiple times to a chart and can provide alert(with timestamping) capability. I've created a short video that shows these capabilities. I suspect this may well be an answer for you. http://screencast.com/t/mXoafDVsTLk

[orenshkol]

If you look at the attached file you'll see that I want the number of bars since the last time the price touched the line to show up next to the line. Now I know up to write the logic of how to calculate this value, what I'm interested is how do I draw it on the chart next to the line.

[NinjaTrader_PaulH]

Hello orenshkol,

Thanks for your reply.

You would use the DrawText() method to draw the the text. Here is a link to the helpguide with example: http://ninjatrader.com/support/helpG.../?drawtext.htm

[orenshkol]

Yes, but how do I place on the x-coordinate next to the line in the margin and not on the chart itself?

[NinjaTrader_PaulH]

Hello,

Thanks for your reply.

Although not documented, in NT7, you can use a negative bar number, for example:

if (!Historical)
			{
				DrawText ("test", "31", -2, Close[0], Color.Red);
			}

The example will draw the number 31 2 bars to the right of the current bar, at its close value (when connected to live data). You may need to add to your right side margin to see this.

[orenshkol]

Great, thank you.