Range Bar Markers

[butch1130]

Hello,

I like to use Range charts and place trades upon the creation of a new Range Bar.
Looking for something that shows where the new Range Bars will form. Helps easily identify places where I will put my Stop-In orders.

Does anyone have something like that?

Similar to a bar timer on a time based chart... this just puts markers on the price scale showing where the new bars will form.

Thanks,

Dave

[NinjaTrader_PaulH]

Hello butch1130,

Thanks for your post.

Please see this indicator in the NT user apps section: https://ninjatraderecosystem.com/use...ker-indicator/ Please note: The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.

[butch1130]

Hi Paul,

Thanks for quick response.
I am using Ninja Trader 8 version..

I only get a message at the bottom with words......... Range remaining = and a number. I can't seem to get any markers on the price scale, or on the chart like the image shows. Any suggetions?

Thanks again.

Dave

[NinjaTrader_PaulH]

Hello Dave,

Thanks for your reply.

The indicator will show in your indicator list as jtRangeMarker8. Is that what you applied?

[butch1130]

Wow! That would help if I put up the right indicator! So sorry. Got it and love it. Thank you.

Hope it is ok to ask another question here.....

Is it possible to take the results of an indicator on a 2 min chart and apply the indicator to a Range chart?
I have a trend following indicator on my 2 min that I would like to also see on the 5 Range. I only want to see the results of the 2 min.

Thanks again.

[NinjaTrader_PaulH]

Hello butch1130,

Thanks for your reply.

There are two approaches.

The first, without creating a custom indicator, is to add a 2 minute data series, hide the data series, apply the indicator and select the hidden data series as the "input series' to the indicator. This will put the output of the indicator, based on 2 minute data, on the range chart. However, when you add a time based series to a non time based series (Range) that chart may not look as you wish because the chart will try to align both series. Here is a short video on the process of adding an indicator based on a hidden data series: https://www.youtube.com/watch?v=XRGx...UEYKym&index=3

The second would be to create a custom indicator that loads its own 2 minute data series and when it plots it would plot based on that 2 minute data series on whatever chart you apply it to. This would not have the same chart altering effect because the indicators data series is not applied to the chart but the indicator is likely to show differently, although at each chart bar it will be correct in value.

To help illustrate I've added a screenshot that, on the left, shows a range chart with a hidden 1 minute series and a 200 period SMA based on the 1 minute series, note how the range bars are spaced unevenly. On the right the chart is only a range chart and I have added a custom script that adds its own 1 minute data series and plots a 200 SMA based on that data, note how the bars are evenly space but the indicator is not as smooth. In both cases the effect can be more extreme depending on the differences between the range bars and the time based bars.

[butch1130]

Can you point me to directions on creating my own custom indicator?

Thanks,
Dave

[NinjaTrader_PaulH]

Hello Dave,

Thanks for your reply.

NinjaScripts are built on C#. While we do not provide programming education services in the Support Department, there are a vast number of educational C# resources external to NinjaTrader and we do have some tutorials and tools that can assist in the learning process.

Many users report that a good way to start before fully learning C# is to go through the NinjaTrader 7 NinjaScript tutorials in the help documentation to get a fundamental grasp on .NET framework and how it is used in NinjaScript. From there I suggest looking at the Code Breaking changes for NinjaTrader 8 to understand the differences between NinjaTrader 7 and NinjaTrader 8.

You can view the tutorials for NinjaTrader 7 here: https://ninjatrader.com/support/help...?tutorials.htm

Although we do not currently provide NinjaScript tutorials like in NinjaTrader 7, we do provide in-depth help documentation on developing NinjaScripts for NinjaTrader 8. We also provide samples and a complete reference of the language. More in depth educational resources can be found elsewhere throughout the internet.

You can find the educational resources here: http://ninjatrader.com/support/helpG..._resources.htm

Once you have a basic understanding of C#, I suggest following the documented Code Breaking changes between NinjaTrader 7 and NinjaTrader 8. This page also gives an overview for NinjaScripts in NinjaTrader 8.

You can find the Code Breaking changes here: http://ninjatrader.com/support/helpG...ng_changes.htm

Other users have wrote in about this information in our support forums here: https://ninjatrader.com/support/foru...d.php?p=488807

Also available are webinars on the NinjaScript editor and the Strategy Builder. The Strategy Builder can be used to generate NinjaScript syntax for NinjaScript strategies. You may wish to create a strategy and clicking View Code after each piece of logic created in the Builder to observe the generated syntax.

Strategy Builder 301: https://www.youtube.com/watch?v=HCyt90GAs9k

NinjaScript Editor 401: https://www.youtube.com/watch?v=K8v_2ONBbqI

You can register for live webinars here: https://ninjatrader.com/PlatformTraining

Our documentation will be your best friend while developing, and the complete supported NinjaScript interface can be referenced here: http://ninjatrader.com/support/helpGuides/nt8/en-us/

The information above is publicly available.

Finally, we also have a vast EcoSystem of NinjaScript Consultants that would be happy to write or modify any NinjaScript at your request. If those services interest you, we can have a representative of our EcoSystem reach out with more information.

[ij001]

Hello butch1130,

Thanks for your post.

Please see this indicator in the NT user apps section: https://ninjatraderecosystem.com/use...ker-indicator/ Please note: The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.

Hi Paul,

Will this indicator work with NinjaTrader's Volumetric bars?

Thanks
Irv

[NinjaTrader_Jim]

Hello Irv,

Paul is out of the office at this time.

The indicator currently does not support Volumetric bars.

As resources allow, we will see if we can add support for those bars as a courtesy enhancement. (We cannot offer any ETA, but we will update this thread after we have been able to spend time on it.)

[ij001]

Hello Irv,

Paul is out of the office at this time.

The indicator currently does not support Volumetric bars.

As resources allow, we will see if we can add support for those bars as a courtesy enhancement. (We cannot offer any ETA, but we will update this thread after we have been able to spend time on it.)

Hi Jim,

Thanks for your reply.

The other thing I was curious about, was having the range marker indicator always show on the chart. That is, not having to manually use the Fixed Scale with my mouse to see the upper or lower values in trending markets.

Would IsAutoScale = true achieve this or what else is needed?

Thx
Irv

[NinjaTrader_PaulH]

Hello ij001,

Thanks for your posts/comments.

I've implemented changes to accommodate Volumetric Range bars and added OnCalculateMinMax() to assist with the autoscaling (It was already set to autoscale but when rendering you have to provide the min/max values for the charts autoscale method to use).

The indicator and changes will be uploaded to the NT User APPs where you can download (when it has actually been installed) The changes are dated 12-27-2021 and it will show as jtRangeMarker8.2 in your indicators list.

[ij001]

Hello ij001,

Thanks for your posts/comments.

I've implemented changes to accommodate Volumetric Range bars and added OnCalculateMinMax() to assist with the autoscaling (It was already set to autoscale but when rendering you have to provide the min/max values for the charts autoscale method to use).

The indicator and changes will be uploaded to the NT User APPs where you can download (when it has actually been installed) The changes are dated 12-27-2021 and it will show as jtRangeMarker8.2 in your indicators list.

Hi Paul,

That is great news, thank you!

I will look for the upload, I do not see it just yet.

Cheers
Irv

[ij001]

Hello ij001,

Thanks for your posts/comments.

I've implemented changes to accommodate Volumetric Range bars and added OnCalculateMinMax() to assist with the autoscaling (It was already set to autoscale but when rendering you have to provide the min/max values for the charts autoscale method to use).

The indicator and changes will be uploaded to the NT User APPs where you can download (when it has actually been installed) The changes are dated 12-27-2021 and it will show as jtRangeMarker8.2 in your indicators list.

Hi Paul,

I loaded the indicator today

Do we need to add a line of code, so we can see the text to the right of the box?

Please see attached.

Thx Irv

[NinjaTrader_PaulH]

Hello Irv,

Thanks for your reply.

No code to add as what you would need to do on the chart is right mouse click and select "Properties".

In the chart properties window, change the "Right side margin" setting to a larger value until you can see the values printed.