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Trend Lines Indicator - Referencing Previous Lines

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    Trend Lines Indicator - Referencing Previous Lines

    Hello,

    Not sure if this is possible. Thought I'd ask just to make sure. couldn't find any other resource on this.

    I am building a strategy using the built in NT8 Trend Lines indicator:


    Everything is working great if I only have 1 Trend Line because the calculation will always reference the latest Trend Line formed.
    There are scenarios where I might want to look at at least 2 Trend Lines. I see there is an option to show multiple Trend Lines and that works fine for a visual.

    My question is how do I reference the previous drawn line that are still on going and get the calculations from these once a newer line has been formed?

    Thank you in advance!
    TradeSaber Inc.NinjaTrader Ecosystem Vendor - TradeSaber Inc.

    #2
    Hello TradeSaber,

    The TrendLines indicator is based on the Swing indicator and only uses the most recent swing instance. If you wanted to support multiple instances you would have to essentially replicate the calculation it does to include the second instance of the swing indicator. The TrendLines plots a calculated value based on the StartPrice as a price so other indicators can access it but it does not plot the rays that you see on the chart and their overall trajectory.

    Comment


      #3
      Hi Jesse,

      That makes sense. Thank you very much for the reply. Appreciate your time!
      TradeSaber Inc.NinjaTrader Ecosystem Vendor - TradeSaber Inc.

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