Highly Customizable NinjaTrader 8 Indicator which enables you to know the average daily range and spot related trading opportunities.
Notifications: Visual, Email or Text Message and by your Favorite Sound.
Average daily range on 10 days, 15 days or 20 days... Just type the number of days you want and the related average daily range will be displayed on your chart.
Notifies when the average daily range is reached and there is high probability of reversal trades. You can also get notifications in advance like 10 ticks from the possible high for the day and 15 ticks from the possible low for the day for example. This allows to be alerted in advance to be ready to enter a trade.
The average daily range high and average daily range low are displayed as lines on the chart or other panels: this shows a possible high and low for the day.
The average daily range, yesterday daily range and the current daily range are displayed on the chart or other panels. The percentage of the average daily range reached is displayed. When the average daily range is reached, the text color can change, you can get notified by your favorite sound, email or text message.
Real Time (tick by tick)
The current daily range is updated in real time. You will be notified when the average daily range is reached in real time. You will also be notified in real time and in advance (10 ticks, 15 ticks from the possible high or low for example) when the average daily range is about to be reached.