NinjaTrader Box Play Indicator
Posted on September 16th, 2008
Written by Richard
Posted in: N/A (old archives)
This is actually the first ninjatrader indicator I wrote, to figure out how their programming interface would feel. I just remembered that I had the code earlier tonight, and that it was probably sitting somewhere on my hard disk. I found it!
You can see two box plays on this chart (the purple dots on price action outline the boxes, and the blue dots give the price targets). They both work, but the second one has more going for it, in that there is a Patty B signal and slightly better market sync bias at the breakout point.
I haven’t mentioned the box play in a while… if you are new, or don’t recall it, check out this post on the box play, which gives a pdf manual for using it. I know some people in the eotpro family use it with great success. I really like it, but it hasn’t found its way onto any of my charts in a while… hmm…
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© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.