I’ve made a couple of enhancements to my quick-and-dirty PnF bars for Ninja. Now, they:
- They are compatible with advanced volume studies like VR4×1 and Volume Splitter
- They show you where price is at every tick. The last version held the bar in its standard PnF shape, no matter where price was. This one lets you see the wicks and the last price, until the next bar forms. Then, the wick goes away and we’re back to normal PnF shape. The best of both worlds!
Here’s a picture with a big arrow pointing to the wick on the bar-in-progress:
… in case you were too lazy to read the bullets, or too stupid to understand them.
Anyway, if you want the new version, here it is: PointNFigure20090806. It is for NT6.5. Do not ask for an NT7 version, please. NT7 is not out yet, and all of my NT7 work goes to the team for now.
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on Monday, August 10th, 2009 at 7:50 am and is filed under Trading.
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Will this work with the Metatrader platform? If not, does anybody know a similar indicator that will work in Metatrader? Thank you.
Daniel, no ninja indicators work on metatrader without being re-coded, and vice versa.
And, ninja is the only platform I’m familiar with that lets you define your own bar types. So, I think you are out of luck.