Nr7 And Nr4

This indicator is based off the book Day Trading With Short Term Price Patterns and Opening Range Breakout, written by Tony Crabel.

The indicator gives the user two options to display;

NR7: Current bars range must be the smallest of the last 7 bars.
NR4: Current Bars range must be the smallest of the last 4 bars, and the current bar must be an inside bar.

I would suggest reading Crabels book for guidance on how these can be used.

Written by Alan Palmer.

Created By NinjaTrader_AlanP
NinjaTrader Version 8
File Size 5.0 KB
Create Date(s) 08/28/2017
# of Downloads 520

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