The indicator is based on the book by John Carter
“Mastering the Trade” (Chapter 11) and shows the “squeeze of the market”. The screenshot provides the following information:
It is necessary to enter when the color of the circles at the horizontal level "0" changes from blue to white and vice versa.
The direction of entry is determined by the histogram showing the beginning and end of the "squeeze".
Light green - we enter long. Dark green is the end of "compression". Red is the entrance to the short. Dark red is the end of the "squeeze".
| Created By | Andrei60 |
| NinjaTrader Version | 8 |
| File Size | 13.0 KB |
| Create Date | 02/01/2021 |
| # of Downloads | 9727 |
Importing to NinjaTrader 8 is Easy!
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- Download the app or add-on file to your desktop
- From the NinjaTrader Control Center window, select the menu Tools > Import > NinjaScript Add-On…
- Select the downloaded file from your desktop
Questions?
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