Auto Trendline n Horizontal Support and Resistences.Seeking Help from Programmers

[vrathee]

Hi All


I am attaching images of a wonderful tool having Automatic Support and Resistences.

It has got Automatic Horizontal and trendline Support and Resistences.

Red colur lines denotes Resistences and Green lines Denotes Supports.

1. Horizontal Support and Resistences ::
Dotted line : Minor Supports and Resistences
Thick Dotted lines : Intermediate Support and Resistences
Thick lines : Major Support and Resistences

2. Trendline Support and Resisences ::
Dotted trendlines : Minor Supports and Resistences
Thick Trendlines : Major Supports and Resistences


I think this will be a historical tool for Ninja Trader. And i seek help from the Programmers to develop and contribute for the making of this wonderful tool.

Mark my words when this tool gets developed, it will prove to be a historical one.

Regards


Vinkal

[NinjaTrader_Ray]

You can check the NinjaScript File Sharing area for the "Automatic Trend Line Detection" indicator that I wrote some time ago. This might prove to be a great starting point.

[vrathee]

Originally Posted by NinjaTrader_Ray

You can check the NinjaScript File Sharing area for the "Automatic Trend Line Detection" indicator that I wrote some time ago. This might prove to be a great starting point.

Hi Ray

Thanks for the Reply. But this tool is quite different from that of single trendline that you have posted. I need your attention to this tool. Please post your valuable inputs.

I am sure this tool will Rock this forum.

Regards

Vinkal

[vrathee]

I am looking for Help from Elliot Wave and Roonius Again. Roonius is Enjoying his holidays as of now. Hope to get valuable inputs from him as well.

Regards

Vinkal

[NinjaTrader_Dierk]

@vrathee: Please stop spamming unrelated threads to draw attention to your request in this thread. I removed your spam posts on the non-related threads.

[vrathee]

Hi Elliot

Can you please look at the pics? This tool can be quite fruitful. can this be developed?

Regards

[Elliott Wave]

What I would suggest is trying some of the existing indicators that plot support and resistance for the horizontal lines (I'm really liking FibLines at the moment, but I could be biased ), and then using the RegressionChannel indicator to draw the sideways lines. If you increase the period and play around with the width you could could probably get something pretty close or perhaps even better.

[adams29]

Hi Vinkal,

Please let me know when it is programmed perfect for my trading strategy.

Kind reagards from Australia.

Shane