Indicator Powered Point and Figure Bars
NinjaTrader is a great charting platform, but it is sorely missing Point and Figure bars. This innovative indicator takes the best from both worlds.
These Point and Figure bars are calculated based on any one of 11 key indicators.* The Indicator Powered Point & Figure bars help determine momentum or trend direction using the classic point and figure methodology. However, the algorithm is calculated based on indicator price as opposed to the underlying instrument.
*Currently be be used with 11 built in NinjaTrader indicators (RSI, MACD, StochasticD, StochasticK, ROC, CCI, ErgodocOscillator, Fisher Transform, Momentum, PriceOscillator, WilliamsR).



