Average True Range Trend Bars for NinjaTrader
The Average True Range Trend Bars indicator uses Average True Range to define trend and paints bar color according to whether it’s an up or down trend.
The Average True Range Trend Bars indicator uses Average True Range to define trend and paints bar color according to whether it’s an up or down trend.
Indicator Powered Range Bars are similar to standard range bars. However, a user defined underlying indicator is used to calculate the high and low of the bar’s trading range.
Center of Gravity (COG) is based on John F Ehlers’ work with adaptive filters. This trend indicator is nicely smoothed and has essentially zero lag. The smoothing enables clear identification of turning points, and the zero lag aspect means action can be taken early in the move.
Enhanced Trigger Lines is an indicator that plots two lines, one is based on a Linear Regression and the other is an SMA on that Linear Regression. When the two lines cross they change color.
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