Sheriff's HiLo

Hopefully, nobody shoot the Sherif here. This confirmation indicator was released recently in the Metatrader ecosystem, and I thought it would be intereting to develop it for the NinjaTrader Paltform. This indicator has 3 main advantages: - it is a very broad signals for long trend moves (short or long). - it is a simple color based identification. - it has only two settings for quick(er) testing. The default settings for this indicator returned very interesting results. nut tweaking the settings sometimes give spectacular, sometimes ordinary results.
Manufacturer: nt8indicators
SKU: SHL
$9.90
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Coral

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Laguerre

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Marubozu Scanner

Marubozus are an interesting candle pattern wherein the close and open of the candle are also the high / low points of the candle. In other words, a candle with no shadows or wicks. How reliable are they, though? Probably not very reliable on their own. It may also depend on the size of the candle. You would probably want to incorporate this candle pattern with other filters, like RSI , MACD , to filter trade opportunities.
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