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Rolling Pivots Indicator for NinjaTrader
Rolling Pivots Indicator for NinjaTrader
Archive : Rolling Pivots Indicator for NinjaTrader
This is the Intraday Pivot calculator we employ in our trading environment to assist us with particular trade settings.
Although we don’t use the R1-2 and S1-2 lines for our trade settings in the trading room, we have altered it so the user may turn on and off all of them if they choose to use them for their personal trading. We configured the Rolling Pivots to update every 30 minutes because we trade off a 1 minute chart. Depending on the time period you like, you might wish to change the update settings to occur more or less frequently.
Watch our indicators at work.
Features: Include in any chart or time window.
Make the pivot time period specific.
Alter line colors and styles
Show R1, R2, S1, S2, and PP.
Disable everything but Turning Point (PP)
On/Off switch from chart
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Rolling Pivots Indicator for NinjaTrader
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