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Auto 3 Swing Indicator with toolbar and comprehensive support/resistance identification
**NOTE** The version has been updated. The previous version must be uninstalled before importing.
1.Open Ninjatrader 8
2.Click on TOOLS > REMOVE NINJASCRIPT ASSEMBLY
3.Select ActiveGeoking from the list and process removal
3.Import new ZIP file attached to this listing via TOOLS > IMPORT > NINJASCRIPT ADDON
Hope there are some traders out there that can benefit from this! I spent years perfecting this indicator while trading professionally and am excited to share it with the community.
ActiveGeoking for NT8 leverages its own custom layer built on top of the zig-zag indicator to automatically identify the three most relevant swings of any chart. A feature-rich toolbar allows the user to quickly shift the identified swings to their preference.
The identified swings generate a wide array of technical price points based on Fibonacci retracements and extensions, as well as pivot highs and lows, trendlines and corrective/impulsive measured moves from Elliot wave theory. These price points can be considered areas of higher significance for the trader to consider potential future support and resistance to occur.
For anyone out there who is familiar with Bryce Gilmore’s book “Trading to Win”, this indicator will be recognised as highly aligned with his method of trading. The indicator utilizes an XABCD marking system, also common in other methods of TA.
Inbuilt algorithms detect when price points are invalidated by market movement so as not to display irrelevant price levels wherever possible.
Reporting of price points and swing measurements are all displayed on the screen and can be toggled on and off using the toolbar for all swing degrees and price level types.
The indicator options provide an exhaustive list of configuration options for tolerances and customized ratios for the user’s preference.
**IMPORTANT** Ensure enough bars are loaded onto the chart as this indicator requires a decent amount of history for large degree swings
– 15 years for day charts
– 300 days for 60min
– 30 days for 5 min