Horizontal Lines Indicator For NinjaTrader 8

The indicator allows you to draw horizontal lines on the chart with the same specified distance between the lines, you can specify how to draw from the bottom price up to and vice versa. In the settings, you can set the line style (color, thickness, drawing style). The number of drawing lines is not limited. The first thing you need is to specify the price of the first point, then the number of lines and the distance between the lines, and by clicking ok, you will see how beautifully the lines are built on the chart.

To the note

All autostrategies have been developed and tested on history and have not been applied in real trading. This is first of all an idea, a good training example. You can change or modify the script to meet your requirements.

Installation instructions

In the NinjaTrader 8 trading terminal, using standard functions, we import the purchased archive HorizontalLines.zip through the tools to import the addon. Next, in the chart window, click on the indicator icon, select our indicator from the list, set the parameters and click ok.

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.