Trading Zones With Extension - Video Tutorial
Trading Zones with Extension is a custom-programmed indicator to use on the NinjaTrader 8 platform. This is a leading indicator. It plots the initial balance for the day on the live market. You can choose the start and end time of the initial balance from the settings. At the same time, the extension lines on both sides of the initial balance, which are marked by green and red lines, keep developing. As soon as the initial balance time is up and stops plotting, it will plot the trading zones on both sides of the initial balance zone. After the initial balance plots finished, all these extension lines and trading zones plots do not change. It also plots the initial balance range as well as the live one. If you add this indicator to your chart, you will see the price react on green and red lines (called extension lines), and if the price goes into trading zones, it will give you high probability trading opportunities.
For more information and to use this, please visit: https://rizecap.com/indicator/rctradingzoneswithext-premium-indicator/
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article