Tight Body Range
Description
Tight Body Range indicator for NinjaTrader 8 plots a dot when the range of the body of the candle is less than half (<50%) of the range of the bar.
Parameters
Plot Offset (Ticks) - PlotOffset represents the distance between the plotted signal and the high or low point of the bar, measured in ticks. This value can be adjusted to fine-tune the visualization of the signal.
Plots
ValidBar (double) - when the current bar (candle) meets the criteria ValidBar's will have a value, otherwise the value will be 0
Valid (bool) - when the current bar is a valid bar, it will be true, otherwise it will be false