NOBS MARKET MAKER FLOOR LEVELS

This indicator is made up of three components: Market Maker Support & Resistance Levels, Average Daily Range and Color Coded Sessions. When used together, they can help give the discretionary trader more of an edge by providing them with context for the day ahead. Knowing where the major road blocks are, seeing if there is room left in the ADR and knowing what session you are trading in can make a big difference.

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Market Maker Support and Resistance Levels

  • Current (Lagging) Session High and Low
  • This level features a unique design in that it remains fixed and doesn't 'jump' when price action takes out a new high/low. When you want the level to be moved to the new high/low, simply hit the F5 key.
  • Previous Session High and Low
  • Range High and Low
  • Asian Range High and Low
  • London Range High and Low
  • Previous Close
  • Fair Value
  • Pivot Point
  • Pivot Point Projected Support Levels (S1, S2 and S3)
  • Pivot Point Projected Resistance Levels (R1, R2 and R3)
  • Previous Session Fibonacci Range Extensions

Average Daily Range

  • Shows range for current trading day
  • Show or hide range for yesterday, 3, 5, 10 and 20 day averages
  • Show range in ticks or points
  • Color and position on chart can be customized

Color Coded Sessions

  • Asian Session
  • London Session
  • Pre-Market Session
  • Initial Balance Session
  • Morning Session
  • All sessions pre-set to EST and can be changed to work with other timezones
  • Name of session, color and opacity for session are fully customizable

Platforms

  • Ready to use out of the box for Ninja Trader 8
  • Works with free Ninja Trader (lifetime licence not required)

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