Daily MGI Overview
The Daily MGI indicator provides levels derived from market activity that took place during current and prior daily sessions.
Indicator Highlights
- Comprehensive list of commonly used daily MGI values including price-based and Orderflow levels such as Value Area and VWAP
- Ability to select between Regular Trading Hours (RTH) and Extended Trading Hours (ETH)
- Range Highlighting and Range Extensions for many values
- RTH and ETH session markers and highlights to visually distinguish session start and end times
- Inline Tooltips on Indicator Properties menu
- Streamlined User Interface that only shows inputs relevant to current selections
- Multiple fully customizable plot styles including regular plots and edge plots
- Enhanced Plots menus allow customization of every aspect of plots including plot names and ability to conveniently turn plots on/off individually
- Highly customizable and easy to use
- Does not require NinjaTrader’s Lifetime license
- Does not require Tick Replay
Information offered by this indicator
- Overnight Range view chart
- Overnight Value Area view chart
- Opening Range view chart
- Initial Balance view chart
- Current Day RTH prices view chart
- Current Day ETH prices view chart
- Current Day RTH Value Area view chart
- Current Day ETH Value Area view chart
- Prior Day RTH prices view chart
- Prior Day ETH prices view chart
- Prior Day RTH Value Area view chart
- Prior Day ETH Value Area view chart
- VWAP view chart
- Half Gap view chart
