Weekly MGI Overview
The Weekly MGI indicator provides levels derived from market activity that took place during current and prior weeks.
Indicator Highlights
- Comprehensive list of commonly used weekly MGI values including price-based and Orderflow levels such as Value Area and VWAP
- Range Highlighting and Range Extensions for many values
- 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
- Weekly Initial Balance view chart
- Current Week Range view chart
- Current Week Value Area view chart
- Prior Week Range view chart
- Prior Week Value Area view chart
- Weekly VWAP view chart
