Chart Spots
One of my favourite trade setups which is easy to spot. We are using the Initial Balance and Prior Session Highs to spot the setup. I go over what to look for, when to enter, and when to close the trade.
The examples are using the E-Mini S&P 500 (ES)
To add the Initial Balance to your NinjaTrader charts, download the indicator here.
See Gaps & Prior Highs/Lows/Closes on your NinjaTrader charts.
For statistics on the Initial Balance and Prior High/Low/Close tests, check out our Reports.
Kevin is the founder of Chart Spots and has been active in the financial markets since 2016. With a background in IT and business consulting that dates back to 2006, he combines technical expertise with real-world trading experience. Kevin founded ChartSpots in 2017 to provide data-driven tools and insights that empower traders at all levels.
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