Tunnel Through Time

Purpose: Displays the price action in a tunnel that visually displays overbought and oversold locations.
Description:
- Plots two levels of significance above and below the price action as the market value ebbs and flows.
- Plots the midpoint value.
- Signals reversals through double tops or double bottoms indicating overbought/oversold conditions.
- Simple to grasp the trajectory and potential for momentum to stabilize, then reverse.
- The Eagle soars, then looking for it’s prey makes a swift and sudden descent.
NinjaTrader Use:
- Displayed as a tunnel above and below the price in the Top panel. Values can be custom fit by the user.
- Customizable parameters according to User’s preferred style (Position, Swing, or Day Trading).
Practical Example:
- On an ES chart for the beginning of October 2025, we see another All time high being established.
- Selected NT8 tools are added to the chart to provide valuable insights.
- In a NinjaTrader subgraph, the chart displays our MOMO Detector, showing the concept of divergence.
- Price reverses at lunch, as weekly traders cover their positions and take profits. (Common Sense).