Drawing Tools

NinjaTrader 8 provides a comprehensive suite of drawing tools that traders use to annotate charts, perform technical analysis, and plan trades visually. These tools are designed for precision, customization, and ease of use within the charting environment. Nt8Indicators offers you a suite of 


1. Purpose of Drawing Tools

Drawing tools help traders:

  • Mark support/resistance levels

  • Identify patterns and trends

  • Annotate important price levels

  • Set visual trade plans (e.g., entry, stop-loss, targets)

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Anchored VWAP with Deviations

Anchored VWAP (Volume Weighted Average Price) is a technical analysis indicator, presented here as a Ninjatrader 8 Drawing Tool, that calculates the average price of a security, weighted by volume, starting from a specific point (the "anchor") chosen by the trader or analyst. This is different from the standard VWAP, which typically starts at the beginning of the trading day and ends at the close.
$9.90