By applying the Fisher Trasform to the %K, the problems with the stochastic getting stuck near its extremes are eliminated. This indicator is designed for minimal use of CPU resources with COBC false.
This is a work in progress. Considering adding the Inverse Fisher Transform of the %K later. One of the better known guru trading rooms sells this for a high price, referring to it as the "Cyclone" indicator. It is doubtful that their expensive version is coded to run as efficiently as this one.
Maybe I will apply this to the Cumulative Delta.....
you have the option to:
- choose if a sound should be played when uploaded
- if the url to the image on bmcharts should be enclosed by [IMG] [/IMG]
- choose if the caption of the window should be hidden while taking the screenshot.
- choose the shortcut key
- use mouse to start the capture
default shortcut key is ctrl-alt-k
The zip contains source cdoe (must be compiled with visual studio)
and screenshot.dll (i precompiled this for those who doesnt have visual studio) - just put it in the sierrachart data directory and the custom study will be available
Changelog:
November 2 2012: Mouse button mapping as an option and a right-click context menu button
Heres a cool indy I had written a while back. Its just a basic NT stochastics, but it sends email with a screenshot when the stochastics gets to a certin level. Its real picky about window size and will send a black image if its not happy. It might give you a base for something like it added to another indicator. It's great to get alerts to you phone while at the day job. ;-)
This strategy is set up for long entries only and also has certain time variables (trade entries will only occur during these specified time periods) which can be modified or removed altogether.
Sentiment zone oscillator
The sentiment zone oscillator (SZO) is a leading contrary oscillator that measures the extreme emotions of a single market or share. It measures and defines both extremes, bullishness (overoptimism) and bearishness (overpessimism), that could lead to a change in sentiment, eventually changing the trend of the time frame under study.
The SZO was devised on the belief that after several waves of rising prices, investors begin to get bullish on the stock with increasing confidence since the price has been rising for some time. The SZO measures that bullishness/bearishness and marks overbought/oversold levels.
These two strats -- one for long only entries one for short only entries -- allow a trader to, by simply clicking on the button for long entries or button for short entries, immediate initiate a position that will automatically also enter profit target and stop limit orders (which adjust on each tick).
The strats also have a red line for the stop order price and green line for the profit target order price, each that adjust on each tick.
These strats are helpful if you want to manual enter the market at a particular time, based on one or more indicators that guide you, but do so quickly and have your stops and profits automatically programmed. a way to make sound decisions on entries and still have limited human judgment and emotion play a role in exits.
The profit targets and stop order prices, once a trade is open, cannot be adjust like they can if you were using the Ninja chart trader function.
Very useful in fast moving markets too -- quick entries and continued quick move in your directions takes you out for a profit without having to waste time and energy thinking about exit prices.
On this site, someone posted a "Congestion Box For Range Bars" indicator. The attached is a strategy that takes signals based on the congestion box concept, but slightly different in that this strat takes a trade long or short on the bar immediately following the last bar in the congestion box. Currently, the strat is coded so that it runs on currency futures (6A, 6E, etc.) or crude futures (CL). You'd have to adjust the breakeven, stop and profit targets by multiplying by 10, I believe, to run on spot fx.
The strat entry condition is a (crappy, suggest replacing with something more reliable) ParabolicSAR signal. You can replace it with whatever you wish -- the intent here is to provide the "scaling-in" code/architecture.
Here's a link to a video that demonstrates this precise scaling-in strategy.
April 17th, 2014 06:54 AM TickMonster Amazing indicator. Thank you a lot.
June 16th, 2013 05:45 PM nakachalet
December 14th, 2012 07:48 PM Future4 I have only back-tested your strategy so far, and it works best with "Unirenko" like T3R4O3. Thank you for your effort.
November 27th, 2012 12:45 PM brevco
November 27th, 2012 12:37 PM brevco They seem to work with Hybrid Renko also.
On the first try looks as a very precise timing tool - thank you!
November 21st, 2012 04:30 PM soveral Thank you
November 15th, 2012 03:38 PM texastodd Thanks so much for doing this - I'm still lurking around BM's while trying to teach myself how to program in C# and NT o
n this very item! What a perfect example. I'll be trying the Inv Fish also....