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Scalpel Signal_v2
This indicator was designed to provide an entry signal, in either a trending configuration using an EMA filter, or via a countertrend formation (especially in range bound markets) using a higher sensitivity threshold.
There are 4 available parameters which guide output. The WARNING levels, and the SIGNAL thresholds.
Maximum values for WARNING or SIGNAL should not exceed (normally) + or minus 7.
Indicator works best with non-minute bars (tick, range, renko, volume).
When deployed with trend filters, consider using a lower WARNING and SIGNAL sensitivity range to define possible pullback entry areas. If no filter (EMA) is used, watch for punctures of the signal candle high/low for continuation movements.
Category
NinjaTrader 7 Indicators
Details:
Scalpel Signal_v2
Category:
NinjaTrader 7 Indicators
August 27th, 2017
Size: 17.17 KB
Downloaded: 1074 times
Keywords:
and
scalping
stop
trend
reverse
1891
BTTFT Michael
Comments/ratings
romus
August 28th, 2017 12:12 AM
Is BTTF is GOOD!
pacopil
September 4th, 2017 10:38 AM
felicidades por el<indicador
molleti
September 7th, 2017 11:39 PM
No Comment
Shredder
September 26th, 2017 12:31 PM
This indicator expires after a couple weeks and a pop up is shown at every restart that you have to contact BTTFT to purchase.. Waste of time in downloading what is presumed to be a free generously provided indicator
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All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
