This is a simple version of the Better Volume Indicator from https://www.emini-watch.com/. It is not based on the later versions but the original version and identifies the following events
Breakout or Climax Bars: A breakout or climax bar is a bar with the highest value for the product of volume and range within the lookback period.
Churn Bars: A churn bar is a bar with the highest value for the volume per range within the lookback period.
Climax Churn Bars: A climax churn bar is a high volume bar that qualifies as both climax and churn bar.
Low Volume Bars: A low volume bar is a bar that has the lowest volume within the lookback period.
The indicator uses two lookback periods. The larger lookback period identifies stronger climax and churn bars, the smaller lookback period points to weaker climax and churn bars and is used to identify low volume bars.
Sound Files: The sound files are user selectable. You first need to copy your sound files to the directory C:\Program Files\Ninjatrader 7 \sounds. You can then select these files via the indicator dialogue box. Make sure that your sound files are compatible with NinjaTrader. NinjaTrader 7 does not support wav\MPEG, you need to convert it to wav\PCM first with an audio recorder.
Version 1.1, April 22, 2011: Bug fixed, low volume bars were not shown correctly.
Version 1.2, January 22, 2012: Paint bar option added. Overlay version showing paint bars only is included. Values for different bar types are exposed as IntSeries
Version 1.3, September 27, 2012: Code efficiency improved, following suggestions by @Zondor.
Version 1.4. December 28, 2012: Bug removed, sound alert for low volume alert was triggered for all bars with setting COBC = false.
Version 1.5. February 10, 2015: Bug removed, paintbar opacity was not applied for low volume upclose bars with setting COBC = false.
This indicators allows you to enter user defined values, display them as horizontal lines and trigger alerts within a zone of several ticks or units around these lines.
The indicator will automatically show up on the price panel. It can display up to 10 different alert lines. Each of the lines can be activated individually via the indicator dialogue box.
Sound alerts: When sounds are enabled, the indicator will generate sound alerts when one of the lines is approached. Sound files can be selected individually for each of the 10 alert lines.
E-mail alerts: When e-mails are enabled, the indicator will generate e-mail alerts when one of the lines is approached. For the e-mail feature you need to enter the sending and the destination e-mail via indicator dialogue box, and NinjaTrader should be enabled for sending e-mails under Tools -> Options -> Misc
Enabling lines: First enter an alert level and a label, then activate the line. Each line can be activated individually.
Trigger options: Cross_Above, Cross_Below & Cross_Above_Or_Below.
Offset in ticks: Allows to trigger an alert prior to the crossing of the line.
Rearm time: Can be set to avoid permanent triggering of alerts.
Line Alerts On Indicator:
The indicator can be used on other indicators and triggers an alert when the indicator value approaches the alert level. The referenced indicator should be used as the input series, and anaLineAlertsOnIndicator should be applied to the appropriate indicator panel manually.
Sound alerts: When sounds are enabled, the indicator will generate sound alerts when one of the lines is approached. Sound files can be selected individually for each of the 10 alert lines.
E-mail alerts: When e-mails are enabled, the indicator will generate e-mail alerts when one of the lines is approached. For the e-mail feature you need to enter the sending and the destination e-mail via indicator dialogue box, and NinjaTrader should be enabled for sending e-mails under Tools -> Options -> Misc
Enabling lines: First enter an alert level and a label, then activate the line. Each line can be activated individually.
Trigger options: Cross_Above, Cross_Below, Cross_Above_Or_Below, Larger_Than, Smaller_Than. The last two options should be used with histogram indicators such as volume.
Offset value: Allows to trigger an alert prior to the crossing of the line. The offset amount refers to the indicator scale.
Rearm time: Can be set to avoid permanent triggering of alerts.
Update July 28, 2011: Value 0 will be no longer displayed, if no values are entered for the second line. Number of lines reduced to 10. This is no restriction, as the indicator can be applied several times.
Update July 29, 2011: As lots of users tried to apply the lines to other indicators, I have added a version adapted for use with indicators.
Update August 3, 2011: Alert logic modified. Alert will fire when line is touched (offset = 0), or when a value is printed within the alert range (offset > 0).
Update December 7, 2011: A different sound file can now be selected for each of the lines. The user interface is improved.
Update September 20, 2012: For LineAlertsOnPrice option added to differentiate between Cross_Above and Cross_Below, for LineAlertsOnIndicator further option added for histograms, that is Larger_Than or Smaller_Than, new option added for e-mail alerts.
Update March 21, 2014: Small bug removed, indicator occasionally threw exceptions.
Update April 20, 2014: Values for price labels are now correctly display for interest futures in '16 / '32.
Update July 19, 2014: LineAlertsOnIndicator did not display all lines, when some of the alerts were disabled. Bug removed. LineAlertsOnPrice was not affected.
May 17th, 2013
Size: 148.37 KB
Downloaded: 5310 times
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devdas
Exported using NT version 7.0.1000.27
This is a generalized version of the Keltner Channels with a few options added:
- The midband can be selected from a moving median, a moving mode or 27 different moving averages, all of which are calculated from the typical price.
- Midband and channels can be smoothed.
- The smoothing period for the range or the true range can be different from the period for the moving average.
- The indicator has an option to display the channels or the midband individually.
- All plots can be colored according to their slope, or alternatively all plots can be colored according to the slope of the midband.
- The slope color includes a neutral slope, which can be adjusted via a threshold.
- The area between the Keltner Channels can be shaded according to the slope of the midband.
- The trend derived from the midband slope can be displayed via paint bars.
Update July 3 2012: Midband can now be selected from a moving median, a moving mode or 27 different moving averages. Adjustable neutral zone added. Bands can be colored according to their own slope or slope of midband, midband and channels can be displayed individually.
Update July 5, 2012: Bug removed - Butterworth, Gauss and Supersmoother Fillter did not use the specified period.
Update August 20, 2012: Old version pf ADXVMA replaced with new version.
Update August 25, 2012: Paint bars added.
Update August 31, 2012: Ehlers Filter updated.
Update October 4, 2012: Ehlers and Gauss filters updated, moving mode removed. Channel and paintbar colors will now align, when indicator is displaced.
Update January 14, 2012: Second indicator added, which calculates upper band from high average and lower band from low average. Bug removed, which caused erroneous results when Butterworth, Gauss or Supersmoother options were used for calculating the average range or true range.
Update August 7, 2013: Tillson T3 added.
Update October 10, 2014: When paintbars were selected without showing the midband, occasionally some bars were set to transparent. Bug removed.
Update March 19, 2015: Slope trend exposed via public IntSeries.
The indicator displays the opening range and the current open of the RTH session.
You can only use this indicator with an appropriate session template. The opening time will align itself to the start time of the RTH session, as specified via indicator settings. The hybrid setting assumes that you want to use the 3rd intraday session as RTH session for FOREX and currency futures and the second session for all other instruments.
Example ES: Select a session template with the following sessions: Session 1 (night session) 15:30 - 8:30 Central Time, Session 2 (RTH) 8:30 - 15:15 Central Time. Select second session for opening range.
Select length of opening period: The opening period can be selected via indicator dialogue box.
Select Offset: With an offset of 00:00, the indicator aligns to the start of the selected session. If you enter a positive value for the offset, the opening range will be shifted forward from the session start. For example if you open a chart for ES with the session template US CME Index Futures, then the session (and the trading day) starts at 5:00 PM Central Time. To display an opening range for the regular session, you need to enter an offset of 15:30, because the regular session starts 15 hours and 30 minutes after the start of the trading day.
Developing range: Prior to the completion of the opening range, the indicator plots the developing range in gray to show that the range is still incomplete.
Night Session or Pre-Session Range: This is different for each instrument and refers to the electronic session prior to the session selected for the opening range.
European Session Range: You can select start and end time of the European Session in CET (Central European Time). The European Session is pre-configured for the time between 8:00 AM and 1:00 PM CET.
Asian Session Range: You can select start and end time of the Asian Session in TST (Tokyo Standard Time). The Asian Session is pre-configured for the time between 9:00 AM and 3:00 PM TST.
Update Jan 23, 2011: The indicator now plots all developping ranges in gray to show that the range is still unstable. Price markers are correctly formatted for US interest rate futures and FOREX.
Update May 17, 2011: New signature for GetNextBeginEnd() implemented. Backcolor for opening range added.
Update May 24, 2011: Old signature for GetNextBeginEnd() reintroduced within Plot() Override after problems, new signature maintained for OnBarUpdate(). Some minor enhancements added.
Update June 11, 2011: Small bug removed, indicator did not display opening range and pre-session range correctly during the training period (first bars of the chart, after scrolling to the left horizontally).
Update June 21, 2011: The indicator now works with half-pip FOREX feeds. Indicator dialogue box improved.
Update July 25, 2011: Serialization of the plots and indicator dialogue box changed.
Update January 24, 2012: Offset added, opening period no longer needs to be aligned to session start.
Update February 8, 2012: Option added to cut off the opening range at the next session break.
Update February 15, 2012: Bug removed, the cut-off option did not work, when an offset was selected as well.
Update October 6, 2013: Minor bug removed, offset was not applied correctly on tick charts, when indicator was set to COBC = false.
Update October 20, 2013: Drop down property added for European and Asian Time Zone
Update December 8, 2013: Indicator partly recoded and custom plot added.
This is my version of two of the volume patterns from the Better Volume indicator from eminiwatch.com. I only use HVC & LV bars in my trading and these were easy to port. The other volume bars (Climax bars) require upticks & downticks which are available historically with Tradestation but not with Ninjatrader.
HVC bars often mark turning points and are usually the result of professional activity.
LV bars are usually amateur activity and the move may not continue.
I have tested this indicator against the better volume indicator on Tradestation and there is zero difference. If you want the Climax bars I encourage you to purchase the Better Volume for Ninjatrader from eminiwatch.
I also plan to add more volume patterns to this indicator such as "No Demand", "Stopping Volume", etc. If anyone would like to contribute please let me know, I have lots of ideas but little time so I could use the help.
For more information on using this indicator and the volume patterns, please see the thread:
This is my implementation of a Universal Renko bar type. It allows the user to choose when the bar closes in the direction of the previous bar (Trend), and when it closes in the direction against the previous bar (Reversal).
This allows you to tailor the bar to behave specifically how you want it in ways that hopefully may enhance your particular trading style. As an example, if I am a reversal trader, entering on reversal bars, and putting my stop behind the entry bar, I can choose trend and reversal settings that minimize the size of reversal bars, and therefore optimize my stop sizes, etc.
Parameters are:
'Tick Trend' - Number of ticks to close the bar in the Trend direction
'Tick Reversal' - Number of ticks to close the bar in the Reversal direction
'Open Offset' - Number of ticks offset to draw the artificial open
Like most Renko bars, the bar open is artificial, and is placed by default halfway up the previous bar. The open is aesthetic only, it is not used in the bar size calculation. The tails on the bar show real prices. The artificial Open may affect your backtesting depending on the coding of your strategy. Internally uses NT PeriodType.Custom5
V2:
To support Muti TimeFrame indicators/strategies using the Add() method, added an alternative way to specify all bar specs in the 'Tick Trend' parameter. You can now alternatively specify each parameter as 3 digits in the Data Series window 'Tick Trend' parameter or Add() method 'Period' parameter. For example to specify TickTrend=4 , TickReversal=8, OpenOffset=2 or (T4R8O2) then specify: 'Tick Trend'=004008002 in Data Series window, or Add(PeriodType.custom5, 004008002);' in your MTF code. The normal way of specifying the parameters will continue to work as well.
This is an enhancement of SMI4 (which was an enhancement / combination of the SMI2 and Cory's SMI2) which added a price bar coloring option, a background coloring option, an option to draw a vertical line on the price panel when trend changes and an option to play a sound upon the formation of a new price bar).
Cory contributed code to color the region between +20 / -20 which indicates a possible chop zone.
The background coloring differs from SMI4, which painted the background based on whether the SMIEMA was above or below the zero line.
This version changes the background color when the SMIUP / SMIDOWN dots rise or fall above the SMIEMA line, indicating a possible change in price direction, for potential earlier entry into the move.
Examples of how I use this indicator can be found in the WizardsDen (HolyGrail II) thread.
March 23, 2010: Update
REPAINTING:
Fixed a "repainting" problem that other members discovered. Cleaned up the code. Changed the text that read "very over bought / very over sold" to "chop zone upper" & "chop zone lower". Removed the ChopFilter function, as it added nothing to help in keeping you out of chop.
ADDED TEXT ALERTS:
"POSSIBLE CHOP" when SMI dot enters the +20 / -20 zone
"LONG BREAKOUT" when SMI dot exits above the +20 zone
"SHORT BREAKOUT" when SMI dot exits below the -20 zone
(Re-uploaded March 23, 2010, 7:29 pm CST. Original post did not contain the .zip file, just the .jpg file)
May 17th UPDATE:
This fix addresses several problems that were discovered.
Mindset contributed code to color the bars hollow when price is rising & solid when price is falling eDanny contributed code to remove errant arrows, vertical lines, text messages and also code to clean up the conditions when the warning sounds play.
The arrow code has been changed to (offset*ticksize) so that when you use it on currencies, you shouldn't have to adjust the OFFSET parameter in order to get the arrows to show. They should show automatically now.
I changed it so that it colors the arrows to whatever color you set in the VERTICAL LINE UP/DOWN option. That way, you can have Red/Blue price bars & Magenta / Lime arrows (they are a little easier to spot, I think, when they're not the same color as the price bars).
March 23rd, 2010
Size: 11.30 KB
Downloaded: 4706 times
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TheWizard
This indicator draws horizontal Support/Resistance lines at various price levels, above and below the market, where price historically created swing High/Low pivots multiple times, creating support and resistance as price action bounced off of those levels.
July 17th, 2016 12:46 AM 1973Hog I want to show the 5 min OR for the Regular session US (08.30 CT start), but when I input the 15:30 Offset the OR disapp
ears entirely.
It is most likely something I am doing wrong, but I cannot figure out what. Any suggestions would be most gratefully app
reciated.
December 9th, 2013 11:56 PM john2000 THANK YOU!
December 7th, 2013 05:13 AM GILAZ THANK YOU
November 20th, 2013 12:43 PM MSE1 Another amazing comprehensive tool from FT. Thanks so much.
November 6th, 2013 10:29 AM SodyTexas Great Work, thank you for sharing!
May 15th, 2020 11:44 AM tracer888 Is there an NT8 version of this por favor?
July 16th, 2017 11:46 AM delta9100 great job
July 17th, 2015 06:38 PM ShaunG Thanks FT. I was looking for a "Keltner Channel indicator where I can set a EMA midband. The std NinjaTrader7 Keltner Ch
annel seems to use only a SMA for the midband! Thanks again much appreciated.
July 17th, 2015 12:31 AM Portland
April 2nd, 2015 05:54 AM zungybungy Great indi. Many thx
January 18th, 2017 03:02 PM AABid Thank you for sharing. Your kindness is greatly appreciated. This bar type is the cornerstone of my trading as it help
s me to filter all the noise. I use setting of 1-5-1 for the emini.
August 23rd, 2016 01:59 PM Trading Noob Awesome Renko implementation!
February 26th, 2017 11:05 AM petrukwannabe thank you
February 3rd, 2016 10:11 PM angela d I'm unable to compile this cs in the indicator editor.
June 13th, 2015 02:46 PM mrvtibbs Converted .CS file to zip file and got error message that likely file is corrupt and cant be imported...and cannot find
central directory..any suggestions on how to proceed from here?
Thanks
VSand
August 30th, 2014 10:28 PM landau Nice work. But I don't understand how to import this into Ninja Script since it is not a zip file.
Carl
June 30th, 2014 10:17 PM zohar Best indicator. Indicator has continued this version but this indicator to me most comfortable. What's great about where
that rectangle around which are traded on the bid or ask. It is much more comfortable the second version where there ar
e only traded on the line. It is good when trading fast and want to see side traded my hands.