Created this indicator to plot the 1 minute NYSE TICK and Advance/Decline on my range bar trading charts. I use it to see high/low TICK thresholds, TICK divergences, and A/D line market strength, used together to predict short term overbought/oversold market reversals. This can tell you when a pullback is imminent, or help trade reversals.
The necessary candles are artificially filled in to preserve the main chart bar spacing, but the high/low thresholds are retained. It also marks the 1 minute high/low TICK thresholds on the chart. The A/D line plot can be toggled on/off using CTL-ALT key stroke.
Note: You must have the NYSE TICK (^TICK) and Advanced Decline (^ADD) symbols defined in your Instrument database.
This is a new implementation of the chandelier stop developed by Charles LeBeau. For a long trade the chandelier stop is calculated by subtracting a multiple of the average true range over the last N bars from the highest high (chandelier) since the inception of the trade. For a short trade the chandelier stop is calculated by adding a multiple of the average true range over the last N bars to the lowest low since the inception of the trade.
Instead of calculating the stop from the highest high and the lowest low, it is also possible to calculate it from the highest close and the lowest close.
The indicator version presented here uses the average true range calculated one bar ago. This is to avoid that the stop moves away when approached by a bar, it further acts against the distortion of the average true range when the indicator is set to COBC = false and reduces CPU load. The concept of using the ATR one bar ago was already introduced with the SuperTrend M11.
UseHighLow: The chandelier stops can be calculated from highest high/lowest low or from highest close/lowest close:
Reverse Intra-bar = false: This is the default setting of the indicator. A logical signal will be generated when the close of the signal bar has taken out the stop line. The position may be reversed at the open of the next bar. The paint bars will only change colors for the bar after the signal bar. The arrow will be also plotted for the entry bar.
Reverse Intra-bar = true: This is an unusual setting for the Chandelier Stop The signal will be generated with the first tick that has plotted on the other side of the stop line. In this case the position may be reversed intra-bar for the signal bar. Paintbars and arrows will already plot for the signal bar.
Accessing the trend: The indicator comes with a BoolSeries that holds the trend. This BoolSeries can be accessed by other indicators or automated strategies.
Paintbars: The indicator has an option to display the current trend via paintbars. Downclose bars are filled, upclose bars are hollow. For the upclose bars an opacity can be selected for better visibility.
Arrows: The indicator has an option to display trend changes via an arrow.
Sound alerts: The indicator will alert to trend reversals and potential trend reversals. A potential trend reversal occurs when price touches the stop line intra-bar prior to the confirmation by a close on the other side of the stop line. The sound files are included with the indicator install file. Please unzip and copy them into the program files (x86)\ NinjaTrader 7\ sounds directory or whatever directory is used by NinjaTrader to store the sound files.
This is a modification to the Renko bar as described in the article Exploring Charting Techniques written by Sylvain Vervoort and published in the July 2014 issue of Stock & Commodities Magazine. This is being made available on BMT because the code is freely provided on Vervoort’s website (see below).
According to the published article (the first 1 of 6), “This modified chart will use the correct opening price for the next bar and will also show wicks.”. He further explains that an upward moving brick can only have a wick at the lower side and conversely for a downward moving brick which would provide a more accurate representation of the price move within the bar. He further explains the problem concerning gaps being filled with virtual bricks and that caution need be exercised.
Part of this article and the complete code (no download so copy/paste must be used) can be found on his website, and the URL is:
In Part 2 of the series he will explain how to use it for trading trends.
After downloading the code it must be copied to folder:
\My Documents\Ninja Trader 7\bin\Custom\Type
and because it is provided as a .cs file it must be compiled (by compiling any other indicator). Once compiled Ninja Trader must be closed and reopened before the new chart type, named “SveRenko”, can be used.
Notes:
1. Correction, there is a Custom 1 Chart Type in use. See comments on right by @aligator (Thank you).
2. This chart type was installed only on Ninja Trader 7.0.1000.22 and limited testing performed.
3. No support for or advice on how best to use this chart type can be provided nor can the full text of the article be provided.
June 19th, 2014
Size: 7.71 KB
Downloaded: 1489 times
1561
Cheech
Exported using NinjaTrader 7.0.1000.8
This is a simple indicator that allows to display larger timeframe boxes on any chart. For example you can display 30 min or 60 min boxes on a 5 min chart.
The larger timeframe boxes are plotted behind the standard candles of the chart and are aligned to session times. Colors and opacity of the boxes and the box outline color can be selected.
The indicator has been tested to work on fixed period (minute), tick, range, Kagi, Renko and rangeNoGap charts. Due to its session logic in cannot be used on daily data.
Drawing boxes around candles is a standard feature of NinjaTrader. However, if your primary chart is built from ticks, adding boxes will cause NinjaTrader to switch to non-equidistant bar spacing.
This indicator basically allows you to draw those boxes without suffering from unevenly spaced bars. However, it is not a genuine multi-timeframe indicator which loads a secondary bar series. The boxes just regroup N candles as selected via indicator panel.
A) Session Countdown Clock - This will create a countdown clock on the toolbar for each main trading centre around the world - Sydney, Tokyo, London & NYC.
If the clock is coloured red then the session is currently closed and the clock will countdown to session open. When session opens, the clock becomes coloured in green and the clock will countdown to session close. The opening and closing times for all the session are user-editable via the Indicator properties window. The open and close times are local to each city. I use the following
Sydney 8am-4pm
Tokyo 9am-6pm
London 8am-5pm
NYC 8am-5pm
Feel free to change them via the indicator properties.
Note*: Since I have been asked this question a few times. The indicator will automagically adjust to whichever timezone you are in. So out of the box the indicator has New York set to 8am open. If you want to change it to 9am open simply set the "New York Open Hour" to 9 in the indicator properties. You don't have to do the mental gymnastics to figure out what 9am NY is in your local timezone.
B) Session Range - If you click on any of the city names in the session clock (ie Sydney) then it will draw a box on the chart around the session range for that city. The box will show session high/low and open/close bar. Click on the city name again to remove the range box.
In the screenshot I have have Sydney, Tokyo and New York session ranges showing. The colour for each session range can be user-defined via the Indicator properties.
Note*: The session range functionality will only work in time-based charts. It doesn't work in other chart types (ie range, renko, pnf etc) at the present. Coming in version 3
Any questions please PM me, don't post How-to or Troubleshooting questions in the comments.
March 12th, 2012
Size: 5.76 KB
Downloaded: 1473 times
1151
Traderji
Exported using NT Version 7.0.1000.22
This is a trailing stop calculated from the prior 3 bars. It is similar to the trailing stop developed by Larry Williams, but not identical. The indicator plots a channel with an upper and lower stopline. When price reaches out beyond the upper channel line, all short positions should be exited. When price breaks through the lower channel line, that is a signal for exiting long positions.
Formula: The upper channel line is calculated as the larger of the prior bar's high + 1 tick and the upper line of a 2-period Keltner Channel displaced by 2 bars. The lower channel is calculated as the smaller of the prior bar's low - 1 tick and the lower line of a 2-period Keltner Channel displaced by 2 bars. The Keltner Channel is built from the average true range instead of the simple range, which was used for the original Keltner Channel.
Parameters: The midband of the Keltner Channel can be calculated from the typical price (default setting), the close, the median or the weighted price. The multiplier used for calculating the channel width can be selected.
Reverse Intra-bar = false: This is the default setting of the indicator. A logical signal will be generated when the signal bar closes outside the channel. The position may be reversed at the open of the next bar.
Reverse Intra-bar = true: This is a different setting. The signal will be generated with the first tick that has plotted outside the channel. In this case the position may be reversed intra-bar.
Accessing the trend: The indicator comes with a BoolSeries that holds the trend derived from the last channel breakout. The BoolSeries can be accessed by other indicators or automated strategies.
Channel shading: The area between the Keltner Channels can be shaded according to the current trend.
Paintbars: The trend can also be displayed via paint bars.
This indicator helps you define your entry, stop and target (1 or 3) visually on the chart with the help of horizontal lines, calculates your potential P/L ,unrealized P/L,Risk/Reward ratio and contracts sizing per account size.
- Defines your Risk/Reward ratio using 1 or 3 targets
- Save & reload your values,be it minute,daily or weekly chart (one set of values per instrument)
- Interactive Mode: per-tick P/L based on the chosen contracts size
- Interactive Mode-Attached: per tick potential P/L
- Non-Interactive : Contract sizing is based on the defined risk tolerance per account size
- Hide/show the indicator as required & show/hide on start-up
- Extended or short lines
Last updated on April 16 2014 "Major changes"
- Indicator's parameters text description on the top left of the plot reduced
- Potential P/L is calculated based on 1 contract in non-interactive mode
- Enter to targets potential P/L bug fixed
- Visual structure is changed for three-targets mode
- Line width is now adjustable
- Beam pointer added when short lines are used
- Forex price format corrected (6E,6J...)
- Short lines distance from last bar bug fixed
- 1 or 3 target lines
- Choose between Short& Extended lines
- Pixel distance is used now
- Colors are now configurable
- $ sign removed
- Show on start-up option added
- The code was rewritten from 0 almost
March 25th, 2014
Size: 12.02 KB
Downloaded: 1440 times
1538
bassam
Exported using NT Version 7.0.1000.16
This is an indicator adapted from a C# implementation for cTrader. It is a simple linear IIR filter. The indicator is widely available for MetaTrader 4 in Forex fora, but I have not checked the C# version against the original mq4 files.
When price is above the Coral filter, only consider a long position. When price is below the indicator, only consider a short position.
Detailed information on the indicator is available here:
The indicator comes with a trend indication based on the slope of the linear filter. The neutral range can be adjusted via the threshold parameter. The trend can be displayed via paintbars. The trend state is exposed via an IntSeries() and be directly called from a strategy.
This is the QQE (Quantitative Qualitative Estimation) indicator. The origin of this indicator is unclear, it is a mystery indicator derived from Welles Wilder's RSI.
The main plot of the QQE is a smoothed RSI. The indicator then measures the amount of the absolute change between two consecutive values of the smoothed RSI. The absolute changes are then double-smoothed exponentially. The double smoothed value is then multiplied by two user defined multipliers. The result is then used to calculate a fast and a slow trigger line.
Entry and exit signals: Watch out for crosses of the smoothed RSI and one of the trigger lines.
Trend Filter: When the smoothed RSI is above or below the midline (50), this is an indication for an uptrend or downtrend.
Divergences: The main plot of the indicator is a smoothed RSI and can be used to detect divergences between momentum and price.
The attached version of the QQE is entirely recoded, as the QQE which is currently available for NinjaTrader had a few shortcomings. In particular, this indicator uses fewer DataSeries objects, creates instances of the RSI and EMA in OnStartUp(), has a second trigger line added, allows to select the multipliers for the trigger lines and also allows to set the momentum smoothing period independently from the RSI period. Usually for the momentum smoothing period the value 2*RSI_period - 1 is used.
This is a news indicator for NT7. It provides news from forexfactory.com to your chart. It is not mine, I downloaded it from tradingstudies.com (free indies in the download part of website). I don't know if it works on 6.5, but there's no harm in trying. I am NOT a programmer, so cannot offer any assistance. Import as usual.
August 30th, 2011
Size: 21.33 KB
Downloaded: 1429 times
980
taylor
NinjaTrader Ver 7.0.1000.3
//UPDATED INDICATOR: You can now change opacity and color of the three types of boxes.
Just a simple code to show colored boxes when there seems to be tight congestion. The logic was designed for range bar charts but it can work on minute charts. The drawing of the box is delayed by two bars.
The green and red boxes might represent possible supply and demand zones based on simple logic of how prize moved away from the boxes. The coloring is also delayed.
I welcome improvements, changes, ideas, or maybe it's useless. You be the judge.
March 4th, 2011
Size: 6.17 KB
Downloaded: 1415 times
853
jabeztrading
Exported using NT Version 7.0.1000.4
This indicator is no longer maintained. Please download the new Range Analysis indicator, which identifies inside bars, narrow range bars, outside bars, wide range bars and LBR triangles.
This is my personal version of the narrow range and inside range bars, which were first presented by Toby Crabel in his book "Day Trading With Short Term Price Patterns and Opening Range Breakout".
Narrow Range 7 (NR7) Bar: A bar which has a smaller range than the preceding 6 bars. This definition does not include any bars that have a range smaller or equal to the preceding 6 bars.
Inside Range Bar: A bar with a lower or equal high, a higher or equal low and a smaller range than the preceding bar.
Inside Range 4 (IR4) Bar: An Inside Range Bar which qualifies as weak Narrow Range 4 Bar. Only for the purpose of qualifying Inside Range Bars, I use a weaker definition for Narrow Range Bar, which includes the bars that have a range smaller or equal to the preceding 3 bars, as opposed to the definition given above.
Inside Range 7 (IR7) Bar: A bar which is both a Narrow Range 7 and an Inside Bar.
The lookback periods for the Narrow Range and Inside Range Bars can be selected by the user. The default values are 7 and 4 and include the current bar.
Sound File: The sound file is user selectable. You first need to copy your sound file to the directory C:\Program Files\Ninjatrader 7 \sounds. You can then select the file via the indicator dialogue box. Make sure that your sound file is compatible with NinjaTrader. NinjaTrader 7 does not support wav\MPEG, you need to convert it to wav\PCM first with an audio recorder.
This is a collection of various filters by John Ehlers outlined in his excellent books "Rocket Science for Traders" and "Cybernet Analysis for Stocks and Futures"
April 11th, 2012
Size: 8.87 KB
Downloaded: 1408 times
1174
Adamus
This indicator plots the maximum high or minimum low of a forming Range Bar. The plots disappear as soon as a new bar forms or the current bar has filled its required range.
Nov 5th: have fixed coding problem so that it will no longer function when you change to other chart formats. Right now is good for Range Bar and RangeAlt. If someone tells me the coding for the RangeNoGap I can add that in.
This is a realtime indicator that measures money flow by the individual tick. Not related to NYSE TICK. It does a decent job of showing which swings are real moves with volume behind them and which are just retracements.
Plots a non cumulative histogram of Gom delta volume.
The earlier version of this indicator has been downloaded over 1800 times, but it is outdated and incorrect. I URGE YOU to use this one instead!
Provided as a cs file, because my versions of the GomCD and GomRecorder are non-standard, so I don't want to put them into an installation package that might cause you to have problems.
I uploaded a revised version at around 10PM PT on Sunday January 8. The indicator was missing a lot of volume between the bid and ask, requiring the use of the "direction" from Gomi's hybrid delta calculation mode as the tiebreaker. Anyone who downloaded the earlier version should replace it with this one.
Thank you to Silvester17 for pointing out the problem. And, as usual, to Gomi.
January 8th, 2012
Size: 11.41 KB
Downloaded: 1395 times
1086
Zondor
Requested by VIP user.
Same SMI2 but this one won't repaint if you use a plot other than Line. If you use line, it will repaint 1 bar back to connect plots (like normal). But if you use something else, like a dot, it won't repaint.
Mike
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
I wanted to share with you an indicator I've developed putting together Laguerre RSI, Laguerre Filter and TrendStrengthA indicators.
I've tried to isolate zones that are favorable for longs and other for shorts. Where you see transparent zone I've noticed that those are useful adding to a position or eventual reverse.
I've tried it on range, but also a minute charts and they seems to work on both.
Indicator was developed for forex. Maybe it will work well on other securities.
Hope that you'll find it useful. Any comments would be highly appreciated.
Exported using NT7 b18 but should be working on 6.5 too.
This is a modification of the Swings indicator in NT7. The standard indicator does not extend the lines all the way to the right while this one does.
No one else had written this, so this is my attempt.
This indicator places ray lines at the swing highs and lows and removes them once the lines are violated. If you wish to show the violated swing points, there is an option to replace the rays with short lines.
There is also an option to sound an audio alert when each price line is broken.
This indicator uses some enhancements in NT7 to read the data directly from the drawn objects which are not supported in NT6.5.
November 10th, 2010
Size: 3.66 KB
Downloaded: 1353 times
721
Marqui
Exported using NT Version 7.0.1000.9
Bar Time Indicator:
This indicator measures completion of a bar in seconds and colors a historhram based on how long it takes for the bar to complete. Red <= 10s, Cyan<=20, Blue<=30s, Orange=45s, Magenta<=60, and Black >60s. These numbers can be changed to one's liking.
Short time-bars mean a fluid market participation and movement, while tall or black bars mean a grinding and stagnating market, it is like watching grass grow (in relative terms) and time for a coffee or lunch break.
The indicator will work for any type of price bars except for real time bars (minute, hour, Day, etc.). But, it is best for short term and day trading with tick, volume, etc. bars. The indicator also draws a 60-Second horizontal line and a 9-period SMA of the time. High reading of the SMA gives a visual if the market is getting lazy. Best and less stressful is to trade when bars are short and colorful.
This indicator is intended for True Elite BMT Members, please use but do not steal to sell.
This is a variant of the default CurrentDayOHL Indicator that adds optional audio alerts for new intraday highs and lows, and exposes a DataSeries called NewHiLo that can be used for other purposes such as conditional cell formatting in Market Analyzer. DataSeries NewHiLo will be equal to +1 for a trade at the session high, -1 for a trade at the session low, and 0 at other times. It can use Ninja Trader's Session Templates or Daily High/Low data from your data provider. DataSeries BA returns +1 of the last trade was at the Ask, -1 if it hit the Bid, and 0 for otherwise. Note the audio files in use, and change them as required for your installation.
May 24th, 2011
Size: 4.48 KB
Downloaded: 1336 times
911
MXASJ
Exported using NT Version 7.0.1000.1
This is an improved version of the momentum indicator.
The n-period momentum is the difference between the close of the last bar and the close n bars ago. When a large bar n periods ago drops out of the momentum calculation, this can create a significant distortion, as it will show as a change in momentum, even if there was no or little price change for the last bar.
To eliminate this problem, the input value n bars ago was replaced with the triangular moving average SMA(SMA(Input, n+1), n+1)[0]. This modification does not change the usability of the momentum indicator, but simply eliminates the distortion.
The indicator can be used to display the opening hours of the Tokyo, London and New York FOREX markets. For each of the three FOREX markets a different background color can be selected. For the overlapping hours the background colors are blended.
Below are listed the default settings for the opening hours, which are user selectable. Please keep in mind that you have to use the appropriate time zones, when entering the opening hours.
Tokyo: 9:00 AM - 5:00 PM TST (Tokyo Standard Time)
London: 7:00 AM - 4:30 PM GMT (Greenwich Standard Time) or BST (British Summertime, from March to October)
New York: 8:00 AM - 5:00 PM EST (US Eastern Standard Time) or EDT (Eastern Daylight Time, from March to November)
There is no daylight saving time in Japan. Therefore the Tokyo/London overlap is about two hours in summer, but only one hour in winter. The London/New York overlap is typically three and a half hours. However, London and New York observe different daylight saving schedules. During the last two weeks of March and during the first week of November, New York is on summertime while London is on standard time. During these three weeks the overlap is increased to four and a half hours.
The indicator handles the conversion of the trading hours of the three major FOREX markets automatically.
Update September 1, 2013 : Bug removed, indicator did not work correctly on charts built from tick data.
Update December 5, 2014: Option added to change color and opacity for off-session times.
Update April 22, 2015: Code simplified.
Moving averages are widely used as tools in technical analysis. They come in all variations and colors. The simple moving average can be considered as a moving mean of the close values of a series of price data. Many other indicators are weighted moving averages, which are also applied to the close values.
However, there are other measures for statistical distributions, which are usually neglected. This includes the median and the mode.
Also most moving averages are only calculated from the close values, where as open, high and low are neglected. Why ignore information which is already contained in the price data?
This package includes a TPO mean, a TPO median, a TPO mode (calculated from high and low points of price) and a VWTPO mean, a VWTPO median and a VWTPO mode (calculated from both price and volume data). TPO and VWTPO indicators do not use the open value and the close value, but both assume that the volume is evenly distributed over the range of a price bar. Although this information is mostly incorrect, it is still a better approach when compared to the traditional solution of calculating indicators exclusively from the close values.
Here is a description of the six indicators:
Moving Mean (TPO):
This indicator can be considered as a range weighted moving average that uses the bar center (high + low)/2 as input series. Usually wide range bars have a higher volume than narrow range bars. This makes sense giving them a higher weight. When a breakout occurs, the MovingMean (TPO) will adapt faster than a traditional SMA. Compared to a SMA the lag is reduced when volatility increases, but it is lagging more when volatility decreases.
Moving Mean (VWTPO):
This indicator is identical to the VWMA, when the bar center (high + low)/2 is used as input series. It is pretty similar to the TPO mean, but uses real volume instead of approximating it via the range. The properties of this indicator are similar to the TPO mean, but it should be slightly more accurate.
Moving Median (TPO):
A statistical median calculated from all data points of all bars contained within the lookback period. Compared to a standard median calculated from the closes (also see here: https://nexusfi.com/download/ninjatrader-7/indicators/829-download.html?view ), it should give a better approximation of the statistical median of the entire price volume distribution. The median is the most stable of the three statistical measures and probably the most representative as well.
Moving Median (VWTPO):
This indicator is similar to the TPO median, but should give an even better approximation of the the statistical median of the price volume distribution.
Moving Mode (TPO):
The indicator shows the price with the highest occurence over the lookback period of the indicator. As the price volume distribution of the single price bars over the lookback period is unknown, there can be a significant error in any estimation. Unlike the median, the mode is not self-correcting in a way that errors cancel out. It should therefore be used with prudence. However, this indicator will still yield far better results than the Pearson formula, which should only be applied to unimodal distributions.
Moving Mode (VWTPO):
The indicator shows a better accuracy than the TPO mode, but still suffers from its inherent instability.
merIDLevelsV1 indicator:
I primary use this indicator during my trading to find good levels of entry during my intraday trading of the YM! You can find my journal here : https://nexusfi.com/trading-journals/30483-mergodon-topsteptrader-combine-journal.html and see a lots of good and bad example to use it Please be advice the paramaters and settings are mainly focusod on YM. I do not know are this levels stand or not stand for any other indexies, commodities etc, but with a proper configuration you can very easly find it out.
Configuration:
- The indicator is quite simple to use. You have to load the default session template 24/7 and based on that timezone you have to setup the regural session start and regural session end time.
- Also you can setup the initial balance period, and the globex session extension level for bigger moves on the market
Hints:
- The levels are calculated from session start (not counting the market closing moves only in case of the Yesterday close time)
- The indicator doesnt calculate perfect timeing on tickchart, just getting the closest closing value. There is no addon for Multiple Time Frame things (Not like Fat Tails advanced indicator, where you have the possibility for exact time calculation). The methadology behind is not to use this levels as signals, more like use this levels to search change in the market conditions
- The indicator was tested on tick chart, if you find any bug please dont hesitate to pm me, I wil do my best to fix the issue
- If you have any other question you can find me in my journal
Change log:
- The old version of this indicator (merTickBasic) was completly rewritten following Fat Tails best pratices, and codebase, and configured it to my taste and use.
- The drawing is using custom plot logic (based on Fat Tails codes, thank you for that!) meaning it should be flawless, and very-very quick
The indicator displays the Time Weighted Average Price of the selected session. It can be used on all types of charts.
You can apply the indicators to charts with several intraday sessions. You can then select via indicator panel, for which session theTWAP shall be shown.
Use with time-based charts: On minute and second chart, it will use an equal weight for all bars to calculate the average price of the selected session.
Use with tick based charts: On tick based charts it will apply a weight to each bar, which is the smaller of (timestamp of current bar - timestamp of previous bar) and (timestamp of current bar - session start time). There is one specific case, where this may cause a problem. The technical break of CME index futures from 3:15 PM to 3:30 PM CT is not taken into account by the session template, if an ETH session is used. In this case the first bar after the break will be overweighted. To avoid that problem use the default setting for the technical break for Globex index futures, which will eliminate the impact of the technical break.
ETH session: The TWAP will be calculated for the full session, if ETH is selected via indicator dialogue.
RTH session: It is possible to display the TWAP for the RTH session or the night session. Set indicator to RTH and select the number of the session, for example "First" for the night session and "Second" for the RTH session.
Volatility Bands: The indicators has three different modes to calculate volatility bands. For each of the modes multipliers can be selected.
Variance_Price: The variance is calculated from the selected input values of the price bars and the last known value for the VWAP within the current session. This way of calculating the bands is similar to calculating Bollinger Bands with a variable period starting with the first bar of the session.
Variance_Distance: The variance is calculated from the selected input values of the price bars and the value for the VWAP corresponding to price. It is a variance of the vertical distance of price from VWAP. This method corrects for a trend and produces slightly narrower bands on a trending day.
Session_Range: The quarter range of the current session is used as a measure of volatility instead of the standard deviation.
Public Holidays: For Globex instruments the indicator will display the ETH TWAP for the two-day-session including a public holiday. The indicator is preconfigured for the Globex holiday calendar.
Colors: Different colors can be selected for rising and falling TWAP. Also colors and opacities can be selected for the areas between the inner bands, middle bands and outer bands.
Update March 30, 2013: Algorithm improved for both speed and accuracy. VWAP start time can be selected.
Update April 11, 2013: Plot modified for compatibility with charts built from multiple bar series.
Update May 10, 2013: Bug removed, which led to occasional false identification of the RTH session on charts built from ticks.
Update December 9, 2013: Holiday calendar added for 2014.
Update December 28, 2014: Holiday calendar added for 2015. Price markers improved for US interest rate futures.
The indicator displays the Volume Weighted Average Price of the selected session. It can be used on all types of charts.
You can apply the indicators to charts with several intraday sessions. You can then select via indicator panel, for which session the VWAP shall be shown.
ETH session: The VWAP will be calculated for the full session, if ETH is selected via indicator dialogue.
RTH session: It is possible to display the VWAP for the RTH session or the night session. Set indicator to RTH and select the number of the session, for example "First" for the night session and "Second" for the RTH session.
Volatility Bands: The indicators has three different modes to calculate volatility bands. For each of the modes multipliers can be selected.
Variance_Price: The variance is calculated from the selected input values of the price bars and the last known value for the VWAP within the current session. This way of calculating the bands is similar to calculating Bollinger Bands with a variable period starting with the first bar of the session.
Variance_Distance: The variance is calculated from the selected input values of the price bars and the value for the VWAP corresponding to price. It is a variance of the vertical distance of price from VWAP. This method corrects for a trend and produces slightly narrower bands on a trending day.
Session_Range: The quarter range of the current session is used as a measure of volatility instead of the standard deviation.
Colors: Different colors can be selected for rising and falling VWAP. Also colors and opacities can be selected for the areas between the inner bands, middle bands and outer bands.
Update January 03, 2015: Bug removed. Indicator did not work with setting "Monthly".
The indicator allows to display the Double Smoothed Stochastics - see Stocks & Commodities, January 1991. The Double Smoothed Stochastics as introduced by William Blau should not be confused with the better known Double Smoothed Stochastics (DSS) indicator by Walter Bressert.
Blau Double Smoothed Stochastics (DSS-B): The raw Stochastics is calculated as the percentage value for the close within the range created from the highest high and the lowest low over the lookback period. The DSS-B is obtained by separately double-smoothing both numerator and denominator of the raw Stochastics. The double-smoothed value for the numerator is then divided by the double-smoothed value for the denominator.
Stochastics Smoothing: William Blau twice applied an EMA to both numerator and denominator of the raw Stochastics. This indicator allows to use 30 different moving averages for the smoothing. The same moving average type is used for the first and the second average calculation.
Parameters: The lookback period for the raw Stochastics indicates the number of bars for which the highest high and lowest low is determined. The lookback period is comparable to all other Stochastics indicators. The default value is 14 bars. The double smoothing of numerator and denominator is done with two moving averages. The first smoothing is typically done with a faster moving average, the second with a slower moving average.
Signal line: William Blau did not use a signal line for the double smoothed indicators. I have added the signal line, because the cross of the signal line can be used as a trend indication. Moving average type and period for the signal line can be selected.
Histogram: The indicator has an option to plot a histogram, which shows the difference between DSs and signal line.
Trend definition: The indicator exposes the current trend via an IntSeries. The trend can be determined based on the DSS (rising & not oversold, falling & not overbought, neutral), the signal line (rising & not oversold, falling & not overbought, neutral)) or the DSS / signal line crosses. All trend definitions are not straightforward, but require a higher close to switch to an uptrend, or a lower close to switch to a downtrend. Moreover the DSS / signal line cross will only show an uptrend, when not oversold and a downtrend when not overbought.
Paint bars: The paintbars can be used to plot the trend information. The trend states are uptrend, downtrend and neutral trend as explained above. It is possible to apply the indicator to the price panel and unselect the indicator plots. This allows to use the indicator as a "paintbar only" indicator.
Sound alerts: The indicator comes with sound alerts which are triggered when the trend changes. The sound files are included with the zip file and should be manually copied into the directory Documents -> program files (x86) -> NinajTrader 7 -> sounds.
Update March 13, 2014: Trend filter modified. Histogram added.
This is a slightly improved ADX indicator which colors the indicator different colors for above & below a threshold. This makes it easy to see if the ADX is above a threshold. I use it to stop trading when price isn't trending.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
The first time that I saw KDJ Indicator it was part of the standard charting package on the main page used by TDAmeritrade. KDJ indicator is based on the standard Stochastics but it includes an extra line called J line.
The J line is a measure of divergence between %D and %K. The value of J can go beyond [0, 100] range. Values of J line over 100 or under 0 are supposedly the most bullish or bearish for larger swings (no wonder TDAmeritrade is using it for charting stock prices).
One needs to watch as the %D is in overbought and oversold areas (20 - 80). As long as the J line is beyond 0 and 100 percent and has not hooked up or down the price is going to remain in overbought or oversold area. One needs to consider to sell the overbought or buy the oversold when %D is above 80 or below 20 and J line begins to hook down or up. Other indicators such as momentum, volume, support and resistence, etc. need to be considered for confirmation.
January 31st, 2012
Size: 8.09 KB
Downloaded: 1270 times
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aligator
This is an updated version of DoubleMAPaintHolyGrail V1 by TheWizard. The original coding remains the same. Only lines of code required to make the program work in NT 7 have been changed.
The download package contains the following programs:
* Same features as Fat Tails' original MacdBB indicator.
* Gapless feature that ignores the session open gap.
* TickSize addition to help 'normalize' the macd value.
* Band region filled to the same color as the Bollinger plots.
What will not work:
* Dots plotted on price panel. Keep value 'false'. This is due to the 'filled bands', as NT will not allow plotting on both panels.
* My gradient version is not available.
December 19th, 2015
Size: 12.23 KB
Downloaded: 1223 times
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This indicator allows a user to draw a horizontal line on the chart and have an audio alert wav file sound when the line is pierced (either from above or below).
I did not originate this indicator. It is a modification of NT's native price alert indicator. NT's original indicator (available in your preloaded indicator set) only gives you an alert in their alert window which I didn't find particularly helpful. Roonius made this NT7 version possible. The NT6.5 version does not work in NT7 because NT7 does not use the "drawobject" command.
How to make this indicator work for you:
Insert this indicator twice into your chart indicator set.
Add audio file names to each. I use the same audio file for both boxes in each indicator.
In one indicator, choose uptrend = "true"
In the 2nd indicator, chose uptrend "false"
You will want to choose "false" for Calc on Bar close for both indicators.
For audio files, type in the name of an audio file that you know exists in your program files/ninjatrader 7/ sounds folder.
These are the 2 pole and 3 pole Super Smoother Filters, which were described by John F. Ehlers in his book "Cybernetic Analysis for Stocks and Futures". Ported from Easy Language to NinjaTrader.
The chart shows that the 2 pole super smoother filter (yellow) gives a better approximation for price while the 3 pole filter (spring green) offers superior smoothing.
This Indicator show a dot or any symbol you choose when the volume exceeds the moving average of the running volume .
Thereby giving yo a heads up indication of when volume jumps to new relative highs, indicating a possible imminent increase in volatility.
In the set up you can choose the size of the dot/square/triangle etc. I have found 3/5/7 pixels for hi/ higher/ highest a nice size . You can also choose the volume surge levels appropriate to your instrument.
September 20th, 2010 04:52 AM Jason11 Why does this plot an extra tail on the indicator line when it changes direction (color)in NT7 ? It is not a clean line
June 30th, 2011 01:44 AM Southsea Thanks for the great indicator! I am having a problem, though. I can't get the price markers to work. I set price mar
kers on "true" and they do not appear. Thoughts? I would be REALLY helpful to have price markers. Thanks again for t
he fabulous indicator! SS
May 3rd, 2011 09:33 AM AttitudeTrader Thanks! Perfect for what I needed.
-AT
September 9th, 2010 02:38 PM theucreport
June 23rd, 2010 05:24 PM ValLiant exactly what i am looking for thanks for posting!
May 5th, 2010 07:03 AM mata Thanks for the helpful tool and it works with NT7
April 25th, 2016 06:20 PM 75martin Thank you for your work.
April 4th, 2015 01:22 PM ShaunG Looking for a Volume indicator which uses "Ticks" to measure volume. I am exited to give this indicator a try!
November 14th, 2011 11:36 AM peakskill Can you provide more information on how to read this indicator?
May 23rd, 2011 07:55 AM gibips I just upgraded to NT7 from 6.5, upgraded this newer version (2) and have the same problem as mentioned - sometimes the
neutral yellow is not painted. It leaves a blank between the up and down colors.
March 30th, 2011 04:53 PM Southsea Thanks! Was wondering if this indicator repaints? Does it change past bar colors based on new data? Thanks a bunch!
March 11th, 2011 11:08 AM PandaTrader Same problem here. It doesn 't plot the neutral colors every time. Leaves a gap between the rising and falling plots. P
lease help.
October 22nd, 2010 05:53 PM Howard
October 15th, 2010 01:04 PM PandaWarrior It does not plot the neutral colors every time. Instead it leaves a gap between the rising and falling plots. Once in a
October 25th, 2016 04:16 PM hobbys11 thx very much.
September 9th, 2015 04:48 PM anup Thx fat Tail. That is a great Indicator. Very thoughtful of you. Thx again.
July 21st, 2015 03:50 PM pepbosch great idea from a great brain! Thanks
December 27th, 2013 04:42 AM Maxie in welchem TF benutzt Du den Indi am Meisten? I can see the "alpha Auction bars"in the screen, sind die auch von Dir? Wü
rde ich gern ausproboieren, kannst Du mir sagen, wo ich die finde?
June 22nd, 2011 12:39 PM rfiske Fat Tails > Could this be modified to paint the entire bar and wick a solid (selectable) color? know your VERY busy wit
h many other projects - but maybe someone else could have a go at it!
Again thanks for all your MANY great contributions to BMT! not trying to butter you up - but! LOL
June 13th, 2011 05:35 PM tony2604 Great!
May 21st, 2011 09:29 PM rfiske Another Really great indicator from Fat Tails! Works just great.
Thanks
May 1st, 2011 08:28 PM AttitudeTrader Thanks for putting this together man! Works great (I'm using the text rather than the diamonds).
July 12th, 2011 06:43 PM 445NDO Life on this earth would be so boring had you all programmers not made it so colorful ...... Blessed are you all who hav
e the patience and an technical coding skill sets. You all make people like us who are systems engineers look like defla
ted tires.
Keep up the good work ! Love you guys ! (now dont take that in a negative Love - Not a "GY" lol
May 29th, 2011 01:04 AM tst1 it doesn`t show anything that you have on your screen shot...how to use it anyway??
May 15th, 2017 02:35 PM brucerobinson 5* may be premature as I've only just installed it but if I don't rate now I probably won't (a man's got to know his lim
itations).
I've searched and tried so many and found problems such as:
DTTWin uses a dll which some don't like. Doesn't bother me as the owner isn't likely to mess with customers, however, wh
ilst the original source of the news is FF, the dll takes it from a mirror on his own site (which has some enhancements
to the FF presentation of news). His site frequently blocks my IP address returning an error 403 both on his news page a
nd the dll for the Ninja indicator. FF's site doesn't block me, and this indie gets new direct from FF.
jtEcononews (on which DTTW is built) - despite various claims to have been fixed by others, when I install most recent v
March 17th, 2016 08:18 AM no3putts Thank you!
December 4th, 2012 03:32 PM dilbert618 Thanks
April 28th, 2012 12:24 PM Klausi A really helpful indicator for every day, slim : The necessary is met, without unneeded features, workin' fully automati
c, fast updates, great overview, adjustable
for your personal needs. I use it 12 weeks now and I'm happy with it.
September 12th, 2014 08:11 AM ShaunG Very much appreciated!
April 25th, 2014 02:33 PM panamajack Thank You - Excellent addition to NT trading.
April 12th, 2013 04:11 AM Amsterdam Whale seriosly dewd...very useful, very nice design languuage, seems to run smoother than any other related types but makes th
October 22nd, 2017 09:20 PM djcassidy I like being able to center with just one click. any chance of having one for NT8??
March 8th, 2017 05:26 PM allsensi quite useful, many thanks
January 30th, 2013 12:14 PM Chuck T Extremely useful little gem. Thank you for your generosity! Sure makes keeping track of things easy while in a trade.
January 24th, 2013 10:20 AM Mindset Great - useful to use wasted screen real estate!
January 24th, 2013 10:20 AM Mindset Great - useful to use wasted screen real estate!
August 25th, 2019 02:57 PM dyst Thank you! I downloaded the other version but something seemed a bit 'off' with that one. So glad I found this. Experime
September 8th, 2016 01:40 PM ValT this indi rekt up my ninja badly, now i cannot import or export indicators or strategies , any idea how to fix my ninja
beside reinstalling it? Any help would be apreciated.
Thanks in advance!
March 22nd, 2015 10:52 AM JohnS Thank you!
July 27th, 2014 12:14 PM Botts Amazing - Just sayin.
August 10th, 2015 04:17 PM skibbatechno Awesome work - thank you!
August 10th, 2015 04:14 PM skibbatechno Awesome work - thank you!
March 30th, 2014 11:37 AM jmont1 Fat Tails, help me understand. Most of the year Europe closes at 11:30 NY time. Moving to March it seems to close at 1
2:00 pm. I see NY went to DST and UK uses BST. But why is it now closing on the hour (12) instead of 1/2 hour? Tried
researching but cannot resolve. THANKS for this to help me out.
September 15th, 2013 10:36 PM Jarmat Thank you great job.
September 27th, 2018 09:37 PM PhxEagle Very good indicator...i also have been looking for this. However, is there a way to click on the chart and have it show
all the numbers etc as a hypothetical trade? It looks like the only way to have it appear and show is if you place an o
rder. I want to be able to just place a hypothetical trade on a chart and see it.
July 15th, 2017 01:51 PM delta9100
June 29th, 2016 12:34 PM bpr17 This indicator seems very interesting, but after trying different things I cannot find they way for his correct use. may
be it doesn't work for Intraday?
May I ask you to give some more indications about the configuration?
Thanks very much
September 4th, 2015 05:28 PM jossfx thanks friend, it's a great tool for risk management.
Is it possible to lower the risk of 1? for example 0.5% I can't do it
July 17th, 2015 12:45 AM Portland Interesting, thanks!
July 15th, 2014 01:39 PM rlstreet Thanks. The SveRenko chart type combines the advantages of the renko and the advantages of showing the wigs without maki
ng it all messy. If you would combine it with CandleStickVol you would het price and volume all in one presentation.
July 11th, 2014 09:59 PM Alex C Thanks, I really like using this indicator, good job!
June 23rd, 2014 12:04 PM aligator Thanks. Chart Type is Custom1 (near the bottom of the code). Make sure no other bar Type uses Custom1 location before in
March 2nd, 2019 07:20 AM Cerebro Simple, Elegant, Reliable & Useful - Thx!
March 18th, 2015 09:04 PM Tony09 Thank you, Great Indicator..Using every day now
November 18th, 2014 11:46 PM fourtiwinks Thanks very much for sharing, matervisky! Wishing you success in your live combine and may you be a Senior Trader soon..