This is a simple indicator that allows to display larger timeframe candles on any chart. For example you can display 30 min or 60 min candles on a 5 min chart.
The larger timeframe candles are plotted behind the standard candles of the chart and are aligned to session times. Colors and opacity of the candles and the candle 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.
Update December 3, 2010: Improved to work with all data feeds. Some data feeds fill and other do not fill the minute data, when no trade has occurred. The indicator will now select the correct intervals in both cases.
Update May 6, 2011: Bug fixed. On minute charts the first multi period candle after the session start contained one bar less than expected.
Update December 14, 2011: Indicator optimized following suggestion by Richard (Zondor).
November 27th, 2015
Size: 19.60 KB
Downloaded: 1730 times
1689
trendwaves
Price Action. Folds in the tape make seeing Support and Resistance easy. Follow the tape to be with the trend. Nothing predicts the future. Can you trade with less clutter?
September 5th, 2009
Size: 34.93 KB
Downloaded: 1091 times
123
websouth
Updates on 7/7/16:
- Added the PriceActionSwingOscillator
Updates on 5/17/16:
- Updated to run on NT8b11, may not run on earlier beta versions
- Corrected issue with ambiguous method names between the System.Drawing and System.Windows.Media namespaces
- Removed some stray Print statements used in debugging
- Fixed issue with chart not auto scaling
- Added option to show only ticks in the price swings
- Shortened the display name to "PriceActionSwing (Instrument, BarsPeriod, SwingType, SwingSize)"
This is a NT8 conversion of the PriceActionSwing and PriceActionSwingOscillator indicators written by @dorschden. These indicators are ones that are recommended for use with the Jigsaw tools for entry/exit bias. There are three files, PriceActionSwing.cs and PriceActionSwingOscillator.cs in the Indicators folder and PriceActionSwingBaseMethods.cs in the AddOns folder.
Original thread on what this indicator does is here.
Tested as thoroughly as possible, any issues, please PM me.
September 9th, 2009 01:21 PM max-td 5 stars + 1000 thanX for this
September 8th, 2009 08:34 AM websouth Saroj- link posted now
September 7th, 2009 11:35 PM Saroj websouth, the template refers to an indicator called "ColorSampleUniversalMovingAverage"... I've searched NT Forum every
which way with no luck finding this... I guess I need it because my chart is not showing the green & red dots... can yo
u please post a link?
Thanks, Saroj
September 7th, 2009 12:32 PM websouth Thanks guys.
September 7th, 2009 11:52 AM sam028 Very nice, 5 stars !!!
May 6th, 2024 11:20 AM skyland Great Indicator but no longer works with NT-8 Version 8.1.3.0 64-bit!
May 18th, 2022 09:28 PM Keenbreathy I don't know how but I'm certain this indicator ruined my NT 8 workspace. As son as I installed, it froze all live data
. After reinstalling NT, I loaded my backed up Workspace only to have it happen again. The only fix that worked was to
load any workspace from before this indicator.
May 2nd, 2022 01:16 PM lavender Thank You for this work! KISS is perfect...