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Searching for entries matching divergence, looking in keywords for any words
Found 8 matching entries

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QQE (Quantitative Qualitative Estimation)

This is simply a conversion of the QQE for NT7 by Fat Tails.
Please refer to his post in the NT7 downloads section for details.

Category NinjaTrader 8 Indicators and More

Details: QQE (Quantitative Qualitative Estimation)
Category: NinjaTrader 8 Indicators and More

February 29th, 2020
Size: 6.83 KB
Downloaded: 1255 times

Keywords: divergence qqe qualitative quantitative rsi

True Strength Index (TSI)

Exported using NT Version 7.0.1000.30

The True Strength Index was developed by William Blau and published in his book "Momentum, Direction and Divergence". This version of the TSI is an enhanced version of the NinjaTrader default indicator. It comes with the following improvements:

Momentum period: The original version of the indicator uses the price difference between the current and the prior close, which is the 1-period momentum. The updated version of the indicator also allows for selecting a momentum period greater than 1.

Triple Smoothing: The standard version of the indicator comes with double smoothing for momentum and absolute momentum. William Blau himself also used triple smoothing, This indicator lets you choose between double and triple smoothing. If you set the third smoothing period to 1, you will get double smoothing, and the indicator will display identical results with the NinjaTrader default indicator.

Smoothing with different moving averages: William Blau has suggested to use the EMA for double or triple smoothing. This indicator offers you a selection of more than 30 different moving averages for the smoothing. The default is set to EMA in line with the original indicator.

Signal Line: I have added a signal line for timing entries and exits. The signal line is obtained by smoothing the TSI with one of the selectable moving averages, similar to the signal line of the MACD. The default period for the signal line is 7.

Histogram: The indicator has an option to plot a histogram, which shows the difference between TSI and signal line.

Trend definition: The indicator exposes the current trend via an IntSeries. The trend can be determined based on the TSI (rising & not oversold, falling & not overbought, neutral), the signal line (rising & not oversold, falling & not overbought, neutral)) or the TSI / 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 DSM / 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, paint bars, sound alerts and histogram added.
Update November 16, 2015: Momentum period added. Option added to select from different moving averages.

Note: The parameter structure of the indicator was changed. In case that you have used the prior version of the anaTSI as input series for other indicators or strategies, these indicators or strategies will only work, if you change the syntax of the indicator call to conform with the new parameter structure.

Category NinjaTrader 7 Indicators

Details: True Strength Index (TSI)
Category: NinjaTrader 7 Indicators

November 16th, 2015
Size: 86.86 KB
Downloaded: 2958 times

Keywords: blau momentum. trend truestrengthindex divergence smoothing trendfilter tsi

Klinger Volume Oscillator (KVO)

Exported using NT Version 7.0.1000.22

This is a quick implementation of the Klinger Volume Oscillator as published by Stephen J.Klinger in the December 1997 issue of Technical Analysis of Stocks & Commodities. Here is a short recapitulation of how he trades the oscillator.

"The most powerful use of the KVO comes when the indicator reaches an extreme reading either above or below the center line and reverses direction. This signals an exhaustion of the prevailing trend and warns of an impending reversal in price.

The most reliable signals occur in the direction of the prevailing trend. Trades against the trend tend to be high-risk ventures.

The most important signal occurs when the KVO diverges from price action, especially on price extremes, either in
overbought or oversold territory. When a security makes a new high or low for a cycle and the KVO fails to confirm
this, the indicator is warning that the trend is losing momentum and nearing completion."

Category NinjaTrader 7 Indicators

Details: Klinger Volume Oscillator (KVO)
Category: NinjaTrader 7 Indicators

April 5th, 2014
Size: 5.41 KB
Downloaded: 2130 times

Keywords: divergence klinger oscillator volume

QQE (Quantitative Qualitative Estimation)

Exported using NT Version 7.0.1000.12

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.

Category NinjaTrader 7 Indicators

Details: QQE (Quantitative Qualitative Estimation)
Category: NinjaTrader 7 Indicators

March 13th, 2013
Size: 9.32 KB
Downloaded: 1428 times

Keywords: divergence qualitative rsi qqe quantitative

NT7 GbDivergence3 Spotter

This indicator was posted by PFSMedical
He requested it be converted to NT7

It appears to be a very interesting divergence spotter in that it plots the number 1 position and then all subsequent divergence points.
The updates seem to be working correctly at first glance. If something else is not behaving properly please let me know

PFSMedical post is as follows:

this is an indicator that measures divergence ..... it was developed for ninja 6.5 by a person no longer trading...
it measures peaks in the stochastics, and numbers them .... on both the indicator, and price...
since i'm a trader, and NOT a programmer/coder .... i have given up on trying to convert this myself to the new ninja 7 format ...
would like to have this converted to ninja 7 by someone who actually enjoys doing that kinda thing ....

thanks ....
sounds are available upon request from PFSMedical or you can create them yourself at this location:
https://www2.research.att.com/~ttsweb/tts/demo.php

enjoy

Tony A

Category NinjaTrader 7 Indicators

Details: NT7 GbDivergence3 Spotter
Category: NinjaTrader 7 Indicators

February 25th, 2011
Size: 10.23 KB
Downloaded: 1563 times

Keywords: 7 divergence ninjatrader stochastic

OBVDiver with BBands for NT7

For NT7 compatibility, there were 2 new parameters added to one of the DrawText() statements.

I added a compiler switch that will select the correct version of the statement of the DrawText method for either 6.5 or 7.

Indicator should now work in either version of Ninjatrader. However this zip package was created by NT7 so may not import into NT6.5. However, the previous version works fine in NT6.5 so that should not be a problem.

See Post:

https://nexusfi.com/elite-circle/694-balance-volume-balance-volume-divergence-indicator-8.html

The attachment is a .cs as I did not want to load this unoptimized code. ZTR

Category The Elite Circle

Details: OBVDiver with BBands for NT7
Category: The Elite Circle

June 18th, 2010
Size: 12.42 KB
Downloaded: 783 times

Keywords: bmt divergence obv zondor

BMT Divergence

VIP members only! Do NOT distribute this to anyone else!

This is an improvement over the OBV Diver previously released to VIP members. The new BMT Diver has a lot of additional options as you can see from the screen shots below. There are more too but I only wanted to take so many screen shots.

Let me also say it will not repaint unless the Plot Style is Line. Using Dot or Hash for plotstyle will prevent repainting (which by default is uses a Dot).

** DO NOT DISTRIBUTE **

Thanks to the VIP members for all their support!

This will show divergence with the following:
SMA, EMA, HMA, JMA, WMA, VMA, ZeroLagEMA, VWAP, CCI, RSX, R, RSI, Bollinger, MACD, Elliot, LinReg, and ADL.

The zero line is important. It is wise to only take longs above the Zero Line, and shorts below it. Please note, the Diamonds/Squares below are different than the OBV Diver indicator previously released, I swapped them around a bit.

Blue dot = no divergence, buy - take note of zero line
Red dot = no divergence, sell short - take note of zero line
Cyan diamond = divergence, buy with caution or look for failure then sell short
Magenta square = divergence, short with caution or look for failure then buy long

Mike

COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NOT TESTED [feedback]

Category The Elite Circle

Details: BMT Divergence
Category: The Elite Circle

December 3rd, 2009
Size: 47.80 KB
Downloaded: 2351 times

Keywords: bmt divergence

BMT OBV Divergence

Hello all,

Some recent posts have been talking about OBV. I have been on a Divergence kick lately, so decided I wanted to write an OBV Divergence indicator. It turned out pretty well, so I am releasing it here.

This is for VIP Users Only. Please do not share it or post it elsewhere.

Divergence is when one thing is doing the opposite of another thing.

Here, if OBV is rising, yet the period price is falling, that is a divergence down. It will print a Magenta square.

If OBV is falling, yet the period price is rising, that is divergence up. It will print a Cyan diamond.

What does this mean? It means 'watch out'. When divergence is printing you should be very careful with your trades. Once divergence STOPS printing, it is important to see how the divergence was reconciled. Was the next print afterwards a DOWN movement, or an UP movement? In general, you should trade in that direction.

But, there are a few things to remember. The zero line here is important. Below zero typical means shorts only, above zero typically longs only. As always you should rely on more than one time frame to make trade decisions.

In the screen shots, the OBV Diver is the bottom panel. Attached is the indicator as well. I look forward to your input. (btw, the top panel shows the Wave indicator which I also just published).

COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES

Category The Elite Circle

Details: BMT OBV Divergence
Category: The Elite Circle

December 3rd, 2009
Size: 12.05 KB
Downloaded: 2785 times

Keywords: divergence obv volume bmt