I'm glad to share with you, this indicator, it's for you to do your analysis, again and again, and you don't want to delete the previous analysis part, this indicator removes the text from the top of the chart, and keeps it clean, it also works for clean the chart during a previous analysis, or you can keep two analyzes at the same time, you can also keep the graph clean at the time you want to leave it blank, here I leave a small video for you to see how it is used, I hope you enjoy it utility.
VIDEO
This is a Grid trading algo that sets levels based on the tick size, grid step, and grid size. This algo may be profitable with different settings depending on the instrument. I have released it here so it can be tested, modified, or improved into something better. It's very simple the code is simple and clear. I also will include a Grid Levels indicator so you can see where the levels are at.
The AlMaCrossers indicator is my first attempt to build a trading bot. The logic still not finished but the indicator will signal potential entries and exits (I using it on micros and e-mini futures) that one has to assess before taking the real trade.
The indicator takes into account two other indicator types: MACD and SMA.
SMAs are 4, 8, and 15.
The algorithm will (each tick):
1. evaluate if the 4EMA has crossover the 15
2. evaluate if the MACD crossed over the signal
3. evaluate if the MACD histogram is greater than the value (parameter) specified by the user. I made this one flexible because the values vary depending on the instrument.
4. evaluate the steepness of the 4EMA which should be greater than the specified by the user.
I'm working on some other dynamic values to improve accuracy on entries and exists.
Note:
- The indicator won't generate another signal (Long nor short) until the current position is closed!
- The entry (and exit) price s plotted along with a small green (red for shorts) triangle.
- The Exit signal will plot the PnL of the trade.
Really simple indicator that highlights the specified time window on the chart. Useful for differentiating RTH sessions from ETH sessions. Just add the indicator to your chart, set the time window (in your local time) and highlight color.
This indicator uses the Sentiment Data from the Trading Deck in https://www.marketwatch.com/, Takes the Advancers, Decliners, and no Change, and Plots them. It only works in real time, since The trading Deck only works from 09:30pm till 04:00 pm. The good thing about it is, that it can capture the trend of the day's sentiment.
this is the first version I made. 0.0.0.1 I guess...
In this pack there are three indicators:
- Elder's Ray: composed by BullPower line and BearPower line;
- BullPower only, histogram version
- BearPower only, histogram version
This is an oscillator created by Alexander Elder and explained in his famous book "Trading For a Living". The oscillator formula is simple but useful at the same time:
- BullPower = CurrentHigh - EMA(13, Close)
- BearPower = CurrentLow - EMA(13, Close)
The Bollinger BandsŪ Percentage B is a technical indicator based upon the Bollinger BandsŪ study; it plots a histogram showing position of price relative to the bands. It is calculated as percentage ratio of two differences: first one is the difference between the price and the lower band value, second one is the difference between values of upper and lower bands.
Adopted from the BollingerPercentB indicator on the highly recommended Think or Swim Platform.
NinjaTrader v7 indicator
Indicator is shown on the lower panel of the attached image.
The Bollinger Bandwidth study is a technical indicator based upon Bollinger BandsŪ study, expressing the distance between upper and lower bands as percentage of the middle band value (SMA/EMA around which the bands are plotted). The main plot is accompanied with two additional ones: Bulge and Squeeze. Bulge plot displays the highest bandwidth value reached on the specified period, and, similarly, Squeeze plot shows the lowest bandwidth value.
This indicator was modeled after the first class Think or Swim Trading Platform.
This is a custom zig-zag indicator I have modified ( original version was from here but cannot find reference).
The zig zag lines are transparent by default as well and the value numbers removed so that background objects do not hose charting. The only thing I use for PATS is the semaphore dots this creates to check and create new trend lines. In addition whenever a semaphore is painted this has an option to add an audio alert. This feature has been invaluable to my trading. If you follow Mack and PATS this simple indicator might provide value to you.
October 31st, 2018 10:54 PM mhamrin This is one of the finest indicators that I have found here...tinkered with it for a while...very robust. I'll be using
to make more money...
September 4th, 2016 07:52 AM ShaunG Much appreciated! I am a fellow student of Macks so I am quiet exited to see how this will enhance my trading from a vis
ual point of view. Many thanks again!
December 7th, 2013 05:45 PM awvcs
November 27th, 2013 03:59 AM aleks25
October 24th, 2013 03:08 AM Richie Z just coming into bare back riding, thanks for this wee indicator.
January 28th, 2021 02:30 PM Gaterz Doesn't work for me. Thanks though
April 11th, 2019 07:43 AM Bend
April 7th, 2017 11:31 PM SDR2014BMT This works perfect for me- thank you so much!!!
September 7th, 2016 10:56 PM waverider I REALLY appreciate when people put free indicators up, I do, but this one fails in the same was as the other one I foun
d (although I get it does the one thing right).
I want to highlight the ETH and LEAVE the RTH (because my chart is already black I'd prefer to grey out the ETF).
But this handles 10:00 TO 16:00 but NOT 16:00 to 10:00. It seems to get confused.
Also, (and possibly to account for this) it would be awesome if it could do more than one time zone.
December 20th, 2023 01:07 PM ballhaj Excellent !!!!
December 4th, 2023 07:45 PM topdogtony Hello - you did a fantastic job on this indicator I use it on the 5 min chart, if I can make a suggestion or 2, 1st reg
arding the alert can you code the ability to use alert of choice. 2nd can you include as an extra confirmation signal a
n RSI and Divergence? Sorry if I'm asking too much you already have done a great job-------Thank you.
September 1st, 2023 05:30 PM sunshnpeg
June 25th, 2022 06:09 AM alesiosc
January 10th, 2022 01:33 PM daytrader2021 This is by far the best indicator I have downloaded from this site. Only ask would be a way to move the text out of the
way without going to properties. Outside of that love it.