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Searching for entries matching reverse, looking in keywords for any words
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gbRevEngRSITrend

gbRevEngRSITrend, Ver 1.0, TraderGB, May 29, 2021

Description:
Uses the Reverse Engineered RSI indicator to determine trend. Fifty on the RSI marks the point where the average of up closes is equal to the average of down closes. If the RSI is above this point the average of the up closes is greater that the down closes and vice versa. Instead of using 50 as the point of demarcation, this indicator accounts for noise by defining upper and lower boundaries above and below 50 (default of 52 for upper and 48 for lower). An uptrend is signaled when a low is printed above the upper boundary plot and a downtrend when a high is printed below the lower boundary plot.

Plots for standard deviation or ATR bands are an additional option that can be employed. The upper deviation plot is a multiple of the StdDev or ATR added to the upper boundary plot. The lower deviation plot uses this same deviation value and subtracts it from the lower boundary plot.

Category NinjaTrader 8 Indicators and More

Details: gbRevEngRSITrend
Category: NinjaTrader 8 Indicators and More

May 30th, 2021
Size: 10.87 KB
Downloaded: 899 times

Keywords: reverse rsi trend engineered

Scalpel Signal_v2

This indicator was designed to provide an entry signal, in either a trending configuration using an EMA filter, or via a countertrend formation (especially in range bound markets) using a higher sensitivity threshold.

There are 4 available parameters which guide output. The WARNING levels, and the SIGNAL thresholds.

Maximum values for WARNING or SIGNAL should not exceed (normally) + or minus 7.

Indicator works best with non-minute bars (tick, range, renko, volume).

When deployed with trend filters, consider using a lower WARNING and SIGNAL sensitivity range to define possible pullback entry areas. If no filter (EMA) is used, watch for punctures of the signal candle high/low for continuation movements.

Category NinjaTrader 7 Indicators

Details: Scalpel Signal_v2
Category: NinjaTrader 7 Indicators

August 27th, 2017
Size: 17.17 KB
Downloaded: 1074 times

Keywords: and scalping stop trend reverse