Attached is version 2.03. It does NOT work in NT 6.5 but does work in NT 7 with beta 22 or later.
Again, this is a major rewrite. Backup your old copy first, this one will overwrite it. If you don't like the new one you can go back to the old one this way.
There are two parameter options.
Multiplier - 1.0 is normal. If you feel the bands are too tight, you can raise this value, but it will no longer represent the real retracement levels of the daily ATR.
ATR Length - 7 is default. Lower will adapt more quickly to a changing market (like the recent huge fluctuations on CL). Higher will adapt slower.
I've added two extra bands to show the 100% and 161.8% levels. I've set the default colors the way I like them, which is different than the last version so take note. I also like the bands to blend into the chart, so the Alpha opacity is set for each plot.
You'll need to redo your template as the Plot names and settings have changed.
The histogram has been removed.
As far as I can tell, I've solved the math bugs. Please report any problems.
Mike
COMPATIBILITY:
NinjaTrader 6.5: NO
NinjaTrader 7.0: YES beta 22 or later only
Fibonacci Cluster Version 14 for Ninja 7 (April 2010)
Exported using NT Version 7.0.0.17, will not run on NT 6.5
Indicator displays Fibonacci retracements and extensions for intraday and daily charts based on swing highs and lows.
Labels: Fib lines labeled A-E are calculated from 5-day primary swing highs or lows, those labeled S refer to a recent swing high and low of order 2 or 3, those labeled Y and Z are calculated from swing lows and today’s high and low, if applicable. Extensions from highs and lows that have been taken out are labeled X, you will also find additional support and resistance from prior swing highs and lows that have been taken out. An example: “D+ 76.4 (28 Jan)” means that prices touching this line have retraced 76.4% within a Fib retracement defined by the swing high from January 28 and the lowest low between this date and the end of the session of yesterday.
Multiple Lines: All Fib values are rounded to full ticks. If several Fib values are rounded to the same price, the indicator will display “Multiple Fíb” and display the number of Fib lines.
Lookback period: The indicator will only take into account Fib retracements within the look back period of the chart. You can increase or reduce the look back period of the indicator via indicator dialogue.
Filter: The filter can be set to values between 0 and 100. Default setting is 85. If a swing low defining a Fibonacci retracement occurred 100 days ago, all lows during the following 15 days will be ignored, only lows during the last 85% of the 100 day range will be used for Fib retracements. If you do not want to use the filter, you may set it to 100.
Select your lines: The indicator will display quite a number of lines, usually too many to use it for trading. It is therefore recommended to either use the short or the long end of the lookback period. If you want to use the short end, leave all lines A to Z selected, but reduce the lookback period of the indicator to 5 or 10 days. If you want to select the long end, set the lookback period to a minimum of 100 days, but unselect the Y and Z lines.
Again, this is a major rewrite. Backup your old copy first, this one will overwrite it. If you don't like the new one you can go back to the old one this way.
There are two parameter options.
Multiplier - 1.0 is normal. If you feel the bands are too tight, you can raise this value, but it will no longer represent the real retracement levels of the daily ATR.
ATR Length - 7 is default. Lower will adapt more quickly to a changing market (like the recent huge fluctuations on CL). Higher will adapt slower.
I've added two extra bands to show the 100% and 161.8% levels. I've set the default colors the way I like them, which is different than the last version so take note. I also like the bands to blend into the chart, so the Alpha opacity is set for each plot.
You'll need to redo your template as the Plot names and settings have changed.
The histogram has been removed.
As far as I can tell, I've solved the math bugs. Please report any problems.
Mike
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES prior to beta 23 only
This is ZigZag UTC with trend lines and fib tools. It counts number of bars of each swing. It also shows bar count in progress and fib retracement in progress.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NO(Tested by sam028)
Feb 5 2010: Version 2.02 is available here and is also NT7 compatible.
This is for VIP users only.
Please do NOT distribute!
As always, I spend my time developing indicators to give to the VIP community, since it is those within the VIP community that are supporting BMT. If you share this indicator with someone else or on another website, it hurts me.
This indicator allows you to choose an SMA, EMA, HMA, WMA, VWMA, JMA or ZeroLagEMA and then paint fibonacci levels above/below that price.
You can choose two calculation methods. Method 1 uses 34, 55, and 89 for bands. Method 2 uses 38.2, 50.0, and 61.8.
Attached are some screens.
Please give me some feedback and let me know what you think.
BTW, this indicator does not repaint and it does work correctly with COBC false.
Mike
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NO [feedback]
July 14th, 2015 08:39 PM jupiejupe Thanks so much I have been wanting something like this forever, and i only just found it, love the fib circle and the hi