Oscar Wilde said imitation is the sincerest form of flattery. So with thanks to the QG Better Channel authors, I have taken that indicator and modified it to better serve my trading style. Here's my dpQGP- QGPair. It is now a pair of channels, fast (Trend1 and Trend2) and slow (Trend3 and Trend4), and as price moves around those channels, signals are generated. Everything is available for your tweaking: channel coloring, signal type/color/size, channel upper and lower parameters.
In the Properties, there is a property named 'ContinuationSignals' and it has a numeric input. That number is the number of bars allowed between price falling below Trend1 and rising back above it for long signals, or price rising above Trend1 and then falling back below Trend1 for short signals. It will become clear when you see it on your chart.
There is a Toggle on the Control line at the top of the chart with options of Off, Single, and Double.
Off = no signals painted
Single = only Trend1 is considered for a signal to paint
Double = Trend1 AND Trend3 must be in agreement for a signal to paint.
You can fine tune the channels by altering their length properties which will make the channels either closer to price action or farther away. Although shown on a 144 tick chart, it works on any time period or tick period, Renko, etc.
I hope you find it useful. As always, please leave some feedback (private or public), good or bad, as it gives me ideas for making it better. Thank you. Dave P.
July 24th, 2023
Size: 10.43 KB
Downloaded: 1366 times
2669
DaveP711
The PriceActionSwing indicator for NinjaTrader 8.0 calculates swings in different ways and visualizes them. It shows swing information like the swing length, duration, volume and many more. It contains a lot of features and it is useable in the Market Analyzer.
Strategies based on older PriceActionSwing versions will not work with this update.
Remove old PriceActionSwing versions (do a backup first) before you import the updated version.
The package contains two indicators: PriceActionSwingPro
- Swing indicator with visualization and swing information
- ABC patterns
- Compute divergences based on different indicators
- Naked swing lines
- Swing statistics
- Draw automatically Fibonacci extensions and retracements PriceActionSwingOscillator
- Swing trend and relation visualization
- Swing volume (repainting)
Useful to see/trade price action based on swings and patterns like double top/bottoms, wedges and many more.
September 1st, 2022
Size: 49.27 KB
Downloaded: 12043 times
1781
dorschden
This indicator will provide the volumetric Bar statistics in a hidden plot form. The main purpose is to provide (through 21 plots) the bar statistics values to the Strategy Builder and/or Chart alerts, and/or the Market analyzer without the need to program. You can also use in a Ninjascript indicator or strategy. The 21 plots are hidden so they will not change the display. See the screenshot to see the names of the available data points (plots).
When you select the indicator in the strategy builder or the chart alerts, you can change the plot to any of the 20 other plots so you can work with the statistic of interest.
Also, all 21 plot values will show in the charts data box window or the charts mini data box.
The indicator must be applied to a chart or data series that uses Volumetric bars.You must have the NinjaTrader lifetime license to access the Volumetric bars.
There is an option, for debugging, to print the output to the Ninjascript output window. This will show two values that should match on each line. One value is direct from the calculation and the other is from the plot (that gets it from the same calculation), the point is to remove the mystery of what data is being provided.
The idea of a channel similar to Donchian channel but one that expands in trending markets and narrows in a ranging markets was born by Alex Grover on TradingView.
This script is a conversion from original TV script to Ninjascript.
The channel breakout generally indicates beginning of a new trend and pullbacks towards middle of channel are generally reliable trend continuation signals.
I have added multi timeframe version of this script here that shows trend in a higher timeframe and pullbacks in a lower timeframe.
Improvements and additions in this script are welcome.
gbCloseOverCloseTrendMap, Ver 1.0, TraderGB, May 19, 2021
Description: Compares the current close to the closes of each of the last N-bars, where N is the number entered for Lookback. The top line of the trend map is colored green if the current close closed above the close one bar back and red if it closed below. The second line of the trend map follows the same color scheme but for two bars back, etc. This is done for N-bars back. I don't really care about a close that's the same as a close N-bars ago so I just assigned these to the downtrend.
The separate plot above the trend map is an indication of the trend. It switches to an uptrend if the current close is above all N previous closes and switches to a downtrend if the current close is below all N previous closes.
There is a separate transparent plot called TrendValue that can be used for those wanting to include this in Market Analyzer. A value of 1 indicates an uptrend and a value of -1 indicates a downtrend.
This script is dynamic with respect to the number of plots that appear in the trend map. If you enter 5 for the Lookback, you will get 5 lines in the trend map. If you enter 10, you get 10 lines, etc. The indicator allows a Lookback of 20 max, which I consider more than enough. But, if you do want more plots, feel free to modify the code to allow Lookback to take a higher max value. Keep in mind that there will be a plot for whatever number you choose. For example, if you change it to a max of 100 and enter 100 as the Lookback, you'll get 100 plots. I wouldn't go to crazy here so use whatever you think makes sense for your application of the indicator.
The order of the closes in the trend map are in descending order from the top down. This means that the top line of the trend map will be the Close status 1 bar back. The second line will be the Close status for 2 bars back, etc. The last line will always be the most distant Close. For example, if you enter 10 for the Lookback, the last line of the trend map will be the status of the current Close relative to the Close 10 bars back.
Special Note: Although this indicator has in its name "CloseOverClose" it actually uses 'Input' rather than 'Close' as the input series. What this means is that you can feed most indicators into gbCloseOverCloseTrendMap to get a trend map of that indicator. For example, instead of using Close as the input series, let’s say we use the Fisher transform to get a trend map of the Fisher transform. You can do this same thing with a moving average or any other indicator that seems logical for doing this. In a generic sense, the indicator is just comparing the current output with the output of 1-bar ago, 2-bars ago...N-bars ago. The detail of all these comparisons is shown in the trend map and summarized in the overall trend plot.
May 19th, 2021
Size: 3.66 KB
Downloaded: 690 times
2376
TraderGB
This is my entry to the challenge for the best indicator. While this indicator is nothing flashy like my past indicators, I am submitting it due to the fact that it is a reliable signal.
It is a MACD but calculated using a momentum-adjusted moving average that I call a zero-lag moving average because it is the closest thing I can get to that adjust for the lag in a filter. It works similar to a EMA, but instead of weighting the front end of the indicator to reduce lag (base effect), it adjusts the from on the moving average for a near-term ROC (momentum).
Use wisely!
Cheers,
Sody
APR 26 2021 UPDATE: It came to my attention that the file was a locked DLL, I have corrected the issue, you can now download the source code from here.
February 22nd, 2021
Size: 3.35 KB
Downloaded: 1245 times
2319
SodyTexas
Hello Traders, after downloading and using the Price Line indie that I downloaded from FIO, I decided that it would be nice to see where Stops might be as the price moves around. You can make these lines +/- ticks from the current price. In the pic, they are set to 20 ticks. The Plum colored lines are 20t above and below the current price.
There is also a button along the X-axis that allows you to enable or disable the indie if needed.
Trade Well...
Bob
R1: 2/5/2021. Trader NgoLimit wanted a shorter price line. I changed the minimum length to 1, so it will draw thru the current candle to 1 candle back.
R2: 7/8/2021. I added PriceLineRRatr to the ZIP. PriceLineRRatr draws the RR lines X ATRs above and below the current price. The ZIP now includes both indies. Thanks Brett for the suggestion.
January 19th, 2021
Size: 11.08 KB
Downloaded: 570 times
2299
bobc635
Hello Traders, starting with the GEM Stoch, I added a Stoch of the Order Flow Cum Delta. You can select if you want UDT or BA. By loading two instances of this indie you can show both Stoch of BA and UDT. In addition, you can add weight to the PA or the CUM Delta. I like watching the regular Stoch, overlayed with BA and with UDT. In this way, I can see when there is absorption going on. In this pic are instances of the standard GEM Stoch , an instance of StochPACD with UDT weighed 4:1 and an instance of StochPACD with BA weighed 4:1.
R1: An astute trader found that the indie was not selectable on the chart. I have resolved that.
If you downloaded the original version, it went into the "gem" directory. You will need to use your Windows File Manager and delete that prior to installing this one... Sorry!!!
Also, in this ZIP is a 'lite' version that only calculates what is shown on the screen. If you want to scroll back, hit f5 to refresh the screen.
September 11th, 2020
Size: 19.31 KB
Downloaded: 772 times
2271
bobc635
Hello Traders, attached is the CongestionBox indie that has been put on a diet. The indie finds congestive candle patterns and then paints the box when there is a breakout (2 candles to confirm). The box has a line that represents the VPOC of the box. I find that this indie, in concert with an MA of your choice works very well to find and keep you in a trend.
A few years ago, I downloaded the CongestionBox indie as submitted by creator jabeztrading. The indie had memory building and slow response issues. The bandaids that I applied at the time were a help so I re-released it. I have learned a few things along the way, and made some dramatic improvements wrt memory and responsiveness. On my system, a refresh of the old indie took 13seconds. This one is about 1 second.
Note to users... I have started cutting down the system resource requirements on many of my indicators that do not need a lot of historical data. On these indies, they calculate only what is on the screen. If you want to scroll back, just hit f5 to re-populate the indicator. It's not a huge savings, but every tick counts
March 14th, 2024 05:26 AM Leafcutter The Idea for this indi is cool! I have often tried similar things in order to combine the volume delta with the price ev
en if they do not correlate when there is absorption...if there would be a possibility to combine this with a correlatio
n indicator...
June 12th, 2021 11:44 PM TraderGB Nice going Bob...way to think out of the box!
November 2nd, 2020 11:35 AM Jeezewiz291 NICE
October 31st, 2020 09:01 AM Harvard Thanks
October 23rd, 2020 01:10 PM hedgeplay Thanks Bob, good clean work.
March 17th, 2024 08:02 AM prutrader Excellent, Thanks
March 16th, 2024 06:16 PM gisot Hi Thank you for the indicator. I can load it on a chart from the folder “Brettlllier” where its name is BI TSI Plus, b
ut in the Ninjascript Editor it is inside another folder, i.e. TrueStrenght and it is under the name ITsiPlus, while on
the Strategy Builder I cannot find it. Is this expected or not ?
March 16th, 2024 06:14 PM gisot Hi Thank you for the indicator
I can load it on a chart from the folder “Brettlllier” where its name is BI TSI Plus,
but in the Ninjascript Editor it is inside another folder, i.e. TrueStrenght and it is under the name ITsiPlus,
while on the Strategy Builder I cannot find it.
Is this expected or not ?
March 15th, 2024 04:15 PM jmont1 Appreciate your offering. ANy chance your programmer can provide actionable information in the data box so Strategy Buil
der can act on it? So everything is visual in this release. But if the data was exposed, OB OS then strategies and Strat
egy Builder could use it to make trades. Thanks again!!