NOTE: Updated 3/11/2010 -- There were a few issues with currencies that have been corrected. Also additional text info has been added. See my blog for details and for NT7 version as well. The NT65 version has been updated here.
Another range bar range thingy (great minds work alike )...
This indicator is for range charts only (seems to work on any flavor or range bars too). It will draw a box around the current candle that indicates how much further a bar would have to move before the range is exhausted and new bar begins to paint.
This box is dynamic in that it adjusts in height based on the current size of the candle. In this way it is always indicating the maximum extent possible for the current candle.
It will also highlight this box using colors depending on how close the candle size is the maximum. Optionally, this indicator can also print the high and low price of the box's range just above and below the box itself.
I'll admit this may be more eye candy than anything else but I thought I'd offer it up anyway.
November 8th, 2009
Size: 3.30 KB
Downloaded: 730 times
179
j0hnth0m
You could use this indicator to trade in the direction of the trend after minor pull backs reversal. It could be used in strategies. It is variation of TTM trend indicator.
This indicator plots the maximum high or minimum low of a forming Range Bar. The plots disappear as soon as a new bar forms or the current bar has filled its required range.
Nov 5th: have fixed coding problem so that it will no longer function when you change to other chart formats. Right now is good for Range Bar and RangeAlt. If someone tells me the coding for the RangeNoGap I can add that in.
Especially helpful for non-time-based bar charts (though also good for them too), this indicator shows the Range Per Minute - expressed in ticks. To avoid huge bars during report times, the coding has a simple governor limitation to reduce the display value, but otherwise is accurate. There is also an optional alarm when RPM accelerates. You will probably have to go into the code to put in a sound file that you have in the Ninja/Sounds directory on the main system partition (not in the MyDocuments area).
Code cleaned up, new Scalping indicators and back color options. If the speed is accelerating above the average (default 6) and it's an up bar, a little wingding arrow will appear below the low and keep plotting on subsequent bars until there is a reversal or a new acceleration.
I find I can load it into the same panel as a volume indicator because the values are so low. Meanwhile if you enable price markers, the current RPM in ticks is displayed as text in the bottom right. The backcolors show that often shortly after acceleration there is a new move or climax of current move so it works as a leading indicator in some cases or confirmation of entry possibility in longer pattern setups.
The alarm can be disabled or a different sound file from the Sounds Directory in the Ninja System folders (not My Docs area).
Small, simple indicator but giving simple, factual information not often shown in others.
This is an indicator that looks for higher highs and lower lows. Inspired by John Carter's TTMScalper. Found on the NT forum. It's plotting price action based on higher highs, and lower lows.
If, used on it's own, it will give a lot of false signals, therefore it is recommended to be used in conjunction with other stuff that fits your trading stile and that's confirming your set-up.
Ok this one will plot on today chart only. It is named ORange_OvernightV2 in case you want to keep the V1
you can use it to find ovenight high and low just set end time to zero.
October 19th, 2009
Size: 3.11 KB
Downloaded: 331 times
163
cory
This is my version of two of the volume patterns from the Better Volume indicator from eminiwatch.com. I only use HVC & LV bars in my trading and these were easy to port. The other volume bars (Climax bars) require upticks & downticks which are available historically with Tradestation but not with Ninjatrader.
HVC bars often mark turning points and are usually the result of professional activity.
LV bars are usually amateur activity and the move may not continue.
I have tested this indicator against the better volume indicator on Tradestation and there is zero difference. If you want the Climax bars I encourage you to purchase the Better Volume for Ninjatrader from eminiwatch.
I also plan to add more volume patterns to this indicator such as "No Demand", "Stopping Volume", etc. If anyone would like to contribute please let me know, I have lots of ideas but little time so I could use the help.
For more information on using this indicator and the volume patterns, please see the thread:
June 30th, 2011 01:44 AM Southsea Thanks for the great indicator! I am having a problem, though. I can't get the price markers to work. I set price mar
kers on "true" and they do not appear. Thoughts? I would be REALLY helpful to have price markers. Thanks again for t
he fabulous indicator! SS
May 3rd, 2011 09:33 AM AttitudeTrader Thanks! Perfect for what I needed.
-AT
September 9th, 2010 02:38 PM theucreport
June 23rd, 2010 05:24 PM ValLiant exactly what i am looking for thanks for posting!
May 5th, 2010 07:03 AM mata Thanks for the helpful tool and it works with NT7