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The Time of Day....I use this mostly to help me remember when its getting close to the "News" window, even if there is no news that day the markets still can act differently, so I try and avoid trades at that time.....ALSO perhaps the bigger reason I try and put it in most of my templates is for my visual back testing....By having the colors at the bottom as I scroll back through the days faster, it helps me find the open, news, early morning and late morning....as the day goes on I tend to see the same things happening day to day around the same time, or in the same color zone.....
I started to watch the ATR when I was trying to find a way to get better/larger profit targets...what I may get programmed into the indicator is an automatic PT plot, (as shown a few pages back) so what I do is take the ATR of the bar that I get filled on, then just round it to the nearest tick....so .678 I would use 6 or 7 ticks as my possible profit target from my entry, say a 1.45 I would try and get 10 or 11 ticks. Of course use a little judgment with say trying to break double tops or bottoms...etc. This is just a way I am thinking about taking the volatility of the market at the time of entry to get a possible profit target larger than the comfortable 3-6 ticks I tend to take.
Now for the vertical ADX lines.....I think you are talking about the vertical back ground color plots.....the color of those plots are taken from the color of the ADXVMA line at the time a price BO happens, the color of that plot line is based on a trend direction or a neutral trend ADXVMA color. IF the line is trend color Up at time of qualifying bar then it plots the Early Entry color BGC, if it is Neutral at the time of the qualifying bar then it will plot the Normal Entry color BGC plot and opposit for shorts..... If you make the ADXVMA input a larger number, smoothing the line, then you tend to get more "Normal" entry BGC plots, if you make it a smaller number then you tend to get more "Early Entry" BGC plots.....Depending on your chart and where you tend to "see" the majority of the trades getting a good fill at (from the "Entry Plots"), this is how I can get the BGC plots to show me what box to click on to place my order at the location I want. Now you can change the offset ticks in the input section to be what ever you want, so depending on the market you are trading the the chart, you should be able to get something to work. Once I find the settings I am comfortable with I tend to make the ADXVMA line "transparent" in the settings so it doesn't distract me, but for visually back testing the chart it comes in handy.
This is my chart for the the rest of the day....looks like I gave up on the market too early. I might have to get the idea out of my head that I can't trade after @9-10am my time.... In my visual back testing of this line break chart, I think I could trade anytime of the day or night if a signal presents itself. This will take some getting used too, but I do like how this chart looks....
The circles are possible entries, not everyone retraced back to an entry dot, but a market order, or limit at the close of the qualifying bar should get you into every one of these trades....
Hi,
I'm trying to import rwbHA but get an error, "Import Failed. The NinjaScript Archive File may contain duplicate method names that already exist on your PC or there is a required file missing on either your PC or in the import archive".
I then unzipped the file and copied the individual .cs files into ninja and tried to compile. I then get this error for the RwbHA, "DisplayLocation does not contain a definition for "Chart_Panel"". I have no idea what this means or how to fix it. Can anyone help? Thanks
As you can see I am really kicking myself right now for now sticking with my trade! I know better, I am still a trader that thinks I have accepted the Risk, but sometimes I REALLY dont, and I exit early. The only thing I can say is, I started to see a few larger bars again, again it started around the 1400 area and I started "thinking" again, and exited early. Other than the larger bars, visually and the colors were not showing a reversal, that is really the reason I am mad at myself today.
My wife has the day off so we are going out before I leave on Wednesday....
Good trading and I should be able to post again on Thursday...
I emailed the programmer that jw put me in contact with but haven't heard from him yet. If I can get it fixed I'll definitely let you know the solution.
On my computer it runs fine, the files under....Documents, NinjaTrader7, bin, Custom, Indicator.....scroll down and make sure you only have "RwbHA.cs" and "RwbIndicators.cs" (at least thats all I have in that file location). Anything extra under the "Rwb..." move into the Recycle bin, you can always bring them back later if this doesnt help.
Next under Tools, Edit Ninja script, Indicator... I only have "RwbHA" and "RwbIndicator" anything else there under the Rwb... move to the recycle bin....
I had a "RwbLibrary.cs" in one of those locations that is now in my recycle bin...????
Hope that helps, the other option might be to put all those files in the trash and then import the indicator again???
I can't even import the zip file because I get errors. That's why I opened up the zip file, copied the individual .cs files and tried to compile them individually. I got errors doing that as well. Most likely there is a conflict with something else that I have installed but haven't been able to figure it out yet. Thanks.
