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Value Charts V1 NT8b9

Value Charts V1 NT8b9

Promoted by David Stendahl in
'Dynamic Trading Indicator: Winning with Value Charts and
Price Action Profile'.
Popularized by the Hubert Senters from TTM.

Stendahl says:
"Value Charts use
dynamic volatility units to effectively adjust to changing market volatility."

Concept:

The value chart is divided into zones.
4 to -4 is fair value. Avoid buying/shorting here.
4 to 8 is overbought/expensive.
-4 to -8 is oversold/good value.

Strategies are to fade the Value Chart extremes in a choppy market, and to buy dips (-8) in an uptrend.

PDF of Stendahl interview included in .zip file, so you must extract the file first before importing!

Category NinjaTrader 8 Indicators and More

Details: Value Charts V1 NT8b9
Category: NinjaTrader 8 Indicators and More

February 21st, 2016
Size: 248.03 KB
Downloaded: 1874 times

Comments/ratings

mstuhr January 14th, 2021 05:44 PM

The Indicator loads but does not show anything, all is blank.

kcrawford January 31st, 2021 11:03 PM

So....I downloaded your indicator and used it. I love it, its great!

Now, I updated Ninjatrader to the newest 2.0.23.2 and now it prints nothing on the screen at all. Please fix this.

I love your indicator and actually USE it.

fesx March 7th, 2021 07:56 PM

Has anyone gotten this indicator to work with the latest upgrade? I use this in Ninjatrader 7 and was excited to see Ninjatrader 8 now has this indicator. I can see it working in the price marker, but nothing in the main panel. I get an error that states "Error on calling "CalculateMinMax" method.

mstuhr April 11th, 2021 08:34 AM

Just downloaded again and get this error message: This NinjaScript archive was made from an older, incompatible version of NinjaTrader.

randyjb April 25th, 2021 06:42 PM

Sorry, I experienced the same thing. This indicator does not work with the 8.0.24.2 64-bit version of NT8. I directed messaged SIM22 but it seems he has not posted in this forum since around March of 2017 so we may have lost access to this indicator.

ndakotan May 15th, 2022 08:57 PM

The data is calculating the bars, but they don't display. I can see the value moving on the vertical axis, and the bar chart flickers on for a quick second when I change the 'calculate on ' drop down. It seems like a great concept. If someone could fix it that would be awesome.

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