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ADXVMA_Color_Bands
R7: 2/28/2022: I normalized Bands to accommodate fractional TickSize.
R6a: 6/23/2021 - Fixed the background not shading properly and the column number setting.
R5: 1/27/2021 - Added the calculation and display of the range from High to Low inside bands.
R4: 4/10/2020 - NT made some changes that caused errors with some indies. I took care of the error with this rev. When the button hides the indie, you need to hit f5 to hide the background color. If someone knows how to fix this... let me know.
R3:12/20/2018 - I added a switch to show or hide the indicator. I renamed it to ADXVMAButtonBand.
R2: 9/23/2018- I noticed a small error when displaying the Period in the title block.
R1: 2/22/2018- I found an error in how larger user inputs were being handled for the volatility band multipliers. If you were using < 4 multiplier, then you will not see a difference.
Hello Traders, I have added color and Volatility (Keltner-esk) Channels to the popular ADXVMA. You can select your colors for an Up trend, Down trend or Neutral. The Keltner Bands can be colored and set to the multipliers that you prefer. In the picture, the ADXVMA is set to 5 periods and the bands are set to 1.5 for the inner band and 2.5 for the outer band. The background can also be shaded to same colors as the lines.
Many Thanks to Zondor for the original NT8 coding of the ADXVMA.
Trade Well
Bob
Category NinjaTrader 8 Indicators and More
1838
bobc635
Comments/ratings
TexNinja September 18th, 2020 05:30 AM
THANKS!
Pocketful August 5th, 2021 05:59 PM
Thank you Bob for demo in webinar. I use a fib trend indi and always liked the ADXVMA. Now I'll compare with the bands.
billbo March 19th, 2022 10:48 PM
Hi Bob,
great indicator. Was wondering if you could could make a verssioin of the indicater so that a third party indicator like markers plus can copy lines to make an semi auto entry. thank you Bill