Login to Download
Trigger Lines (amaTriggerLines)
Version 1.3 September 17, 2017
The Trigger Lines indicator is composed of two lines. The leading line is a linear regression indicator (LinReg). The lagging line or signal line is an exponential moving average (EMA) of the leading line.
This indicator comes with two different options for identifying and uptrend or downtrend:
Trigger line cross: When the leading regression line crosses above the signal line, this is the beginning of an uptrend. Vice-versa the indicator signals a downtrend, as long as the leading line remains below the signal line.
Thrust bars: An uptrend is detected via an upthrust bar that closes and has a median above both trigger lines. A downtrend follows a downthrust bar that closes and has a median below both trigger lines.
The second trend definition adapts faster to changing market conditions, but also produces a higher number of false signals. The trend can be shown via paint bars. The indicator further comes with sound alerts that will signal a trend change.
Category NinjaTrader 8 Indicators and More
1925
Fat Tails
Comments/ratings
bobc635 November 5th, 2017 08:43 AM
Thanks FT !!!
Buscador November 17th, 2017 01:41 PM
Thanks, useful to my type of trading.
ztekinos November 27th, 2017 01:56 AM
No Comment
topdogtony December 8th, 2017 04:34 PM
great will try it out thanks
BoltTrader November 18th, 2018 03:44 AM
Thank you!
Maxie April 4th, 2019 12:25 PM
good indicator, to keep the overview
thanks
tradertom2012 April 19th, 2019 09:14 AM
Thanks
JadeL October 9th, 2020 10:33 AM
Nice! Thank you
jammdou July 30th, 2021 12:53 PM
Thanks for the indicator. It looks like it will be very nice. I have imported it into my NT8 with a message of success yet I cannot find it in my indicator list. Can you point me in the right direction pleaqse to find it in my indicator list?
Many Thanks
Xanadu1 November 23rd, 2021 02:25 PM
This is awesome -thanks a lot.
Does anyone know if such an indicator exists for TOS ?