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eco2 new sharky's package

The ECO2New2 is a Momentum Oscillator that is not affected by opening gaps. See William Blau's Momentum/Direction/Divergence book.

Trading Ergodics with the Trend - Rules:

1. Enter or hold position only when slope of ECO2New2 Signal line has the same direction as the trend
2. Stand aside when slope of ECO2New2 Signal Line is in the opposite direction of trend
3. Enter or exit position when ECO2New2 and its Signal Line cross
4. Take note when the ECO2New2 is 'inside' it's signal line. This indicates failing momentum. This is what the magenta dot signifies.

Author: Zoltran
The original Ninja forum thread: https://ninjatrader.com/support/forum/showthread.php?t=3693&highlight=eco2&page=11

COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0.0.13: YES Jura

Category NinjaTrader 6.5 Indicators NinjaTrader 7 Indicators

Details: eco2 new sharky's package
Category: NinjaTrader 6.5 Indicators NinjaTrader 7 Indicators

June 12th, 2009
Size: 6.51 KB
Downloaded: 4071 times

Keywords: blau zoltran sharky ninjatrader eco

Comments/ratings

bleijendaal December 28th, 2009 11:19 AM

I like the Blau Candlestick Oscillator Ergodic for future trading at range bars.
Are the settings optimized for minute charts as well as range bar charts?

dreambig June 30th, 2010 09:14 AM

thanks sharky, was looking for a way to color hist over "0" and below "0"

db

Southsea September 7th, 2010 10:09 PM

Thanks! Does this indicator repaint?

kk240 December 22nd, 2010 10:51 AM

Just great !! I use it for direction NoGapRangeBar 15

neilzep February 10th, 2011 03:36 PM

No Comment

DanTenn June 4th, 2011 10:02 AM

Thank you for adding this to ninja 7 I have always liked watching the Blau indicators!

visionone September 24th, 2011 11:51 AM

No Comment

jlwade123 November 6th, 2013 08:37 AM

Nice indicator!

Portland July 17th, 2015 02:47 AM

No Comment

Maikell May 21st, 2017 10:34 PM

Good one, Thanks!!

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