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XTL - eXpert Trend Locator

XTL is an indicator that originally was introduced in eSignal Advanced Get. This a version that approximate in a good way the original version (which formula seems to be secret and not shared by eSignal company). It helps you to easily define in what kind of trend you are.
Its calculation is based on CCI and a fixed value of that indicator:
- if CCI value<-fixed value you're in a short trend (red bars);
- if -fixedvalue<=CCI<=+fixedvalue you are in a non trend/flat period (black bars);
- if CCI>fixed value you're in a long trend period (blue bars);

In this version created by me you can customize:
- the fixed value (standard setting is 37)
- CCI period (stardard settings are 21 or 35)
- uptrend/flat trend/downtrend bar color

Very useful if used on tick chart or range bar chart

v 1.00 2015 Jul 8 - First Release, no bugs
v 1.01 2015 Jul 14 - Added Public Indicator Value String

Category NinjaTrader 7 Indicators

Details: XTL - eXpert Trend Locator
Category: NinjaTrader 7 Indicators

July 8th, 2015
Size: 6.01 KB
Downloaded: 1547 times

Keywords: extreme locator ninjatrader trend xtl

Comments/ratings

cooldo July 9th, 2015 04:39 AM

No Comment

stef July 9th, 2015 11:55 AM

thanks !

profound July 11th, 2015 02:07 AM

thanks

Buscador July 12th, 2015 07:58 PM

Many Thanks.
Could you please add the definition of TGT ?

gann03 July 13th, 2015 06:17 AM

thanks

theidman July 16th, 2015 03:32 PM

Thank You

Portland July 20th, 2015 10:31 PM

Thank you sir!

elitecamper August 6th, 2015 09:03 AM

Thank You for sharing. Neat Indicator.

Kingsley September 20th, 2015 08:36 AM

Good job. Many thanks!

gringa October 4th, 2015 10:46 AM

Thanks, very helpful.

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