NexusFi: Find Your Edge


Home Menu

 



Categories Help    

 
Trigger Lines 5 *
Exported using NT 7.0.1000.15


This is a simple implementation of the trigger lines which can be used as a trend filter. The trigger lines are composed of a linear regression indicator (LinReg) and a signal line, which is calculated as the exponential moving average (EMA) of the linear regression line.

When the LinReg indicator crosses above the signal line, it is considered bullish, if it crosses below, it is considered bearish.

The indicator allows to select a color for bullish and bearish conditions and shades the area between the trigger lines.

Default values used for the periods are 80 for the LinReg indicator and 20 for the EMA.

Update January 13, 2011: Indicator speed improved.
Update August 25, 2012: Algorithm for draw area improved to work with COBC = false.
Update October 5, 2013: Indicator code modified to allow for correct coloring when the plot is shifted.


Category NinjaTrader 7 Indicators 
 
Suggest other entries I might like
Details: Trigger Lines
Category: NinjaTrader 7 Indicators 


August 25th, 2012
Size: 7.91 KB
Downloaded: 3998 times

Keywords: ema linreg regression triggers triggerlines
Comments/ratings
5 * optntdr13 November 16th, 2010 08:53 AM
No Comment
5 * brevco December 8th, 2010 07:47 PM
No Comment
5 * marxtone February 3rd, 2011 07:24 AM
No Comment
5 * fxwealth88 March 20th, 2011 11:45 AM
thank you. this is a very useful indicator.

fxwealth88
5 * vovan348 March 30th, 2011 10:11 AM
Good job!!!
5 * titantrader April 1st, 2011 06:00 AM
Thank you!
5 * dee50 April 10th, 2011 03:11 PM
Wish I could do what you do. Thank you we would all be much poorer but for you.
5 * gossip in the grain June 6th, 2011 01:16 PM
Excellent help. Allows great shading options
5 * g4400 July 8th, 2011 04:20 PM
No Comment
5 * wireford September 4th, 2012 11:34 AM
Once again a great one.

 
Sort by

 




© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top