Guys I paid for this indicator to be developed.
It’s basically a hidden automatic “stop order”
I call it my failsafe loss limiter, as when trading using NT8 I have a bad habit of removing the visible stops on the chart at times to give a trade room to breathe and then every so often I end up getting run over by a sharp move and I wanted to prevent that from happening. Stop the bad habit so to speak. So i had this indicator developed which could run in the background.
Basically you attach it to your chart like any other indicator, set your amount of ticks stop loss in the settings and away you go. Then whenever you place a trade via NT8 chart trader and forget to use a stop, when your set level/amount of ticks against you is hit, you will be stopped out automatically.
Now, forewarning:
When I used the indicator it worked well but then there were a couple of issues:
1. At times, when say I had it set to 16 ticks stop loss and I wanted to change my mind and I changed the set level to say 12 ticks in the sttings, even though I changed it in the indicator settings, the original set level was filled, not the new level.
And,
2. When I remove the indicator from the chart, the auto stop would still function and I’d get filled even though I had removed It from the chart. It only removes from the chart when I removed the actual indicator from the ninjascriptor editor indicators list.
Both of the above shouldn’t happen.
I asked my programmer to look at this, but he couldn’t find anything wrong in the programming. So if any of you programmers on here would like to use the indicator and maybe give it a test and fix the above issues if you have them I think it would be helpful indicator for NT8 users.
I really liked using this indicator as it forces my own limits upon me and saves me from my own bad habits of moving / removing stops.
Although sometimes you do have to change the stop size due to changing market conditions/volatility.
Guys I paid for this indicator to be developed.
It’s basically a hidden automatic “stop order”
I call it my failsafe loss limiter, as when trading using NT8 I have a bad habit of removing the visible stops on the chart at times to give a trade room to breathe and then every so often I end up getting run over by a sharp move and I wanted to prevent that from happening. Stop the bad habit so to speak. So i had this indicator developed which could run in the background.
Basically you attach it to your chart like any other indicator, set your amount of ticks stop loss in the settings and away you go. Then whenever you place a trade via NT8 chart trader and forget to use a stop, when your set level/amount of ticks against you is hit, you will be stopped out automatically.
Now, forewarning:
When I used the indicator it worked well but then there were a couple of issues:
1. At times, when say I had it set to 16 ticks stop loss and I wanted to change my mind and I changed the set level to say 12 ticks in the sttings, even though I changed it in the indicator settings, the original set level was filled, not the new level.
And,
2. When I remove the indicator from the chart, the auto stop would still function and I’d get filled even though I had removed It from the chart. It only removes from the chart when I removed the actual indicator from the ninjascriptor editor indicators list.
Both of the above shouldn’t happen.
I asked my programmer to look at this, but he couldn’t find anything wrong in the programming. So feel free to use it and if any of you programmers on here could maybe give it a test and fix the above issues if you have them I think it would be helpful indicator for NT8 users.
I really liked using this indicator as it forces my own limits upon me and saves me from my own bad habits of moving / removing stops.
Although sometimes you do have to change the stop size due to changing market conditions/volatility.
This is just a quick fix to mkHarmonics to fix an XML save issue preventing the indicator from staying on a chart after exiting (but saving). It also was causing an error if you tried to save the settings presets.
I simply added [XmlIgnore()] and commented out [NinjaScriptProperty] for all the brush and font properties.
The original copyright is @mk77ch for the NT7 version. The NT8 conversion from: @psytopy.
So there was this indicator on ThinkorSwim I liked and I knew it was moving averages but it took me awhile to figure out. ( I'm not a programmer) Here is the xml so you can have it also. The reason I like it is because the two sets will gap apart when trending. For me, it gives me a clear picture. You must have EMASlopeColor for it to work found here.
Download file: Then place the file in File>Documents>Ninjatrader 8>Templates>Chart
This is Version 1.2
Because the first had the data series set to "Default 24 x 5". This causes tick chart candles to be
wrong. Special Thanks to @MiniP for pointing this out, and @bobwest for fixing it.
If you downloaded the first Skid Trender chart, change your settings in Data Series to "Use Instrument Settings"
this fixes the problem. Added Priceline to this .XML version.
November 10th, 2018
Size: 58.60 KB
Downloaded: 1729 times
2016
Skid
For my trading i make use of two different fib retracement templates.
One template with the 50% and 61.8% retracements, and a 2nd template with the wolf range to determine the market geometry. Although ninja supports templates for the fibonacci levels, this requires me to select the correct fib. level template every time i want to draw one of them.
To make live easier i made a copy of the fib. retracement drawing tool, modified it so it uses the the wolff range settings by default. That way i don't have to switch templates anymore and i can just select the normal fib tool for my 50%/61.8% retracements and the wolf range drawing tool for drawing a wolf range
Offcourse you also adjust it and use other retracement templates as you like.
November 5th, 2018
Size: 6.67 KB
Downloaded: 632 times
2015
erwinbeckers
The general idea was to better clarify both entry and exit points.
So I created a combination Bollinger Bands and Pivot Points indicator, but utilizing the MIN and MAX functions in order to eliminate the smoothing that comes with Bollinger Bands. By doing so market fluctuations are (for me at least) more clearly defined.
Though I mostly use range bars other bar types also work well.
It is not unusual for me to "turn off" the bars themselves by making them transparent. Much less distracting clutter on the screen and I like things simple.
However, early on it is best to leave the bars visible in order to fully understand the various patterns created by the indicator. Whether in chop or a trending market certain patterns quite often become obvious. And those patterns repeat time and time again.
Ninjatrader comes with a built-in risk/reward drawing tool.
However i like the one from tradingview much better
This drawing tool adds a tradingview look-a-like risk/reward tool to ninja trader for both long and short positions
When placing a R/R drawing tool on your chart you can move it around, drag the stoploss/target to its correct price levels and the risk/reward ratio will be updated in real time
After installing you can find the risk/reward tools under the drawing tools menu.
There's a long position tool and a short position drawing tool
Note you can assign keyboard shortcuts to the risk/reward drawing tools using the tools->Hot Keys menu.
3-11-2018 : version 1.0.0.0 5-11-2018 : version 1.0.0.1 bugfix to make it work with all instruments
November 3rd, 2018
Size: 4.32 KB
Downloaded: 2662 times
2012
erwinbeckers
For my trading i make a lot of use of the $TICK. Sadly though.. ninja brokerage does not supply a really good $TICK index.
So until now i always had a web browser open showing tradingview's $TICK in the bottom left corner of my screen.
It worked.. but i had to open the web browser every trading session, scale it and move it to the correct location on my screen.
So to make life easier , i created this add on.
This add-on adds new menu item to New menu called $TICK.
When you selected it a new ninja trader window opens which shows the $TICK from tradingview.com.
Since it's a ninja window , its part of your workspace and ninja will automaticly open & position it the next time you startup ninja again.
Note.. by default you will see the light skin (white color) of trading view.
But since the $TICK window is just hosting IE as a webbrowser you can interact with, and login into tradingview right from the $TICK window it self. After logging in with your credentials you can right click on the chart to choose the dark skin as you see in the screenshot
November 1st, 2018
Size: 1.89 KB
Downloaded: 801 times
2011
erwinbeckers
Is there anyone that can code the Ninjatrader7 indicator named "RulerV4" by MBAgearhead. He did a fantastic job
and this indicator is invaluable. It is exactly what many of us were looking for. If you havent used it, everyone should
take a look. However, I am also transitioning to Ninjatrader 8 and would very much love it if someone could code that
indicator for Ninjatrader 8....that would be so awesome !!!
January 29th, 2020 02:33 PM mangustas I'm having an error saying that the browser is not supported. I've checked the settings, my default browser is chrome an
d TW is working fine on chrome but it's having trouble with this one.
April 11th, 2019 06:13 PM Malthus Great
November 7th, 2018 10:00 AM brettji Thanks for the submission. works great
November 7th, 2018 02:01 AM Ratdog So cool. Now I can see when my TV strategies fire and won't have to track via Chrome, hahahah awesome man thanks!!
April 11th, 2019 04:07 AM Maxie especially for the big overview a great indicator
thank you
December 14th, 2018 06:19 PM topdogtony Hi I know you put alot of work into this but i am not getting the same chart as the one in the picture i followed all th
e steps it just shows horizontal and vertical boxes on the screen with yellow doted price line, please advise.
November 28th, 2018 09:36 PM lager2 Nice! Name matches the action. Thx
November 15th, 2018 06:43 PM JustinIsHere @agan1337: Create a new chart, right-click on the chart, go to 'Templates', select 'Load' and select 'Skid_Trender'.
April 10th, 2019 07:55 AM Brian Davies This is great! Best loaded onto one chart only as it functions on the chart trader. I would also like similar in
dicator, which limits daily max loss by account. Any suggestions anyone?
February 12th, 2022 11:35 AM zoomie Very nice...Thank you
June 28th, 2020 09:17 PM naphtalicapital Bob,
Thanks for the congestion indicator. Really a great job. My concern is that each time the green or red bx appears the pr
ice is already moved 4 or 5 points. So it really lagging price. So if you have a 5 choppy ziz zag move, you are out of m
oney 20ticks in each move. Is there a way to adjust the parameters to have the boxes appear sooner? If this can be done,
that will be a home run.
thanks
May 23rd, 2020 04:40 AM ZivG This is totally awesome. How can we use it in NinjaScript or a strategy? What's the signal that tells us when the box is
done forming?
THANK YOU --
Ziv.
November 1st, 2019 09:01 AM justtrader Very useful
September 27th, 2019 05:17 PM Bullywig Is there a way to assign a value to the boxes? For example, 1 for a green box broken to the up side, and -1 for a broke
n red box to the downside so it can be called in a strategy?