gbAvgHiLoPivot, Ver 1.1, TraderGB, June, 1 2021 Thanks to BobC for testing[ Important Update Ver 1.1...see updates below ]
Description:
This is an original indicator born out of curiosity and experimentation. It simply averages the pivot swing highs as one plot and does the same for the pivot swing lows. Once adjusted, the two plots should provide a solid reference to compare price action against. The swing size is adjustable and you get to choose how many of the most recent pivots you want to average. It’s a SMA of two of the most important data points of the price structure, the swing highs and swing lows.
Parameters:
* Span: defines the swing size (default = 7). The smaller the number the smaller the swings and the larger the number the larger the swings.
* PivotsToAvg: the number of the most recent pivots to average (default = 5, range from 1 to 99).
Plots:
* AvgPivotHi is the average of the last N swing pivot highs.
* AvgPivotLo is the average of the last N swing pivot lows.
* AvgPivotHiLo is the average of both the last N swing pivot highs and lows.
If trend shading is enabled, the following trend rules apply:
* To change to an UP trend: 2 consecutive lows must print above the average swing high plot, AvgPivotHi.
* To change to an DOWN trend: 2 consecutive highs must print below the average swing low plot, AvgPivotLo.
Suggestion:
* Set Span and PivotsToAvg to where the indicator hugs the price action in an up/down trend.
* Play around with the settings to discover the indicators benefits and limitations.
Included sound files for alerts (place in NT sound folder):
AvgHiLoSwingTrendUp.wav
AvgHiLoSwingTrendDown.wav
Updates:
2021-06-01 (Ver 1.1): Corrected bug in script where array list disallowed duplicate pivot values for both pivot highs and lows. This would cause the average to be incorrect if there was say two or more pivot highs or lows with the same value within the number of PivotsToAvg.
2021-06-24: Up loaded missing WAV files (look within zip file for WAV files).
May 24th, 2021
Size: 243.89 KB
Downloaded: 1222 times
2380
TraderGB
gbVolumeReversal, Ver 1.1, TraderGB, May 23, 2021 [ Updated ]
Description: This was my attempt to reverse engineer through trial-and-error Mark Leibovit’s volume reversal and volume sequential indicator. The calculations for this are unpublished and remain proprietary. This was first done about six years ago when I had access to the indicator with recent price action and simply messed around with price and volume until matching all the signals. Within this indicator I put a divergence signal, which is not part of Leibovit’s work. I personally don’t use this indicator, but some may find it useful.
References:
The Trader’s Book of Volume, The Definitive Guide to Volume Trading, Mark Leibovit, 2011, p 255-262
The Encyclopedia of Technical Market Indicators, Robert W. Colby, CMT, 2003, p 778-780
Updates:
Ver 1.1, 2021-05-27: Included options for each of the two text labels be optional (requested by chartman). Note, if you have 'Show Sequential VR Text' checked but not "Show Sequential VR", Sequential VR text will not appear.
May 23rd, 2021
Size: 4.71 KB
Downloaded: 1267 times
2379
TraderGB
gbPriceActionSwingKeltnerTrend, Ver 1.0, TraderGB, May 19, 2021
Description: This is a modified version of gbPriceActionSwing requested by TraderG so it could be used in Market Analyzer. It provides a single plot called KeltnerTrend to indicate trend direction. It also colors the background based on trend direction. In addition, it provides sound alerts as an option.
If KeltnerTrend = 1 the trend is up
If KeltnerTrend = -1 the trend is down
Note, the option 'Show Plot' must be checked to show this on a chart or if using Market Analyzer.
Important Notes:
1) If you use this indicator with Market Analyzer, make sure you check 'Show Plot'.
2) If you use this indicator on a sub-panel of a chart and want to see the plot, check 'Show Plot'.
3) If you use this indicator for background color only, uncheck 'Show Post' and put it on the price-panel.
This comes with two wav files: KeltnerTrendUp.wav and KeltnerTrendDown.wav
If you choose to use these wav files, place them in the NT sound folder.
May 19th, 2021
Size: 282.74 KB
Downloaded: 824 times
2377
TraderGB
gbCloseOverCloseTrendMap, Ver 1.0, TraderGB, May 19, 2021
Description: Compares the current close to the closes of each of the last N-bars, where N is the number entered for Lookback. The top line of the trend map is colored green if the current close closed above the close one bar back and red if it closed below. The second line of the trend map follows the same color scheme but for two bars back, etc. This is done for N-bars back. I don't really care about a close that's the same as a close N-bars ago so I just assigned these to the downtrend.
The separate plot above the trend map is an indication of the trend. It switches to an uptrend if the current close is above all N previous closes and switches to a downtrend if the current close is below all N previous closes.
There is a separate transparent plot called TrendValue that can be used for those wanting to include this in Market Analyzer. A value of 1 indicates an uptrend and a value of -1 indicates a downtrend.
This script is dynamic with respect to the number of plots that appear in the trend map. If you enter 5 for the Lookback, you will get 5 lines in the trend map. If you enter 10, you get 10 lines, etc. The indicator allows a Lookback of 20 max, which I consider more than enough. But, if you do want more plots, feel free to modify the code to allow Lookback to take a higher max value. Keep in mind that there will be a plot for whatever number you choose. For example, if you change it to a max of 100 and enter 100 as the Lookback, you'll get 100 plots. I wouldn't go to crazy here so use whatever you think makes sense for your application of the indicator.
The order of the closes in the trend map are in descending order from the top down. This means that the top line of the trend map will be the Close status 1 bar back. The second line will be the Close status for 2 bars back, etc. The last line will always be the most distant Close. For example, if you enter 10 for the Lookback, the last line of the trend map will be the status of the current Close relative to the Close 10 bars back.
Special Note: Although this indicator has in its name "CloseOverClose" it actually uses 'Input' rather than 'Close' as the input series. What this means is that you can feed most indicators into gbCloseOverCloseTrendMap to get a trend map of that indicator. For example, instead of using Close as the input series, let’s say we use the Fisher transform to get a trend map of the Fisher transform. You can do this same thing with a moving average or any other indicator that seems logical for doing this. In a generic sense, the indicator is just comparing the current output with the output of 1-bar ago, 2-bars ago...N-bars ago. The detail of all these comparisons is shown in the trend map and summarized in the overall trend plot.
May 19th, 2021
Size: 3.66 KB
Downloaded: 706 times
2376
TraderGB
gbFisherTransformMTF, Ver 1.0, TraderGB, May 17, 2021
Description: Multiple timeframe Fisher transform. Option to blend chart and additional timeframes and assign weighting.
Paramters:
Period - Period for Fisher transform on both timeframes (chart and additional timeframe).
Timeframe Paramters:
Enable - Enables additional timeframe Fisher transform (default = true). If false, it uses only chart timeframe.
Bar Type - Type of bar to use: Month, Week, Day, Minute, Range, Second, Tick, Volume, Renko, Delta (default = Range)
Bar Value - Bar value to use (default = 6)
Avg with Chart Timeframe - If true, averages the chart and addition timeframe Fisher transforms (default = true)
Weight for MTF - Weight given to additional Fisher transform when blending with chart timeframe (range: 0 to 1, default = .5 which gives equal to both)
Notes:
1) Delta bars are included in this indicator but can only be used if you have them installed.
May 17th, 2021
Size: 7.92 KB
Downloaded: 457 times
2375
TraderGB
gbHiLoIntradayDaily, Ver 1.0, TraderGB, May 11, 2021
Description: Plot of daily high, low, midpoint, and upper/lower quarters. Sounds alert when a new daily high or low is made.
Includes two WAV files: NewDailyHigh.wav and NewDailyLow.wav
This is to be placed in the NT8 sound folder (usually C:\Program Files (x86)\NinjaTrader 8\sounds).
May 11th, 2021
Size: 122.25 KB
Downloaded: 511 times
2368
TraderGB
gbHiLoIntradayWeekly, Ver 1.0, TraderGB, May 11, 2021
Description: Plot of weekly high, low, midpoint, and upper/lower quarters. Sounds alert when a new weekly high or low is made.
Includes two WAV files: NewWeeklyHigh.wav and NewWeeklyLow.wav
This is to be placed in the NT8 sound folder (usually C:\Program Files (x86)\NinjaTrader 8\sounds).
PriceInfo displays information about the instrument and the current position for the instrument and account. Profit and loss (PnL) includes commissions when detectable.
- Instrument quote (bid price)
- Instrument spread / previous bar size in ticks
- Instrument Average True Range (ATR) / $ value of 1 ATR
- Position PnL for account / PnL for chart instrument
- Position PnL for account / PnL for chart instrument
- Account position maintenance margin used / intraday margin used
September 29th, 2021 12:40 PM jmont1 Excellent but 5 stars if added time in trade. Excess Intraday Margin info is more important than margin used. Check box
for showing bottom panel and for showing margin used also would be good. THANKS!