This is an indicator that looks for higher highs and lower lows. Inspired by John Carter's TTMScalper. Found on the NT forum. It's plotting price action based on higher highs, and lower lows.
If, used on it's own, it will give a lot of false signals, therefore it is recommended to be used in conjunction with other stuff that fits your trading stile and that's confirming your set-up.
To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
The Scalper indicator uploaded by alrhai repaints. In order words, The indicator identify reversal bar with future bars. I modified Scalper to Scalper_RT. The new Scalper_RT has the same logic as the old one for identifying reversal bar, but disable repaint function, and draw arrow in real-time.
Guys, I'm posting this here because I find it to be an absolutely fantastic pivot indicator. this is the version for Ninja 6.5.
Exported using NT Version 6.5.1000.14, will not run on NT 7
Give all credit and thanks (and questions) to Harry on the Ninja Trader Forum, I've been using these for quite some time and they are brilliant.
The download file reads SessionPivotsV5b, because is it automatically renamed by the forum software, inside you will find version 8.4
Family of Indicators for display of current day, week, and month OHLC, daily, weekly and monthly pivots.
Version 8.4 includes Fibonacci Pivots
Includes a number of options such as floor pivots, Fibonacci pivots, Camarilla pivots, Woodies pivots, VWAP of prior session and midpivots. The indicators work on fixed period, tick, volume and range charts.
Right side chart margin: Please set the right side margin under chart properties to at least 100 to allow for correct display of labels.
DailyBars mode: Quick and easy solution. If supported by your data supplier you may get the settlement price instead of the close. Sessions are only needed for locating lines horizontally. In Dailybars mode you will usually get full session pivots.
CalcFromIntradayData mode: More options, but pivots will be false, if you select the wrong session for the chart. In CalcFromIntradayData mode,
session end time under chart properties should be ideally identical with session end time chosen for the indicator (to compare convert session end time of indicator to PC clock time).
Session times: Pivots can be calculated from daily bars or from intraday data. In both modes enter session times via indicator panel to allow for correct display. For predefined markets enter session times in the timezone of the exchange, for all other markets set indicator to local mode and enter session times in the timezone of your PC clock. For predefined markets adjustment for daylight saving time will be automatic, in local mode you have to do this manually.
Supported markets: CME (ES, EMD, NQ, YM, ZB, ZN, ZF, ZT, 6A, 6B, 6C, 6E, 6J, 6S, ZC, ZL, ZM, ZS, ZW), NYMEX(CL, QM, HO, RB, NG. GC, SI, HG), NYBOT (TF, CC. CT, KC, SB) EUREX (FDAX, FESX, FGBL, FGBM), IPE (COIL, GOIL) and FOREX. For all other markets and instrument the indicator will only work in local mode.
Intraday sessions: For some special applications (Pivots based on night session, opening hour or any intraday session) you may haveto set IntradaySession mode to true to avoid 24 hour delay of display in some cases.
Example how to use: ES futures
(1) In CalcFromIntradayData mode it is recommended to set the session times under chart properties first. The session times needs to be entered in time of your PC clock. So if your PC clock is Eastern Time (New York) you would enter session begin = 4:30 PM, session end = 4:15 PM. Pivots will be accurate, if you enter session times here. For "DailyBars" and "UserDefinedValues" mode this is not required.
(2) For full session pivots (ETH) you will now enter the session times via indicator panel. This is (for CME you have to use Central Time) session begin: 3:30 PM, session end 3:15 PM, session break: 15 minutes. Full session pivots can be calculated from both daily data or intraday data. Some data suppliers use the settlement price for daily data, so you would get based pivots based on the settlement price in "DailyBars" mode.
(3) For day session pivots (RTH) you need to select "CalcFromIntradayData" mode and enter session begin: 8:30 AM, session end 3:15 PM and session break: 15 minutes.
Graphs ATR (green line) and the size of the corresponding bar in yellow ( |High-Low| ). Can be useful in determining if a signal bar of large enough to take by visualizing it's size relative to ATR. Was introduced here.
November 7th, 2010
Size: 5.72 KB
Downloaded: 254 times
716
TraderAZ
Exported using NT6.5.1000.9
This is a MOD of the SMARSI indicator that will plot RSI dots on a SMA when RSI is above/below the alert level.
The basic indicator has four inputs: the SMA setting (default is 21 period), the RSI setting (21 period), and the upper and lower level alerts (set at 43 and 57).
The MOD on this indicator is the addition of BLACK background dots behind the RED or GREEN dots when the RSI condition is TRUE (showing market pressure) AND Stochastics has made a pullback in the opposite direction.
The appearence of the BLACK background dots will alert to a pullback in a trend OR the end of a trend.
The Stochastic used in this indicator is the Double Stochastic Mod. The default setting for the Period is 10 and the EMA is set to 2. These settings are designed to catch fast pullbacks.
In addition to these settings are the upper and lower level ALERTS (default settings are 20 and 80).
All settings can be changed in the Parameters section.
The RSI 'dots' will only print when the SMA is Rising/Falling in the same direction as the trend (borrowed from jabeztrading's MOD).
V2 Edit The only change is in the parameters section, now the inputs are coded in order.
To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
June 24th, 2015 05:50 AM sam8 Thanks I love it. It helped me out today already
May 28th, 2012 09:10 PM caryn23
August 8th, 2011 11:21 PM leon3456 Very usefull indicator, thanks for sharing
March 8th, 2011 08:21 PM jwhtrades I love this indicator. Would like more info on the color variants. I'm using with PPO and find it a great help. Is th
ere any additional info on it's derivation? Great job!
August 30th, 2010 05:21 AM Trendseek Works also with NT7
Nice Indicator - but the mathematics is a little bit tricky to understand!
July 8th, 2017 01:22 PM Maxie A great indicator (still), I use it with 123-RossHook
May 4th, 2016 04:39 AM romus
May 11th, 2013 02:58 PM dnkhoward2 This thing is pretty amazing on practically all timeframes. Thanks
March 13th, 2013 01:33 PM nicosxm Could be interesting, but not sure of the exactitude for NT7 as I keep having to install and uninstall to re-install....
....possibly needs updating
March 17th, 2012 03:27 PM solondon very nice, applies to bigger time frames too as it uses fractal/swing high lows
November 14th, 2010 03:10 PM jabeztrading Ok. I posted the modifications. I hope it can help someone or even make it better.
November 12th, 2010 02:32 PM TraderAZ to jabeztrading...please feel free to post your 'mod'. Would really like to see you version...sounds interesting!!!!
November 11th, 2010 03:23 PM jabeztrading I like this indicator in that you can visually identify the RSI oversold/overbrought conditions on the price chart inste
ad of looking below. It does work in NT7. No need to convert, just import. I had modified it a bit to include another RS
I setting that is faster but only show extreme OS/OB levels based on sloping SMA. I'm willing to post it if that's ok.
Thanks again
jabeztrading
November 8th, 2010 12:00 PM TraderAZ sharmas,
My guess is it should easily convert to NT7. As for a 'track record'...this is NOT a trading system, but is best used w
ith a timing indicator on whatever time frame you are trading.
Hope this helps.
Happy Trading,
November 7th, 2010 10:17 PM sharmas Hi
Thank you for this indicator.Can this be converted to NT7 and what has been the track record/rating for this so far
January 19th, 2011 08:14 AM peakskill Very helpful. Thanks!
December 1st, 2010 01:30 PM greathopes Looks fantastic I cant wait to check it out. Nice pullback entry visual. Thanks man!
November 16th, 2010 01:52 PM jabeztrading Looking good TraderAZ. I think you've started something here. Maybe others will come with other ideas and expand on this