This file can be used if you are experiencing problems running the ADXMA with a value of 1. This was the version that first came out with Mike DoubleMA. Somehow in the following versions a gremlin crept in the would cause the ADXMA to flat line if you chose a value of 1.
THIS IS A INDICATOR THAT WILL GIVE YOU AN OPEN RANGE BREAKOUT ZONE YOU CAN SET IT TO ANY TIME YOU LIKE FOR YOU'R RANGE LIKE 30 MIN,15 MIN 2HRS ECT ECT...I THINK IT BEST TO SET IT LIKE 30 MIN OR 15 MIN <SAY THE MARKET OPENS AT 700AM SO SET IT FOR 630 OPEN-701 CLOSE THAT WILL GIVE YOU A 30 MIN RANGE> THEN ENTER YOUR TRADE WHEN YOU BREAK TO THE TOP OR BOTTEM OF THE BLACK LINES USING YOUR OTHER INDICATORS OF CORSE THANKS AND HAVE FUN...SHARKY
THANKS TO RICHARD AND ZELLER FOR THE HELP
This is an Open Range indicator that starts from the previous day. In the example it run from 161500 the previous day to 930 the next day. It looks busy but I can't think of the way to make it looks better, open for suggestions for v2.
Ok this one will plot on today chart only. It is named ORange_OvernightV2 in case you want to keep the V1
you can use it to find ovenight high and low just set end time to zero.
October 19th, 2009
Size: 3.11 KB
Downloaded: 331 times
163
cory
This indicator will show the # of ticks in the last x seconds. At key turning points, professionals will start scaling in and/or reversing. This will cause an increase in the activity in terms of the number of ticks.
When you get a peak, the reversal has probably already occurred, so this is used more to tell you to expect a reversal then it is to time the reversal itself.
Also keep in mind that in a strong move, professionals will scale out of their positions and may have to reverse two or more times (in effect averaging down). This is normal so keep in mind that the signals can be early. If price doesn't react to a signal, expect a another attempt by the pro's. If price doesn't react to the second attempt then the move is very strong.
It only works with tick charts. The lower the tick size the more accurate.
See this blog post for more information including a short video & annotated chart.
History:
20100318 1.0.3
Added paintbar
20100317 1.0.2
Added audio alert
Uses Richard's algorithm which is much more efficient
20100315 1.0.1
Added threshold
Fixed bug where period was hard coded
November 3rd, 2019
Size: 2.43 KB
Downloaded: 23 times
2117
Skidboot
Submitted by tastudios on NT. I was looking for this indicator and thought it might be useful with Gomi's stuff.
Plots the price at which highest number of contracts or shares were traded at any given time. It is also the maximum point on a volume profile. The PVP resets at the start of every new session.
January 29th, 2015 05:45 PM traderx4 Works in Ninja 7 too-Thanks
:-)
December 20th, 2009 02:34 AM cclsys Thanks. I am still hoping someone can find a way to plot the day PVP bar-by-bar. I think this would be extremely helpful
, not so much for live trading but for historical review of methods using current day PVP.