Original Keltner Channel with Multicoloured Midband according it's slope.
Simple Strategy:
Buy when midband is green (uptrend), and the price exits from channel downside and reenter.
Exit at the opposite band.
Sell when midband is red (downtrend), and the price exits from channel upside and reenter.
Exit at the opposite band.
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
Most indicators out there run on bars. Let’s take a 3-period moving average. You compute it on the Close, the previous Close, and the Close before that. Well, what if you used 3 other values in your average, instead of the last three prices? Like, what if you used the current value of the 2-EMA, 5-EMA, and 8-EMA and computed the average of those instead?
Ehlers uses the 4-RSI as an example application of the Laguerre treatment. Instead of the last 4 Closes, he uses 4 Laguerre values. Using only four values makes the indicator turn quickly, but you can adjust the overall speed of the output via the gamma input to the transform. Pretty neat!
In July, I looked around briefly to see what other Laguerre indicators were out there. Surprisingly, I couldn’t find any. I thought that was strange, because all you have to do is plug in the Laguerre values you need and see what happens. I coded up a few, and found the the Ergodic Candle Oscillator looked pretty good Laguerre-ized.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
This is a slight modification to the original MACD BB Lines indicator.
The defaults are the same.
The changes I made were:
Increase the dot size
Swapped the upper band and lower band colors (upper is now blue & lower is red), Removed the white "background" dot that was displaying behind the MACDBBLine dot.
UPDATED APRIL 10, 2010 - ADDED A "MID-LINE" between the upper BBband and lower BBband
This works in NT6.5
This has not been tested in NT7.0
Updated version of ZeroLag MACD with some enhanced visual flare, zero line is colored based on whether the MACD line is above or below the average line and the overall trend is up or down.
This Macd can let you apply 4 kind of MA(SMA, EMA, HMA, WMA). You can specify each line's MA method. Also there is the threshold yellow line by which you can identify side way of market. If histogram bar doesn't break yellow line for a while, the market goes into the side way. This indicator works on NinjaTrader6.5 and NinjaTrader7.
August 5th, 2010
Size: 9.24 KB
Downloaded: 184 times
585
51friend
This indicator plots the difference between 2 moving averages as a multicolored plot. The zero line is actually the slower of the 2 moving averages. You can select from 6 different moving averages. The screenshot shows the combination of EMA and SMA. So, you can pick your poison.
The multicolored plot is the difference between the slow and fast moving averages. Lime indicates the plot is rising, red is falling, and yellow is flat.
The dots on the zero line tell you the plot is above or below the zero line.
The histogram tells you the slower moving average is rising or falling.
Written by Mike Winfrey, aka Joe Blow, don't remember when I wrote the first iteration. However, this one, Version 1, was completed on May 11, 2010.
Exported 6.5.1000.15
Haven't done anything with NT7 yet. Not worth the effort yet.
Just a note...send a PM to me if you have questions or comments. I won't be notified if you leave a comment here with the indicator and as a result you may never get an answer.
Here is poor man's version of Market Profile. I saw it in the Ninja Trader support forum and thought might be helpful for people who like to see the market profile chart without paying for it. You need to open an intra-day chart (like a 5 minute chart) and then add the indicator. There are settings for begin and end of day session, and display options for just (POC, VAH, VAL) or TPO, etc.
May 30th, 2011 07:58 AM kman There seems to be a market profile/tpo program available for NT 7 but I cant find it.
Anyone know where it is?. The free one. Thanks!
February 19th, 2011 10:32 AM Ronin Downloaded this indicator to my NinjaT. 6.5 but it does not show in the 30 mins chart.Did it stoped working for some rea
son?
Please Advice.
December 9th, 2010 03:21 PM Rick Thanks !
October 28th, 2010 07:11 PM Default User
April 18th, 2010 10:15 AM RJay NT 7 version is now available at the thread link provided in description.
November 26th, 2010 11:56 PM fasttraxs Great indicator I been useing it on a 40 setting for my 4 range scalp trading for trend instead of one 40 line MA that I