This is a testing tool for NT 7 which I developed with Trading Coders (I paid for their help - https://www.tradingcoders.com/) for my personal use. It's primarily a scalping tool using a simple MACD cross. There are two additional indicators which are optional: a simple EMA and StepMAV71Sharky which was freely available. Thank you Sharky wherever you are.
It includes a profit target and stop loss. You can also test time of day and has an alert.
You can select to trade long, short or both. I generally test one side at a time. Even when I'm using it in live trading, I insert a long and a short side usually on separate charts and do not use "both". The signals are more accurate.
If someone wants to covert it for NT 8, that would be nice. Let me know if someone does the conversion.
I'm a scalper so I find it useful to test different scalping ideas.
Any questions or comments, please feel free to contact me.
February 12th, 2020
Size: 14.37 KB
Downloaded: 1386 times
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phantomtrader
Hello Traders, Rev 3... Astute trader NgoLimit suggested an enhancement. I have added the ability to change the drawing style.
Rev 2...An astute trader found a slight oversight in the code. The line size went to a fixed width if history was not enabled. I have fixed this. Thanks Aregon!
Rev 1...I have enhanced the capabilities a little. Now you can name the event. In the example, I have the CL Pit Open, the Equities Open and the CL Pit Close. I hope that this is useful for you...
Bob
Hello Traders, Here is an NT8 indicator that marks the pit open, or any other time based event such as a news event or inventory report or the like. It paints a horizontal line from the event and extends for x hours. Since the time can be set, you could use several instances of the indicator for the Open, News Event or whatever you like. You have the Option of turning the text on or off and the option of printing historical events. Since the indicator uses a synthesized 1Minute time base, you can put it on virtually any chart type and the time-price mark will always be correct. I use it for the CL Pit Open and important news events.
April 19th, 2024 09:04 PM racecarjw Redownloading the opening price indicator I acccidentling deleted while cleaning out a bloated indicator file. Thanks ag
ain BobC.
January 15th, 2023 12:23 AM Davydh This is a useful tool except it doesn't let you do midnight.
June 4th, 2022 12:40 PM rjoerosso I am trying to mark the midnight NY time opening bar. My inputs are EventHour = 0 And EventMinute = 0. And nothing s
hows up. Can you help?
September 5th, 2021 02:08 PM bobc635 @BKOp... Hi and thanks for the feedback.... I dont use Bloodhound so I dont know what they are looking for. The line
is drawn from a Draw.Line statement, whose parameters are defined by the AddPlot statement in the State.Configure... P
erhaps in your BH documentation they define what is needed. You can either have a codie that uses BH do the mod for you
, or send me the documentation and I will re-configure the indie to do what they prescribe. Since I dont have BH, you w
ill have to check it out and we will go back and forth to debug it.
Thanks and Trade Well...
Bob
September 2nd, 2021 10:50 AM OutATime Thank so much!
April 19th, 2024 08:36 PM racecarjw I believe this will help in my trading. Thank you for your generosity.
December 21st, 2023 11:15 AM ballhaj very nice
May 15th, 2022 10:06 AM ndakotan will come in very handy. thanks
June 24th, 2021 08:48 PM perdelta Excellent work! As a huge fan of Raghee's trading style and tools I could not be happier with having found your version
of her GRaB Candles and 34 EMA Wave. Thanks!!!
May 1st, 2021 07:44 AM binonut Thanks, this fits well into my current systems and helps immensely when reading a chart quickly.