I've got mixed feelings about these since these indicators are really eld files for Tradestation. But since I am providing screenshots that shows them working on MultiCharts I decided to place them in this section.
Big Mike, let me know if this is okay.
Thanks to Blu-Ray at Traders Lab who posed these and these are his comments concerning these indicators:
The attached indicators are:
"BR_CCi : Which is basically a smoothed CCi.
BR_RSI : Which again is a smoothed RSi.
BR_Momentum : Again a smoothed Momentum ( Can't believe people would actually charge for these )
BR_PaintBars : MA based trend bars.
BR_2FastMa's : Self explanatory.
BR_Squeeze : Partly based on the original squeeze ( as we all know it ), but the histogram is defined to show clearer divergences. Also includes CounterTrend and an alternative midline.
BR_HeatMeter : Can you take the heat ! ( well actually it's just a 50 period CCi )"
If you want to see the real thing then go to paintbarfactory.com. If you would like to learn more about these indicators and would like to buy the real thing then go by paintbarfactory.com!
This is my own interpretation of the popular SuperTrend indicator.
It is a function and an indicator, so you can also easily use it to generate signals.
To get the desired Indicator effect and control over plot colors that I wanted, I made Plot1 and Plot2 a real plot so you could precisely control the RGB color. You need to mark these plots as invisible once you setup the indicator! I will provide a screen shot below as an example.
Plot3 is the real plot, and it will be colored based on if trend is up or down.
July 30th, 2020 03:04 PM Prototyper The BR_Squeeze indicator failed to import. MC says there is nothing in the file, even though windows shows the BR_Squee
ze.ELD file is 63kb after unrar-ing it. Please re-upload corrected version.
January 2nd, 2020 05:02 PM pphrdt very nice, is BR_Trend Bars indicator available?
March 15th, 2011 11:12 PM gwchua1976 It's good as a start, I've had problems using it in Tradestation 8.8. It doesn't refresh and disappears from the chart
after a few minutes. I'll try to figure it out, but if anyone else has experienced this maybe we can all help each othe