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Woodies CCI 5 *
Version. 1.0

This is the popular Woodies CCI indicator, which was made popular by ken wood (25+ years trading experience) founder of the Woodie CCI club which is a large community of traders. There's actually a full system behind this indicator which I have personal never tried but a Google search will present a lot of information on the topic.

This indicator is just a modified version of the original CCI indicator. The CCI itself is a momentum indicator. Such indicators all work in the same basic fashion - plot the difference between a "fast" measure of price and a "slow" measure. In the case of the CCI, the "fast" measure is the price itself, and the "slow" measure is a moving average. Thus when we look at the CCI, what we are actually seeing is a measurement of the deviation of price from its moving average, normalised to fit on a scale of roughly -200 to +200.

Typically, traders of Woodies system trade very short timescales - 3 or 5 minute charts being common. I do NOT trade the Woodies system so I personal can't comment on it.


Category MultiCharts 
 
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April 27th, 2014
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Keywords: cci easylanguage woodies muticharts
BigMike's BMT_Envelop in Easy Language Version 5 *
This is the EasyLanguage version of BMT_Envelop BigMike came up with.

I like the Averages & Fib Levels & since I use Tradestation, here is my version.

I made very minor changes for my use:
1. I changed 76.4% to 61.8%
2. I have commented the 100% & 161% plots (I find scaling of charts an issue with Tradestation)

Either of these changes can be un-commented very easily.

The inbuilt function in TS to get OHLC for the day is based on time so I had to customize to use sessions & have new functions attached as a part of ELD.

Enjoy!


Category The Elite Circle 
 
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Details: BigMike's BMT_Envelop in Easy Language Version
Category: The Elite Circle 


March 27th, 2011
Size: 22.59 KB
Downloaded: 522 times

Keywords: bmt easylanguage tradestation bigmike envelop
DoubleMA
This is a simple port of the famous DoubleMA for NinjaTrader. I say simple because it's only a few lines, where the NT version is hundreds of lines (needlessly).

Read the code to understand the 'type' selections, it is easy.

Discussion thread:
https://nexusfi.com/tradestation-multicharts-easylanguage-programming/4948-ts-multicharts-doublema-indicator.html

Mike


Category MultiCharts 
 
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Category: MultiCharts 


August 6th, 2010
Size: 40.27 KB
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Keywords: doublema easylanguage multicharts
ADXVMA 4 *
Here is an ADXVMA port from NinjaTrader to MultiCharts.

I've built it as a function so you can use it in signals easily. The attached .pla MultiCharts file is both the function and the indicator.

I know that some NT users like to set the rising and falling plots to transparent so they are left with "shelfs" for the neutral plot. I tried, but there is apparently no way to do this in EasyLanguage. I've emailed MultiCharts for help.

The discussion thread is here (with EasyLanguage source):
https://nexusfi.com/tradestation-easylanguage-programming/3549-easylanguage-adxvma-indicator.html

Mike


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April 17th, 2010
Size: 7.59 KB
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Keywords: adx adxvma easylanguage multicharts vma
ZeroLagEMA
Here is a ZeroLagEMA (zero lag exponential moving average) for MultiCharts.

The EasyLanguage code and discussion is here:
https://nexusfi.com/tradestation-easylanguage-programming/3490-easylanguage-zerolagema-indicator.html

Mike


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Category: MultiCharts 


April 11th, 2010
Size: 3.14 KB
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Keywords: easylanguage ema multicharts zerolag zerolagema
ZeroLagWMA
Here is a ZeroLagWMA (zero lag weighted moving average) for MultiCharts.

Thread for discussion here with EasyLanguage source:
https://nexusfi.com/tradestation-easylanguage-programming/3489-easylanguage-zerolagwma-indicator.html

Mike


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Details: ZeroLagWMA
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April 11th, 2010
Size: 3.14 KB
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Keywords: easylanguage multicharts weighted wma zerolag zerolagwma
BMT OBV On Balance Volume 5 *
Plot 1, 2, 3 and 4 should be invisible and are just used for color reference.

Let me know what you think.

Thread for discussion:
https://nexusfi.com/tradestation-easylanguage-programming/3463-easylanguage-balance-volume-balance-volume-indicator.html

Mike


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Details: BMT OBV On Balance Volume
Category: MultiCharts 


April 6th, 2010
Size: 3.91 KB
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Keywords: easylanguage multicharts obv volume on balance
BMT Volume Pivots 5 *
I'm using this on a 5 minute chart. I am not sure of its usefulness on anything smaller.

You'll need a semi-wide right margin to see the text, or you can edit the indicator itself if you want to adjust that. v-d1..v-d5 just represents how many days back the line represents, I have it set to do a 5-day rolling action now.

All the lines are drawn ahead of time and do not change intraday.

The discussion thread is here:
https://nexusfi.com/tradestation-easylanguage-programming/3299-volume-level-support-resistance-easylanguage.html

Mike


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March 26th, 2010
Size: 8.16 KB
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Keywords: easylanguage multicharts pivot pivots resistance support volume
BMT CCI Pivot Zones
The premise behind this indicator is to capture the overbought and oversold conditions of CCI, and then draw trend lines on the chart representative of the turning points.

It is designed for Range or Renko charts only.

The lines are drawn in realtime and do not change. They are drawn as soon as a bar closes where the CCI has pivoted to/from an overbought/oversold area, so you get instant feedback.

The idea is the top (resistance / blue) represents the top of the normal trading range. Price will normally bounce off this resistance area and move lower. The bottom (support / red) represents the bottom of the normal trading range. Price will normally bounce off this support area and move higher.

When price does break through either S/R area, it tends to make new highs and lows (ie: breakout).

The discussion thread is here:
https://nexusfi.com/tradestation-easylanguage-programming/3361-cci-pivot-zones-easylanguage.html

Mike


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Details: BMT CCI Pivot Zones
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March 26th, 2010
Size: 2.50 KB
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Keywords: cci easylanguage multicharts pivot pivots zone zones
BMT SuperTrend 4 *
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.

Discussion thread is here:
https://nexusfi.com/tradestation-easylanguage-programming/3347-easylanguage-supertrend-indicator.html

Mike


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March 26th, 2010
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Keywords: easylanguage multicharts supertrend
 



 
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