This indicator is a Swiss Army knife of several moving averages providing color for rising and falling.
Anyone downloading this indicator prior to Nov 12, 2010 need to download again with this version. I caught a bug that presents a problem when selecting the JMA or JMASlope.
You can check the date on the zip file to make sure you have the right one. If the date is prior to Nov 12, 2010, download this one and replace the one you have.
November 12th, 2010
Size: 34.04 KB
Downloaded: 141 times
727
MWinfrey
This indicator is a Swiss Army knife of several moving averages providing color for rising and falling.
Anyone downloading this indicator prior to Nov 12, 2010 need to download again with this version. I caught a bug that presents a problem when selecting the JMA or JMASlope.
You can check the date on the zip file to make sure you have the right one. If the date is prior to Nov 12, 2010, download this one and replace the one you have.
This video interview with Mark Douglas
is the best on the net that sum up all the trading psychology!
Want to get boosted and talk about fear of trading or the outcome of a trade......must watch it now!
I've never watched a better Trader interview and still watch it over and over.
Hi Traders,
I find it necessary to make sure to stay out of the markets when they are "slow" vs "fast". However, historically that is challenging as it has been quite subjective. Watching the time and sales order flow gives a sense, but what is fast now vs earlier or another time period is still subjective.
I wrote the following simple indicator which gives some level of quantitative visibility if the mkt is moving fast vs slow. The indicator takes the time difference between the the last tick update of the bar compared to the previous tick update. A slower market will have a longer duration and therefore a larger value. A fast market will have very short durations of updates with values closer to 0.
I trade with tick charts so that is the lens that I am viewing this indicator. I wanted to have the values coincide with visual trend of values that are trending "up" (faster) vs "down" indicating slower mkts. That is why I applied a sign reversal to the values in the code.
When using the indicator, values closer to 0 indicates very fast, vs. values with larger negative values represent a slower market (hence the duration between updates is longer in duration). In the screenshot, I have a green line and red line manually applied which are my thresholds for fast vs slow. Those levels were based on my own analysis and screen time of the market being traded. You will have to gauge levels yourself based on the market and chart used.
Suggestions welcome and glad to contribute.
Code written in easy-language with use with MC 64 v12.0
March 29th, 2019
Size: 9.21 KB
Downloaded: 300 times
2053
JoeyZaza
MDHG for Sierra Charts with volume profile histograms, VAH/VAL/VPOC (Current version = 1543) This was posted at the SC support board and I modified it.
There are two studies hidden, they can both be enabled if so desired. One is a different trade indicator study and the other is a volume study in region 2.
This was initially made for /CL and I'm using it for /ES.
The Volume profile value areas may not be precise, I'm more accustomed to MP, although the VPOC does appear to be accurate.
The large volume trade indicator will need to be adjusted to whatever suits the trade levels the end user likes to see.
I personally have remove the DOM depth, it can be disabled/enabled via Trade > Show Depth
May 13th, 2011
Size: 650.18 KB
Downloaded: 678 times
901
meyer99
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 12th, 2010 05:41 PM PandaWarrior I really like the indie but take a look at my chart...the plots are sometimes the wrong color vs what the MA is doing.
October 4th, 2016 05:54 PM Target Thanks for sharing.
November 8th, 2013 11:31 PM Amsterdam Whale Recommended by MATT: M-others A-gainst T-hinking T-raders
July 2nd, 2013 10:49 PM djoyce854
March 16th, 2011 02:14 PM Lee75 Trading in the Zone is such an important book and to me is really the Traders Bible. I read as often as I can to keep my
Psychology for trading on the right level and remind me of the reasons why I trade. I thoroughly recommend that all tra
ders should read this book
March 16th, 2011 02:47 AM zacharydw00 I recommend reading Trading in the Zone.
November 8th, 2013 11:28 PM Amsterdam Whale This is quite good and I think, after my first run-through anyway, it will benefit thoughtful market participants of all
kinds. That said, it is not at all dense, makes an easy reference b/c is well and logically laid out and most important
ly, has the potential to make you sound really, really smart at parties. What you do with such power is entirely up to y
ou - you playah you.
October 8th, 2013 03:59 AM tinus Cheers!
October 28th, 2011 07:06 AM Fat Tails Recommended Reading