Requested by VIP user. This ADXVMA adds the ability to not re-paint 1 bar back if the plot style is not a line. So if you use Lines, they will repaint to connect the plots (like normal). But if you use something else, like Dots, they will not repaint.
Mike
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
I added a new bar sound (sound that you can turn on / off to
alert you to the formation of a new price bar - I find this helpful, as I am not
always facing my monitor & like to hear when a new price bar forms), background colors (blue for long / red for short), which you can also turn on or
off & change to suit your preference. Hollow Candelstick Bars (some folks have requested this CandleStick type. OHLC and HI/Lo will still show solid.
Other than that, it works just the same as the original ADXVMA Alerts V1.05.
Hello Traders, I thought that I uploaded this a few years ago...
I have added color and Volatility Channels (Keltner-ish) to the popular ADXVMA. You can select your colors for an Up trend, Down trend or Neutral. The Volatility Bands can be colored and set to the multipliers that you prefer. In the picture, the ADXVMA is set to 5 periods and the bands are set to 1.618 for the inner band and 3.14 for the outer band.
When the center line is yellow, the trend is not defined. I have found that a touch of the band with a yellow center will reject. I hope that this helps you with the chop.
R7: 2/28/2022: I normalized Bands to accommodate fractional TickSize.
R6a: 6/23/2021 - Fixed the background not shading properly and the column number setting.
R5: 1/27/2021 - Added the calculation and display of the range from High to Low inside bands.
R4: 4/10/2020 - NT made some changes that caused errors with some indies. I took care of the error with this rev. When the button hides the indie, you need to hit f5 to hide the background color. If someone knows how to fix this... let me know.
R3:12/20/2018 - I added a switch to show or hide the indicator. I renamed it to ADXVMAButtonBand.
R2: 9/23/2018- I noticed a small error when displaying the Period in the title block.
R1: 2/22/2018- I found an error in how larger user inputs were being handled for the volatility band multipliers. If you were using < 4 multiplier, then you will not see a difference.
Hello Traders, I have added color and Volatility (Keltner-esk) Channels to the popular ADXVMA. You can select your colors for an Up trend, Down trend or Neutral. The Keltner Bands can be colored and set to the multipliers that you prefer. In the picture, the ADXVMA is set to 5 periods and the bands are set to 1.5 for the inner band and 2.5 for the outer band. The background can also be shaded to same colors as the lines.
Many Thanks to Zondor for the original NT8 coding of the ADXVMA.
March 5th, 2017
Size: 20.61 KB
Downloaded: 1166 times
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bobc635
Here's a ADXVMA indicator with bands (similar to Keltner Channel). I've put this together in NT 6.5, but I've checked and it imports into NT 7 without any problems, and as far as I can tell it does not repaint. Please let me know if you have any comments.
November 22nd, 2011 06:54 PM caryn23 works great!!!
August 30th, 2010 11:28 AM aligator Thanks Sharky and Mike, cool indicator! What is the interpretation of the colors (Blue, light blue, red, pink, and speci
ally the white)? How one would trade this indicator?
August 4th, 2015 01:30 PM essiar Good indicator but a bit buggy. Does not always sound the diamond alerts and I'm not sure why. Other than that, extremel
y useful.
August 3rd, 2015 01:18 PM zionj TNX, GREAT Indicator
July 5th, 2012 12:28 AM mmtrader4 This indicator is about as good as it gets. ADXVMA Alerts used along with anaSuperTrendU11 is as close to the grail as t
here is. So as to not clutter my chart, I use ADXVMA in a separate panel. It keeps me out of chop and warns of coming t
rend. If you'd like a screenshot or two let me know. (and I'll promise to pick a bad day to show how well it works even
on tough days)
a BIG THANKS!!
July 5th, 2012 12:26 AM mmtrader4 This indicator is about as good as it gets. ADXVMA Alerts used along with anaSuperTrendU11 is as close to the grail as t
here is. So as to not clutter my chart, I use ADXVMA in a separate panel. It keeps me out of chop and warns of coming t
rend. If you'd like a screenshot or two let me know. (and I'll promise to pick a bad day to show how well it works even
on tough days)
a BIG THANKS!!
May 26th, 2012 06:42 PM Fame787 Thanks for sharing. It's a good guide in day trading.
Does anyone know what the diamonds are used for - reversal points / bollinger squeezing with keltner?
Thanks!
February 26th, 2011 03:05 PM Ducman Great indicator to avoid a lot of heat during trading. Thanks to you and all the others involved creating or updating th
e indicator.
November 3rd, 2010 10:35 AM BarOne How do you import the into Ninjatrader 7 or 6.5?
October 4th, 2010 07:59 AM senna12 Thanks for sharing this!
October 4th, 2010 02:00 AM tradermav Thanks for sharing. Excellent work.
great indicator. Was wondering if you could could make a verssioin of the indicater so that a third party indicator like
markers plus can copy lines to make an semi auto entry. thank you Bill
August 5th, 2021 05:59 PM Pocketful Thank you Bob for demo in webinar. I use a fib trend indi and always liked the ADXVMA. Now I'll compare with the bands
.
September 18th, 2020 05:30 AM TexNinja THANKS!
May 5th, 2020 04:20 AM bcomas Thanks! Fantastic tool
September 12th, 2019 12:53 PM BoltTrader Thank you! Looks great