These two strats -- one for long only entries one for short only entries -- allow a trader to, by simply clicking on the button for long entries or button for short entries, immediate initiate a position that will automatically also enter profit target and stop limit orders (which adjust on each tick).
The strats also have a red line for the stop order price and green line for the profit target order price, each that adjust on each tick.
These strats are helpful if you want to manual enter the market at a particular time, based on one or more indicators that guide you, but do so quickly and have your stops and profits automatically programmed. a way to make sound decisions on entries and still have limited human judgment and emotion play a role in exits.
The profit targets and stop order prices, once a trade is open, cannot be adjust like they can if you were using the Ninja chart trader function.
Very useful in fast moving markets too -- quick entries and continued quick move in your directions takes you out for a profit without having to waste time and energy thinking about exit prices.
October 27th, 2012
Size: 3.55 KB
Downloaded: 367 times
1289
minsalaco
This is for NT8 (a conversion from NT7).
It plots three sessions per instance of the indicator with customizable start end times/opacity/colours and each session can be turned off/on individually.
September 16th, 2023
Size: 3.09 KB
Downloaded: 238 times
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zt379
This will create a countdown clock on the toolbar for each main trading centre around the world - Sydney, Tokyo, London & NYC.
If the clock is coloured red then the session is closed and the clock will countdown to session open. When session opens, the clock will become coloured in green and the clock will countdown to session close and vice versa.
I use the following Open-Close times
Sydney 8am-4pm
Tokyo 9am-6pm
London 8am-5pm
NYC 8am-5pm
All times are local.
The Session Pivots Daily is an enhanced pivots indicator which allows for displaying floor pivots, wide pivots, Jackson Zones and Fibonacci pivots.
All pivots are calculated from daily bars (default setting) or from the bar series that has been selected as input series. The indicator may be used to display ETH pivots on an full session chart or RTH pivots on a regular session chart. It is not designed to display RTH pivots on a full session chart. When pivots are calculated from daily bars, they are typically calculated from the full session high, the full session low and the settlement price. However, the daily data only depends on the data supplier and will reflect the high, low and close as shown on a daily chart.
Workaround for displaying RTH pivots on a full session chart:
- Add a secondary bar series to your primary price panel with a RTH trading hours template.
- Set the colors for candle outlines, candle wicks, up and down bars to transparent.
- Apply the amaPivotsDaily indicator to the secondary bar series.
The indicator will now display RTH pivots on a full session chart. However, the pivots will only be displayed after the start of the regular session.
Pivot range: The indicator is set to display the pivot range which is the range between CP and DP. The pivot range is a symmetrical range around the main pivot PP. A wide pivot range follows after a trending day with a close near the highs or the lows. A narrow pivot range indicates that the prior day was a balancing day and closed near the central pivot.
Prior day high, low and close: The indicator also displays the high, low and close for the prior trading day. These levels often act as support or resistance during the current trading day. Moreover, prior day high, low and close reflect the input data for calculating all pivot values and can be visually checked against the chart bars, while this is not possible for the pivots themselves.
Pivot formulas:
All options: H = prior day high, L = prior day low, C = prior day close, X = H - L
Main Pivot: P = (H+L+C)/3
Central Pivot: CP = (H+L)/2
Directional Pivot: DP = 2*P - CP
Floor Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R1 + X, S3 = S1 - X, R4 = R3 + (P-L), S4 = S3 - (H-P)
Wide Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R2 + X, S3 = S2 - X, R4 = R3 + X, S4 = S3 - X
Jackson Zones: R1 = P + 0.5*X, S1 = P - 0.5*X, RB1 = P + 0.618*X, SB1 = P - 0.618*X, R2 = P + X, S2 = P - X, RB2 = P + 1.382*X, SB2 = P - 1.382*X
Fibonacci Pivots: R1 = P + 0.382*X, S1 = P - 0.382*X, R2 = P + 0.618*X, S2 = P - 0.618*X, R3 = P + X, S3 = P - X, R4 = P + 1.382*X, S4 = P - 1.382*X
CME holidays: There are six holiday sessions every year which are integrated with the following trading day. These holidays are Martin Luther King Day, President's Day, Memorial Day, Independence Day, Labor Day and Thanksgiving. The holiday sessions do not qualify as trade dates and there is no settlement. For this reason quality data feeds will not show daily bars. When "Input Data" is set to "DailyBars", the amaPivotsDaily will correctly calculate the pivots for both the holiday sessions and the trading day that follows the holiday. The NinjaTrader in-built pivots indicator will produce false values on the days after the holiday session. When "Input Data" is set to "Full Session", both indicators will calculate false values for the day after the holiday session.
Comparison to pivot indicators coded for NinjaTrader 7: For NinjaTrader 7 I had used subdivided session templates for calculating RTH pivots on full session charts. This approach was too complicated and mainly confused users. Subdivided session templates also truncate all bars at the session begin and the session end, which in turn distorts other indicators such as moving averages or oscillators. Therefore all our NT8 indicators are now compatible with the default trading hours template <instrument settings>. However, the new approach makes the task of coding RTH pivots for full session charts more complex. Such an indicator needs to add a third bar series with minute data and also come with a small data base containing the regular trading hours and holidays for the most liquid futures contracts. This can no longer be provided free of charge.
On the other hand the pivot indicators for NinjaTrader 8 have become more reliable. Preloading of daily data is no longer necessary, as the pivots indicator will load daily data automatically, when applied to a chart. This makes the pivots easier to use and less error prone.
Update version 2.1.: Bug removed. Indicator did not display pivots calculated from daily data, when the first day of the lookback period of the chart was a trading day without daily settlement (see six holiday sessions listed above). Update version 2.6.: Enhanced CPU efficiency. Minor changes.
Nota: The forum software has renamed the downloadable zip file to the false version number 2.0. Please disregard the version number of the zip file. The zip file contains the indicator version as specified above.
The Session Pivots Monthly is an enhanced pivots indicator which allows for displaying floor pivots, wide pivots, Jackson Zones and Fibonacci pivots.
All pivots are calculated from daily bars (default setting) or from the bar series that has been selected as input series. The indicator may be used to display ETH pivots on an full session chart or RTH pivots on a regular session chart. It is not designed to display RTH pivots on a full session chart. When pivots are calculated from daily bars, they are typically calculated from the full session high, the full session low and the settlement price. However, the daily data depends on the data supplier and reflects the daily high, low and close as shown on a daily chart.
Pivot range: The indicator is set to display the pivot range which is the range between CP and DP. The pivot range is a symmetrical range around the main pivot PP. A wide pivot range follows after a trending month with a close near the highs or the lows. A narrow pivot range indicates that the prior month was a balancing month and closed near the central pivot.
Prior month high, low and close: The indicator also displays the high, low and close for the prior trading month. These levels often act as support or resistance during the current trading month. Moreover, prior month high, low and close reflect the input data for calculating all pivot values and can be visually checked against the chart bars, while this is not possible for the pivots themselves.
Pivot formulas:
All options: H = prior month high, L = prior month low, C = prior month close, X = H - L
Main Pivot: P = (H+L+C)/3
Central Pivot: CP = (H+L)/2
Directional Pivot: DP = 2*P - CP
Floor Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R1 + X, S3 = S1 - X, R4 = R3 + (P-L), S4 = S3 - (H-P)
Wide Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R2 + X, S3 = S2 - X, R4 = R3 + X, S4 = S3 - X
Jackson Zones: R1 = P + 0.5*X, S1 = P - 0.5*X, RB1 = P + 0.618*X, SB1 = P - 0.618*X, R2 = P + X, S2 = P - X, RB2 = P + 1.382*X, SB2 = P - 1.382*X
Fibonacci Pivots: R1 = P + 0.382*X, S1 = P - 0.382*X, R2 = P + 0.618*X, S2 = P - 0.618*X, R3 = P + X, S3 = P - X, R4 = P + 1.382*X, S4 = P - 1.382*X
Update version 2.6.: Enhanced CPU efficiency. Minor changes.
Nota: The forum software has renamed the downloadable zip file to the false version number 2.0. Please disregard the version number of the zip file. The zip file contains the indicator version as specified above.
The Session Pivots Weekly is an enhanced pivots indicator which allows for displaying floor pivots, wide pivots, Jackson Zones and Fibonacci pivots.
All pivots are calculated from daily bars (default setting) or from the bar series that has been selected as input series. The indicator may be used to display ETH pivots on an full session chart or RTH pivots on a regular session chart. It is not designed to display RTH pivots on a full session chart. When pivots are calculated from daily bars, they are typically calculated from the full session high, the full session low and the settlement price. However, the daily data depends on the data supplier and reflecta the daily high, low and close as shown on a daily chart.
Pivot range: The indicator is set to display the pivot range which is the range between CP and DP. The pivot range is a symmetrical range around the main pivot PP. A wide pivot range follows after a trending week with a close near the highs or the lows. A narrow pivot range indicates that the prior week was a balancing week and closed near the central pivot.
Prior week high, low and close: The indicator also displays the high, low and close for the prior trading week. These levels often act as support or resistance during the current trading week. Moreover, prior week high, low and close reflect the input data for calculating all pivot values and can be visually checked against the chart bars, while this is not possible for the pivots themselves.
Pivot formulas:
All options: H = prior week high, L = prior week low, C = prior week close, X = H - L
Main Pivot: P = (H+L+C)/3
Central Pivot: CP = (H+L)/2
Directional Pivot: DP = 2*P - CP
Floor Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R1 + X, S3 = S1 - X, R4 = R3 + (P-L), S4 = S3 - (H-P)
Wide Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R2 + X, S3 = S2 - X, R4 = R3 + X, S4 = S3 - X
Jackson Zones: R1 = P + 0.5*X, S1 = P - 0.5*X, RB1 = P + 0.618*X, SB1 = P - 0.618*X, R2 = P + X, S2 = P - X, RB2 = P + 1.382*X, SB2 = P - 1.382*X
Fibonacci Pivots: R1 = P + 0.382*X, S1 = P - 0.382*X, R2 = P + 0.618*X, S2 = P - 0.618*X, R3 = P + X, S3 = P - X, R4 = P + 1.382*X, S4 = P - 1.382*X
Update version 2.6.: Enhanced CPU efficiency. Minor changes.
Nota: The forum software has renamed the downloadable zip file to the false version number 2.0. Please disregard the version number of the zip file. The zip file contains the indicator version as specified above.
A) Session Countdown Clock - This will create a countdown clock on the toolbar for each main trading centre around the world - Sydney, Tokyo, London & NYC.
If the clock is coloured red then the session is currently closed and the clock will countdown to session open. When session opens, the clock becomes coloured in green and the clock will countdown to session close. The opening and closing times for all the session are user-editable via the Indicator properties window. The open and close times are local to each city. I use the following
Sydney 8am-4pm
Tokyo 9am-6pm
London 8am-5pm
NYC 8am-5pm
Feel free to change them via the indicator properties.
Note*: Since I have been asked this question a few times. The indicator will automagically adjust to whichever timezone you are in. So out of the box the indicator has New York set to 8am open. If you want to change it to 9am open simply set the "New York Open Hour" to 9 in the indicator properties. You don't have to do the mental gymnastics to figure out what 9am NY is in your local timezone.
B) Session Range - If you click on any of the city names in the session clock (ie Sydney) then it will draw a box on the chart around the session range for that city. The box will show session high/low and open/close bar. Click on the city name again to remove the range box.
In the screenshot I have have Sydney, Tokyo and New York session ranges showing. The colour for each session range can be user-defined via the Indicator properties.
Note*: The session range functionality will only work in time-based charts. It doesn't work in other chart types (ie range, renko, pnf etc) at the present. Coming in version 3
Any questions please PM me, don't post How-to or Troubleshooting questions in the comments.
March 12th, 2012
Size: 5.76 KB
Downloaded: 1473 times
1151
Traderji
Exported using NT 7.0.1000.1
This is a simple indicator that colors the background of your charts according to the current session template.
To use the indicator you first need to create a session template that reflects the different intraday sessions. The chart shows Crude Oil using the following session template (all times are EST for NYMEX)
Night session: 6:00 PM - 9:00 AM
RTH session: 9:00 AM - 2:30 PM
Evening session: 2:30 PM - 5:15 PM
Select the session template as your default template via instrument manager and display all charts with <instrument settings>. When toggling between instruments the chart will now select the appropriate session for your instruments automatically.
September 12th, 2014 08:11 AM ShaunG Very much appreciated!
April 25th, 2014 02:33 PM panamajack Thank You - Excellent addition to NT trading.
April 12th, 2013 04:11 AM Amsterdam Whale seriosly dewd...very useful, very nice design languuage, seems to run smoother than any other related types but makes th
July 19th, 2023 08:24 AM MajesticLegacy Hi thank you for this indicator. Is this compatible with NinjaTrader8 now? Or is there a update of this indicator? Th
ank you again!!!
Andrea
May 19th, 2023 10:41 AM mewddsltd thank you for this .. and all of the other indicators you have shared with us ..
I notice on this indicator (and maybe the other ama pivot indicators) the value for Y-Close does not accurately reflect
the close of the previous .. most of the time it is close but there are days where the error could be 25 ticks or more .
. I determined this by looking at the price chart AND comparing Y-Close to lines drawn by NT8 indicator PriorOHLC
keep up the great work .. thanks again ..
May 1st, 2023 08:05 PM tjmalena Thanks
December 29th, 2021 12:49 PM Pollux
June 20th, 2021 04:21 PM JanEva Fantastic Indicator!!!! Thanks!!!
December 11th, 2018 11:38 AM f1p0pt10ns Is there a way to set these up as alerts? I tried the "normal" alert path but doesnt seem to be working. Thanks for th
September 30th, 2021 09:21 PM golfman Here's a link to the image in my Dropbox - https://www.dropbox.com/s/1v14poe69uil17w/Future%20IO%20error.png?dl=0
Hope this one works.
Thx!
September 30th, 2021 09:20 PM golfman Hello,
I try to install this file & got this error message, can you please help & direct me so I can use this indicator.
Thanks in advance for your help.
Chas
January 4th, 2021 07:28 PM Andrewt thanks very much, very handy indi
January 4th, 2021 03:46 PM racecarjw Thank you for your generosity to share the work on your indicator.