This indicator plots a Moving Average channel on your chart along with a background color channel and optional plot colors according to the slope of the moving averages.
The Moving Average selection includes these Ninjatrader system indicators:
DEMA,EMA,HMA,LinReg,SMA,TEMA,TMA,VWMA,WMA, and ZLEMA
It also includes the Smitty SMMA indicator so that you can select a Smoothed Moving Average.
This indicator monitors the slope of 5 Moving Averages and plots colored lines across the bottom of the chart panel. It also optionally plots a trend signal and arrow on the chart when all 5 moving average slopes are all moving in the same direction.
I originally built this as a companion indicator to the Zombie5EMA indicator, which is shown in the screenshot as well. However, my indicator also allows you to choose between a selection of different Moving Average types, so keep that in mind when you adjust the settings.
The Slope Lengths determine the number of bars used to look back and calculate the slope of each Moving Average with. The background trend colors change when all 5 slopes are pointing up (> 0), or point down (< 0).
One thing you can look for is that the 5 plots will start to create lots of noise as their colors change. This can indicate either a pullback, a trend change, or a ranging market. You may be able to filter out false signals with something else to indicate momentum?
September 11th, 2021
Size: 20.81 KB
Downloaded: 1078 times
2428
torch2k
This indicator calculates multiple Laguerre RSIs across two time frames in addition to your chart timeframe, and then plots them horizontally as a visual pullback indicator. It does not plot like a normal Laguerre RSI!
The idea is that your chart would be the "medium" time frame, and you would then select a lower and higher timeframe to compliment your chart.
The indicator allows you to set the Gamma, Upper and Lower threshold for each Laguerre RSI
The indicator allows you to select from any of Ninjatrader's built-in time settings
A long entry would look like this:
- Higher timeframe (lower bar) is showing long (preferably green)
- Chart timeframe (middle bar) has retraced and is showing orange or red
- Lower timeframe (thinner, topmost bar) is crossing back to yellow or green
The default colors are setup like so:
Red - Below the 20 line of the Laguerre RSI (or can be set to your own value)
Orange - Between the lower line and 50
Yellow - Between 50 and the upper line
Green - Above the 50 line
At this time the indicator does not plot a signal, but it most likely will in the near future.
NEW:
3 new signal plots have been added for use with Strategy building. Line1, Line2, and Line3 will return values of 1-4 depending on how they are plotting. All signaling "buy" would be a 4,4,4 combination, and "sell" would be "1,1,1". A pullback for a long entry might look something like "1,3,4", depending on the way you have your lines arranged.
Changelog
1.00 - Initial release
1.10 - Updated first line width
Added ability to change position of the line representing the chart time frame
Added new plots for tracking signals
September 5th, 2021
Size: 5.24 KB
Downloaded: 708 times
2425
torch2k
This indicator plots up to 5 Donchian Channels at periods that you select.
It also draws a shaded region below the bars, which adds a nice "focusing" effect to the price action. The price will always be in the darkest part of the channel, and the higher-period channels will be less opaque.
It also includes an option to display dynamic support & resistance lines which are based on the fastest Donchian Channel values. As the line intersects with the higher Donchian channel periods, the line width will adjust and grow to indicate the possibility of a stronger move at the next line break.
Thanks to @icedfrosty for sharing his excellent work which has motivated me to share my own.
I created a version of the SOAP(Served On A Platter) indicator from think or swim. It is similar to the Custom TDI I submitted several weeks ago and similar rules apply. It's a layering of stochastics and I included a layered stochastic RSI for a little more information that allows for precision entries/exits. As with the TDI, you'll have to import the indicator settings into your charts. Happy Trading!
August 18th, 2014
Size: 5.88 KB
Downloaded: 219 times
1586
SodyTexas
This is my entry to the challenge for the best indicator. While this indicator is nothing flashy like my past indicators, I am submitting it due to the fact that it is a reliable signal.
It is a MACD but calculated using a momentum-adjusted moving average that I call a zero-lag moving average because it is the closest thing I can get to that adjust for the lag in a filter. It works similar to a EMA, but instead of weighting the front end of the indicator to reduce lag (base effect), it adjusts the from on the moving average for a near-term ROC (momentum).
Use wisely!
Cheers,
Sody
APR 26 2021 UPDATE: It came to my attention that the file was a locked DLL, I have corrected the issue, you can now download the source code from here.
February 22nd, 2021
Size: 3.35 KB
Downloaded: 1256 times
2319
SodyTexas
For true Point and figure charting and analysis NT 7 does not work because of a issue with drawing new bars on sessions. What I did is tweak the existing PointAndFigure chart code and replaced some logic so that it will no longer plot a new bar on session breaks (Sessions still exist).
What this means; longer term PnF charts are not only possible, but with my PnF suite might just be the best PnF setup out there. I will let you make your own decision on that opinion.
After downloading the code it must be copied to folder:
\My Documents\Ninja Trader 7\bin\Custom\Type
and because it is provided as a .cs file it must be compiled (by compiling any other indicator). Once compiled Ninja Trader must be closed and reopened before the new chart type, named “SodyPointAndFigure” will replace the old PnF.