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.
Price Action. Folds in the tape make seeing Support and Resistance easy. Follow the tape to be with the trend. Nothing predicts the future. Can you trade with less clutter?
September 5th, 2009
Size: 34.93 KB
Downloaded: 1091 times
123
websouth
BloodHound chart template for momentum trading strategy currently being tested in the crude market. Users will need to test the strategy for performance and risk before trading. Use a 256 Tick Chart for entries and exits. Do not take additional trades if a trade is entered into.
The signals are from the TSI Oscillator, Ergodic Oscillator, and MACD 3/10/16 oscillator.
Note: Momentum style trading systems do not perform well in trading ranges. If price action is trading within a trading range, do not trade this strategy. A filter can be added to require 32 SMA sloping or TSI above 0 before entry. This may eliminate chop but reduce potential profits.
Entries: 256 Chart
1. TSI Crossover (Ergodic 3,5,32, Main x Signal) - OR -
2. SMI Slope 5-32-3 - AND -
3. TSI Slope (5/32 with nested EMA 5) - AND -
4. TSI Slope (5/32 with nested EMA 5) (156 Tick Chart Settings)
Exits: 256 Tick Chart
1. anaTSI Crossover (3/7/14/3)
Discretionary trading signals
Take entries when SMI Slope and TSI Slope are in the same direction and the TSI Slope on the 156 tick chart is also in the same direction. Or, entries can be taken when TSI crosses its signal line.
Note the MACD 3/10/16 oscillator with MACD 32/5/5 histogram is included on the chart template. The MACD signals usually occur after the Ergodic oscillator signals, providing confirmation or allowing a late entry. The MACD histogram also provides good divergence signals. A third trend filter can be added to trade long when TSI is above zero line, or short when TSI is below zero line, but this will diminish profits and may cause entries near exhaustion for shorter moves.
November 14th, 2013
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jlwade123
I was asked to updated the BloodHound MACD/Keltner 20.5 strategy to add a trend filter and a multiple time frame for the trend. The suggestion was for a 21 HMA. So I included a 5 minute chart for that and added it to the strategy. I backtested the strategy in Crude for January 2014 on a 233 tick chart, and it was profitable on that. I will post the performance report on the new BloodHound strategy post: https://nexusfi.com/elite-automated-ninjatrader-trading/29979-bloodhound-strategies-ninjatrader-trader-2.html
Very simple MACD/Keltner system. Keltner bands are 20/0.5.
Entry: MACD crossover (OR) MACD higher than MACD average (AND) MACD slope rising for longs (AND) price above Keltner upper band (20/0.5) [discretionary: (AND) price higher than 8 MA]
(Reverse for short)
Exit: Keltner crossing midline, [Discretionary: MACD crossover average (OR) price cross under 8 MA]
I am back testing the system and it works best on 1000 tick charts. However, it performs on 150 tick charts, just takes too many losing trades. Key to the system is "let the winners run." You can incur lots of small losses before a winning trade on smaller time frames.
November 1st, 2013
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jlwade123
close prices only - showing real time Support and Resistance through turning of the tape. Yellow dots for caution. Follow breaks of white consolidation zones preferably in direction of main wave. Also can use break of top or bottom of VMA band.
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).
This is for VIP use only, please do not distribute it.
I've been toying with both 24h and cash only charts (session times) and wanted a quick way to visually make sure I knew which chart was which.
So I created this indicator that lets you put a chart label on the chart. It allows you to configure all the colors, font size, opacity, position, etc.
I know others have used another method of renaming an indicator label to show the "Chart Name", but this seems better.
VIP Only, please do not distribute outside of the Elite Circle. It's based on Mike's Version 2.02 from February. This plots the same as Mike's except for two differences.
Quick Start Modification causes value of CMA to rapidly converge to the correct value within a few bars of startup.
The method of calling the EMA's was changed for greater efficiency. This causes initial loading to be much faster, and resource use while indicator runs to be much lower. Thanks to Richard of MoveTheMarkets.com for his excellent article about this subject.
To see the envelope bands, chart must go back at least one day. Bands begin to display on the second day.
As in original version, all band colors are hard coded and are best for a chart with a dark background.
September 9th, 2009 01:21 PM max-td 5 stars + 1000 thanX for this
September 8th, 2009 08:34 AM websouth Saroj- link posted now
September 7th, 2009 11:35 PM Saroj websouth, the template refers to an indicator called "ColorSampleUniversalMovingAverage"... I've searched NT Forum every
which way with no luck finding this... I guess I need it because my chart is not showing the green & red dots... can yo
u please post a link?
Thanks, Saroj
September 7th, 2009 12:32 PM websouth Thanks guys.
September 7th, 2009 11:52 AM sam028 Very nice, 5 stars !!!
February 29th, 2016 06:07 PM Target Thanks for sharing.
December 5th, 2013 11:49 PM efeuvejota01
October 23rd, 2012 09:57 PM Ron Schnee Keeps me organized, the way to keep track of many, many indicator (chart) changes you may be trying, simple idea but so,
March 11th, 2019 12:56 PM vmodus Not sure what I'm looking at, but it's interesting at least. My partner uses Fib a lot, so I'll send it her way.
September 26th, 2015 08:04 AM PharmDoc I use Tradestation 9.5, 61.8% in fibs, and session times to build bars. Thanks for your time in creating the ELD.
January 24th, 2014 07:51 PM jlwade123 Thank you for your comments and suggestions. I have updated the BloodHound MACD-Keltner strategy to include a 21 HMA sl
ope as suggested, and also to provide for a 5 min chart for the slope. I tested the indicator for January 2014 on a 233
tick chart, and this is a profitable strategy. I will post the updated strategy.
Thanks,
January 24th, 2014 04:09 PM rfiske Thanks > So glad we are getting some BloodHound development going!
Realyy helps me with the laerning curve
January 20th, 2014 02:18 PM sunny135 can you please let me know if it is available for NT7?
November 17th, 2013 09:42 PM Raj1 Can it be made available for Ninja-7?
November 17th, 2013 09:41 PM Raj1 Is it available for Ninja -7?
November 19th, 2015 10:43 PM michaelleemoore Just learning my way around Bloodhounds and appreciate some other templates to work with.
December 21st, 2013 04:58 PM br8080 many thanks! i haven't been able to locate on BMT the ana TSI file that is in the template. can you point me to it? th
anks again!
bruce
November 23rd, 2013 10:57 AM Herbert Thank you
November 21st, 2013 10:48 AM jiggles This is a .bht file? Can't download.
November 15th, 2013 02:40 PM Gary Lucas Can this indicator be programed for use on the NinjaTrader platform?
December 9th, 2022 10:05 AM Chof So often the simplest things are some of the most helpful.. That's certainly the case with your indicator - exactly wh
at I was looking for - thank-you.
February 24th, 2022 12:46 PM j77777 Thanks so much
August 28th, 2021 09:09 PM romus Fantastic!
Especially for currencies - e.g. setting levels every 50 or 100pips
Thank you!
August 26th, 2021 05:03 AM guidoisot Thank you. An instrument with 25 points could perhaps be the case for NQ and also DAX. Maybe you can add also one plot-p
roperty for setting all plots thickness and color with one single instruction.