Written by Dr Ben.
Please, do not share outside the Elite Circle!
FibRetTool will automatically draw and update a Fibonacci Retracemets Tool.
When you apply this indicator to a chart, it will place a '+' marker in the 'hidden' far right (drag the chart to the left if invisible) at the current Close, where it will remain inactive.
To activate the tool simply drag the + marker to the bar where the Anchor1 should be and it will draw the extension levels defined in your Default template.
If the + marker is placed anywhere below and within +/- 2 bars of the intended pivot bar It will draw the Fib Retracemets using the Highest High after that bar.
If this end point 'ratchets' it will automatically update the levels.
Similar operation to draw down, place the + somewhere above the high of the pivot bar.
To remove the Fib levels simply drag the + marker back past the current bar to its 'hiding place'. You use the Show/Hide button (press the Shift key before clicking on the button) to make the Fib tool active or inactive. You can open several instances of the indicator to draw different possible starting extensions levels.
The default marker symbol + can be replaced by any other text and style from your choosing and displaced right by the MarkerShift parameter from the indicator panel.
For proper operation you must set up your Fib Extensions levels in the Fibonacci Extensions Default template. Draw a Fibonacci Extension using the F9 shortcut, double-click on it, select Default in the template drop down. Change the %s and styles to your preferred settings, then Right-Click on the panel to save them as the new Default settings, and you are ready to use it." You can also set up alerts (Fixed 38.2% and 61.8% and a user chosen LevelX, default 50%), with audio if you place the 3 sound files in the C:\Program Files (x86) \NinjaTrader 7 \sounds folder .
March 1st, 2012
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Downloaded: 1370 times
1145
DrBen
Exported using NT Version 7.0.1000.26
Indicators will only run on NT 7.0.1000.5 or later.
This is a family of 3 indicators to display fibonacci retracements and expansions calculated from the high and the low of the prior day, the prior week and the prior month. High and low can be taken from daily data or from intraday data. When taken from daily data, the order of the retracements may be inverted, when high and low were made on the same day.
Chart settings: Please set the right side margin under chart properties to 200 to allow for correct display of the labels. The colors are better adapted to dark chart backgrounds.
Session templates: The indicators require the use of a correct session template for the instrument shown on the chart. With an ETH template retracements and expansions can be only calculated from the full session high and low. If you want to calculate retracements and expansions from the regular session, it is recommended to use a multi-session template that divides the day into the night session, regular session and after-session.
ETH: If you set the indicator to ETH, the retracements will be calculated from the high and the low of the full trading day. To avoid inverted levels best calculate all fibonacci lines from intraday data.
RTH: Please use a multi-session template. The retracements will be calculated from the selected RTH session. If the daily data supplied by your data supplier is regular session data, no multi-session template is required and you can display retracements and expansions calculated from the regular high and low by setting the indicator to "DailyBars".
Auto setting for the 3 indicators: The Auto setting will preselect ETH for FOREX and all CME currency futures, but preselect RTH for all other instruments.
Fibonacci Levels: The numerical values for the Fibonacci levels can be individually selected. If you need more than five retracement and expansion levels, you can add the indicator to your chart several times. If you do not wish to display some lines, please set the value for the Fibonacci ratio for these lines to zero, and the lines will not be plotted.
Display Options: Prior day's close, fibonacci retracements and fibonacci expansions can be switched on and off separately. The indicator further allows to display all plots for the prior days with or without labels. The label font size can be selected.
GLOBEX holiday sessions with settlement next day: The indicators are preconfigured for Globex holiday sessions without settlement for trade date next day or later. These trade dates are President’s Day, Martin-Luther-King Day, Memorial Day, Independence Day, Labour Day and Thanksgiving. The indicators will use double day sessions for these days for all GLOBEX and NYMEX traded instruments.
Update December 15, 2013: Weekly and monthly indicators added. Daily indicator entirely recoded. Plots can now be displayed for several days. Holiday calendar added for 2014.
Update January 19, 2014: The ratios for the fib levels are now user selectable.
Update December 29, 2014: Holiday calendar added for 2015. Price markers improved for US interest rate futures.
Overview:
-Works on SC versions in the 800s and later. Should also work in earlier versions. Does not currently work in the New Spreadsheets version.
-This Sierra Chart spreadsheet study draws 5 fibs between pivots.
-It only uses whole pivots, no mid pivots.
-It displays 3 sets of 5 fibs; the middle set is between the pivots with the current price, the upper set is above the next upper pivot, the lower set is below the next lower pivot.
-The 3 sets will move together with the current price which will always be somewhere in the middle set.
-It will only draw the fibs of pivots for the current period. There are no historical fibs drawn. If you want to see historical fibs, scroll the chart into the past and go to Chart >> Replay Chart.
-When price is between R3 and R4 (or between S3 and S4), fibs will not display above R4 (or below S4). If price is above R4 (or below S4), no fib lines will display at all.
Instructions:
-Unzip the attached file, put the contents in your Sierra Chart \data folder.
-Focus your chart, click on Analysis >> Fibs of Pivots v2b-
-When asked 'Clear existing studies on chart?' , choose No.
-If necessary, add a pivot points study to your chart and, if you are NOT using another spreadsheet study on your chart, move the pivot points study to the first position in the Studies to Graph list.
-If you ARE using another spreadsheet study on your chart, do not move the pivot points study to the first position in the Studies to Graph list. Instead you'll have to locate the correct columns for each pivot then carefully and accurately edit the following cells to reference the pivots accordingly, using a row 3 reference of each column:
H11 = R4
H12 = R3
H13 = R2
H14 = R1
H15 = PP
H16 = S1
H17 = S2
H18 = S3
H19 = S4
-You can edit the values in cells H4-H8 to your fib% preferences, but each value should mirror the opposite %, as follows (see spreadsheet for example):
H4=1-H8
H5=1-H7
H6 should stay 50%
H7=1-H5
H8=1-H4
-It is recommended that you use the Fibs of Pivots v2b-.StdyCollct file because it loads the correct spreadsheet study and contains the correct settings.
-If you only use the Fibs of Pivots v2b.scwbf file, add the Spreadsheet Study study, name it Fibs of Pivots v2b in the Spreadsheet Name field, set the Chart Region to 1, set the Scale to Same as Region, check Draw Study Underneath Main Price Graph, set the Chart Data Output Sheet Number to 1, and move your Pivot Points study to the top of the Studies to Graph list.
September 4th, 2009
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websouth
Introduction: This is not an indicator. It's a utility to seek the trades executed by a strategy. For example, If you have one strategy with 100 trades executed over a chart, It's very complicated to go one per one to examine these trades. With this utility, this task, it's effortless.
How to use: Load de strategy in the chart, move the screen with the mouse for stopping the screen advance, and click the "Next" and "Prev" buttons to move across the trades of the strategy. IMPORTANT: Only use the first strategy loaded. The other strategies in the same chart are ignored.
Challenges:
It would be desirable that the screen advance is stopped when you click "Next" or "Prev".
Be able to choose between several strategies.
If you want to ask questions or suggestions about this indicator, you can do it in this thread:
I open this thread so that the forum members can ask questions or suggestions about this indicator.
Change Log:
// 06/11/2023 v1.0.1 - First version
// 10/11/2023 v1.0.2 - Fixed problem: When the market is closed, the buttons don't work. Has been included a ForceRefresh()
// 22/01/2024 v1.0.3 - Choose between winning trades, losing trades or both.
November 6th, 2023
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2682
galanian
Thanks to TAMS again. "This indicator is based on the Fisher Transform indicator by John Ehlers and is a range oscillator showing where today's prices is within N-days highest and lowest. It has some smoothing, plus what's known in mathematics as a fisher transform." according to Tams.
I happened to take a look at the @FisherTransform Indicator that comes with Ninjatrader and it was such an embarrassment that I decided to make some easy fixes.
This one is for COBC FALSE and has a multi-color line plot as the default. See comments in code for list of changes. It does plot the same results as the original.
November 5th, 2011
Size: 6.49 KB
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Zondor
By applying the Fisher Trasform to the %K, the problems with the stochastic getting stuck near its extremes are eliminated. This indicator is designed for minimal use of CPU resources with COBC false.
This is a work in progress. Considering adding the Inverse Fisher Transform of the %K later. One of the better known guru trading rooms sells this for a high price, referring to it as the "Cyclone" indicator. It is doubtful that their expensive version is coded to run as efficiently as this one.
Maybe I will apply this to the Cumulative Delta.....
April 8th, 2014 04:31 AM Ashtreegambler What a great idea, I like the way it is semi-auto and not fully auto.
July 17th, 2012 08:32 AM click03 I have wanted a tool like this ever since I quite using Fibonacci Trader charting software.
Many thanks sir!
March 23rd, 2012 11:24 AM blkreign69 I love the indicator that you created. If I could make one recommendation is that you make the indicator so that you can
change the [+] sign to a different color? I would love to use it on my black background chart but I cant see it.
Thanks
March 5th, 2012 08:16 PM Don Laing AhAh found the buttton but still no retracement lines
March 5th, 2012 06:03 PM Don Laing Looks good but to show my ignorance ? where is show/hide button
On the first try looks as a very precise timing tool - thank you!
November 21st, 2012 04:30 PM soveral Thank you
November 15th, 2012 03:38 PM texastodd Thanks so much for doing this - I'm still lurking around BM's while trying to teach myself how to program in C# and NT o
n this very item! What a perfect example. I'll be trying the Inv Fish also....