The IBFX Daily Pivot Indicator draws the daily Pivot, Support and Resistance Levels at upper right corner of the chart. The indicator will also draw the lines on the chart. Resistance lines are shown in red and Support lines are shown in green.
merIDLevelsV1 indicator:
I primary use this indicator during my trading to find good levels of entry during my intraday trading of the YM! You can find my journal here : https://nexusfi.com/trading-journals/30483-mergodon-topsteptrader-combine-journal.html and see a lots of good and bad example to use it Please be advice the paramaters and settings are mainly focusod on YM. I do not know are this levels stand or not stand for any other indexies, commodities etc, but with a proper configuration you can very easly find it out.
Configuration:
- The indicator is quite simple to use. You have to load the default session template 24/7 and based on that timezone you have to setup the regural session start and regural session end time.
- Also you can setup the initial balance period, and the globex session extension level for bigger moves on the market
Hints:
- The levels are calculated from session start (not counting the market closing moves only in case of the Yesterday close time)
- The indicator doesnt calculate perfect timeing on tickchart, just getting the closest closing value. There is no addon for Multiple Time Frame things (Not like Fat Tails advanced indicator, where you have the possibility for exact time calculation). The methadology behind is not to use this levels as signals, more like use this levels to search change in the market conditions
- The indicator was tested on tick chart, if you find any bug please dont hesitate to pm me, I wil do my best to fix the issue
- If you have any other question you can find me in my journal
Change log:
- The old version of this indicator (merTickBasic) was completly rewritten following Fat Tails best pratices, and codebase, and configured it to my taste and use.
- The drawing is using custom plot logic (based on Fat Tails codes, thank you for that!) meaning it should be flawless, and very-very quick
This indicator combo displays real-time Level II market data as well as up/down volume by tick for the current bar on the main chart panel. It works on any instrument, time-frame and chart type.
The Level II data is displayed to the right of the price bars as a horizontal histogram that extends out over the price bars. The histogram bars are color coded to visually identify the corresponding bid/ask levels. The price axis of the chart is used to show the price of each bid/ask level. In addition, the actual size of bids vs. asks at each level as well as a total bid/ask is printed down the right side of the histogram.
The second indicator included in this combo displays volume as a vertical progress-like bar to the right of the Level II histogram. This indicator displays the volume of the current bar. It shows, by tick, how much volume is occurring above, at and below the previous bar's closing price. It does this using three configurable color bars representing the relative proportion of the underlying volumes. The actual over/under volume count is displayed at the top and bottom of the bar.
These indicators only support live data and will not plot historical data.
Version 1.4 Changes:
1) Added current bar bid/ask volume option
2) Added level II bid/ask ratio
3) Added Strength indicator based on high/low/same volume and bid/ask ratio.
4) Added price line to make it easy to follow price movement through the histogram.
5) Other readability changes.
Version 1.5 Change:
1) All colors are now customizable.
Version 1.5.2 Changes:
1) Fixed property persistence issue.
2) Default histogram opacity set to 100
here's a quick one.. inspired by range charts, but simplified and still painted on regular time charts..
i needed something to help me spot common S/R levels and also watch price moves between levels of either % of price or in blocks of a certain dollar value (0.2, 0.5, 1.0 ... etc)
default is to show moves in increment of 0.5% of all-time (based on chart) mid-price, but can be changed to better suit the time aggregation and the underlying price range we're looking at (for shorter timeframe, you may want to look at $.25 levels, for a stock like AAPL you want to look at a $5.0 increments and so on)
The percentage level value is always approximated to the nearest multiple of $0.1 to make it meaningful.
if there's a setting in Override Range Unit, then that's the one the study will use as a unit for the incermental levels.
you can show/hide the levels calc details labels on top using the study settings.
found it interesting and it helps hide a lot of noise from price - also comes closer to my own view of Darvas so thought to share for the Range Chart & breakout trading fans..
Cheers,
RedK
Laguerre MetaTrader indicator — a completely custom indicator that doesn't rely on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate window of the chart. It can be used for easy entry and exit signals.
Input parameters:
gamma (default = 0.7) — multiplier that is used in the line's levels calculation. The higher it is the smoother is the line.
CountBars (default = 950) — the maximum amount of bars for which to calculate this indicator. Set as high as possible if you don't experience performance problems.
Laguerre MetaTrader indicator — a completely custom indicator that doesn't rely on the standard MT4/MT5 indicators. It shows the weighted trendline in the separate window of the chart. It can be used for easy entry and exit signals.
Input parameters:
gamma (default = 0.7) — multiplier that is used in the line's levels calculation. The higher it is the smoother is the line.
CountBars (default = 950) — the maximum amount of bars for which to calculate this indicator. Set as high as possible if you don't experience performance problems.
* 6 levels of gradient stops, so you can set your gradient coloring to anything you want.
* 2 new functions in the 'Addons' folder that you can use in your own indicators to help make linear gradients easy.
* Simple toggle to reverse coloring without having to enter all new brushes again.
* RSI, CCI, Stochastics and Double Stochastics.
Update: Dec 2015
* Added ability to not plot the indicator in the lower panel, just paintbars or background. Make sure you place the indicator in the 1st panel. The plots/price marker should automatically become transparent.
Update: Jan 2016
* VERY IMPORTANT FIX. Made gradient "Get Color" more efficient. Was making new LG every bar. Now it instantiates once.
* Added Stochastics and Double Stochastics.
* Added an average line if required.
MACDcolors Version 1.1
Author: radi8
Trading Group Affiliation: TeamPIPPEdge
Yes, I know, there are an infinite number of variations on the MACD indicator.
That said, I wanted an MACD that I could define overbought and oversold conditions for. That is difficult to do given the different tick sizes of various instruments. So I created a normalized MACD. So this will plot with similar values whether you are trading the 6J or the YM. With this in mind, you can establish OB/OS levels in the indicator. The indicator will trigger alerts when there is a crossover in OB/OS territory. In general, I've found that values between 5 and 10 are good for the OB/OS levels. When a crossover happens in this region, a trend reversal is more likely. When the indicator is moving between the OB/OS levels, it is generally not a great time to enter the market.
Also, I like simple. So this indicator just shows one colored plot. It changes colors when the MACD and AVE plots cross, showing only one line. I still include all the normal data series you can access (Default, Ave, Diff). There are several DataSeries you can access for strategies as well as for market analyzers. You can also define time zones for the alerts. If there is a particular strategy you trade off the MACD that is time sensitive, this will allow you to define that time block when you would like to be alerted.
The screenshot shows this indicator with my CandleStickDoctor indicator.
Cheers!
radi8
UPDATE (1/31/17)
I found a small bug with the time logic that I corrected. If you want the indicator to generate signals at all times, set all the time bins to -1.
Also added the ability to select different MA's as the source for the MACD.
Hi Traders,
I find it necessary to make sure to stay out of the markets when they are "slow" vs "fast". However, historically that is challenging as it has been quite subjective. Watching the time and sales order flow gives a sense, but what is fast now vs earlier or another time period is still subjective.
I wrote the following simple indicator which gives some level of quantitative visibility if the mkt is moving fast vs slow. The indicator takes the time difference between the the last tick update of the bar compared to the previous tick update. A slower market will have a longer duration and therefore a larger value. A fast market will have very short durations of updates with values closer to 0.
I trade with tick charts so that is the lens that I am viewing this indicator. I wanted to have the values coincide with visual trend of values that are trending "up" (faster) vs "down" indicating slower mkts. That is why I applied a sign reversal to the values in the code.
When using the indicator, values closer to 0 indicates very fast, vs. values with larger negative values represent a slower market (hence the duration between updates is longer in duration). In the screenshot, I have a green line and red line manually applied which are my thresholds for fast vs slow. Those levels were based on my own analysis and screen time of the market being traded. You will have to gauge levels yourself based on the market and chart used.
Suggestions welcome and glad to contribute.
Code written in easy-language with use with MC 64 v12.0
March 29th, 2019
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2053
JoeyZaza
MDHG for Sierra Charts with volume profile histograms, VAH/VAL/VPOC (Current version = 1543) This was posted at the SC support board and I modified it.
There are two studies hidden, they can both be enabled if so desired. One is a different trade indicator study and the other is a volume study in region 2.
This was initially made for /CL and I'm using it for /ES.
The Volume profile value areas may not be precise, I'm more accustomed to MP, although the VPOC does appear to be accurate.
The large volume trade indicator will need to be adjusted to whatever suits the trade levels the end user likes to see.
I personally have remove the DOM depth, it can be disabled/enabled via Trade > Show Depth
This indie looks at yesterdays High and Low and todays High and Low. It paints yesterdays High and Low on todays chart, as well as the mid and RMS values of yesterdays High and Low. The RMS values are estimated as 70.7% and 29.3% for a sine wave. It also paints todays High and Low. These values can be interesting turning points. All levels are labeled in the right side margin (I recommend a margin of 100). I posted a similar indie in NT7 called Pivots Plus that was very popular . This one does not have the pivots included, you can add that to the chart. This one does have a button to hide the indie if you want to declutter your chart.
Here is the wiki definition of RMS...
In mathematics and its applications, the root mean square (RMS or rms) is defined as the square root of the mean square (the arithmetic mean of the squares of a set of numbers).[1] The RMS is also known as the quadratic mean[2][3] and is a particular case of the generalized mean with exponent 2. RMS can also be defined for a continuously varying function in terms of an integral of the squares of the instantaneous values during a cycle.
Following a request by a member of this forum I have quickly implemented a version of the McClellan Oscillator and the (calibrated) McClellan Summation Index. The indicators can only be used with daily data. It is required that your daily data feed includes data for the net advancing/declining issues. The NinjaTrader symbol is ^ADD. The data is also available through the free Kinetick EOD data feed.
McClellan Oscillator: The McClellan Oscillator is a MACD calculated from the NYSE net advancing/declining issues. The oscillator is calculated from the 10% trend and the 5% trend, or otherwise put from an EMA(19) and an EMA(39).
McClellan Summation Index: The McClellan Summation Index is obtained by adding up the values of the McClellan Oscillator. It is neutral at the +1000 level. Historically the neutral level was shifted to + 1000 to make negative levels rare and noteworthy. The indicator attached follows the formula published in the June 1994 issue of Technical Analysis of Stocks & Commodities.
The indicator values that will be displayed depend on the input data. I have noticed that the data for advancing/declining issues used by McClellan Financial Publications slightly differs from the data supplied by Kinetick EOD. The indicator values are therefore similar, but not identical. For practical purposes the accuracy should be sufficient.
Please keep that in mind, this indicator is my first one. I will try to make it better, but I am not a programmer, so pls try to be patient. If you are finding any bug, or having idea to improve it dont hesitate to shoot me a PM.
The indicator is mainly usefull if you are:
- you are primarly trading US indexies
- if you dont want to see every level, just a few, and find trades there with your other indicators
- using a 24/7 session template to see all the moves for the globex and the RTH session too
- you would like to see the opening range (first x min high low) but you are using a tick or volume chart
- you would like to see the globex high and low
- you would like to see the Y-day close
- you would like to use vertical time markers, to find trades at different time
- you would like to spot trend extensions based on globex high low levels
Please to configure the indicator always use the session template times, so you dont have to bother with different time zones etc...
Please keep that in mind the indicator is not calculate the data on a tick basis, so the close time and the opening bar size could be not accurate to the tick, because it is calculated on barclose only!
On the screenshot you can see many indicator (just to give mine into the context). the merTickBasic indicator is the vertical and horizontal lines on the main chart nothing more or nothing less!
October 23rd, 2014
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1596
matevisky
This is same as "MPValues" but works in Ninja 7. I don't know if it works in 6.5.
Wavey gave me the information that allowed me to update for v7.
The values it returns will change if you use it on different time frames. I usually use it on a 30m chart because that will give the same numbers that most people look at. I will transfer the lines to all my charts so that I can trade off these levels if I have confirmation from other indicators.
I circled several of the profitable trades that could have been taken. Of course they don't all work out!
You have to set the start time hour (session begin), start time minute (session begin) and session length.
Signal name = "NWT Exits" Ver 4
Disclaimer - USE AT YOUR OWN RISK
"NWT Exits" is a suite of exits that can be combined into a system.
It has been tested on Forex and Futures data
Features of the suite are -
1) The whole suite can be applied to a specifically named strategy ie I may have a strategy called "XYZ" if this "UseStrategyName" is set to true
and the StrategyName = "XYZ", then the suite of exits will only work with this strategy.
This allows multiple strategies to be used on the one instrument
2) Will work on any instrument tick size ie increments of 0.00005 to increments of 1
3) All Stops are progressive, that is, the system will move from a InitialStop to a breakeven to a trailing stop.
4) Only ONE order is placed with the broker.
5) The chart dynamically displays the current stop type ie InitialStop, Breakeven, Trailing and also displays the current stop level (Green/Red Triangle)
6) Each of the trades on the chart has a number matching the trade list report in Multicharts
7) Each of the trades in the Exits in the Multicharts Trade log has it's own unique name, showing what the current exit was that closed the trade
ie "IS_LX" Initial Stop (StopLoss) exit
"TS_SX" Trailing Stop Short Exit
Because each of the exit orders has it's own unique name, further analysis (counts) can be done on how many exits
were InitialStop, Breakeven, trailing stops, big bars etc
8) Each of the Stop types maybe individually enabled or a combination maybe selected
The types of exits currently supported are -
1) Multicharts generic types ie setprofittarget,SetStopLoss,SetDollarTrailing but all with tick/point inputs not $$$
2) Forced Exits - Ie Exit after 3 bars. This is useful for testing how good your entry signal is.
Use this exit without any other exits. If you have a good entry, youshould have > 50% winners
Now look at the MAE to see where good InitialStop levels are
3) InitialStop (StopLoss) Exit - ie 15 Pips or a calculated vale ie "ATR(14)*1.6*10000"
4) Price Action Stop - In a Long position it would use say the lowest low of the last 3 bars plus a bit ie 2 pips.
5) BreakEven Stop - Set the breakeven Level and brokerage amount
6) Stall Exit - Say after 3 bars we are still not in a profit, lift the stop to the low of the current bar. ie Squeeze the non performing trade.
7) Nake Close Stop - If Long and the close > High[1] then the stop level is set to the low of the naked close bar.
8) Trailing Stop - This is a stop amount in ticks ie in Forex a value of 5 would be equal to 5 pips ie 0.0005.
As per the InitialStop a calculated value can also be used ie "ATR(14)*1.6*10000"
9) ADX Trailing Stop - this uses a ADX to influence how close to have the stop level.
As the ADX increase with the strength of the trend, the stop tightens on the price
10) Big Bar Stop - If a big bar is detected ie 2*ATR, then the stop level is adjusted to a percentage of this bar ie 50%
We want to keep a god chunk of these profits.
Neil.
P.S.
For a couple more pics showing the trade log and further analysis,
look at Further details
May 14th, 2012
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1190
NW27
This indicator draw horz lines at OHLC. It also lets you find larger than normal bar by H-L value or O-C value. You can specify drawing on group of bars instead of a single bar. Large bar can be divided into smaller levels by using big bar divisor.
February 11th, 2012
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1122
cory
This Indicator show a dot or any symbol you choose when the volume exceeds the moving average of the running volume .
Thereby giving yo a heads up indication of when volume jumps to new relative highs, indicating a possible imminent increase in volatility.
In the set up you can choose the size of the dot/square/triangle etc. I have found 3/5/7 pixels for hi/ higher/ highest a nice size . You can also choose the volume surge levels appropriate to your instrument.
May 30th, 2017
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1875
MShead
This is a momentum strategy based on pivot levels. The strategy is quite simple in that it will enter a long position at the R1 daily pivot and a short position at the S1 daily pivot. The stop and limit amounts can be set in the EA properties. The strategy is based off of the floor trader pivots indicator already included in the Strategy Trader platform.
This is a simple indicator which shows the various pivot levels: Pivot Point, S1, S2, S3, R1, R2, R3. It works only on a 24hour chart. You must choose your session open and session close. At present it will not work for overnight sessions. I will probably make a new one for overnight sessions as I am interested in this myself, but for now it won't work with overnight sessions.
There are pivot indicators available on the Ninja forum but the ones I found there were either overly complicated or they didn't keep the lines on the historical charts, only on the present day.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
Hello Traders, I have added several important levels to the standard NT Pivots indicator. The additions are yesterdays high, low, mid, cash close, RMS High and Low values as well as todays high and low values. The indi also calculates upper and lower bands around the Pivot, R1 and S1. All plots are available to set the weight, color and type of plot. The plot labels can be adjusted xx bars left of the right margin with the 'Width' parameter.
July 11th, 2014
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1572
bobc635
Hello Traders, after using the original PivotsPlus on several chart types, I found that the settlement value was somewhat dependent on chart type, so I changed the lookup of the value to use a synthesized 1min chart making the value independent of the chart type. There are constraints that will prevent the indicator from working on some extreme chart types, but it works for the ones that I have tried (minute, range, tick, unirenko). Let me know of any difficulties that you may experience.
Here is the original post description...Hello Traders, I have added several important levels to the standard NT Pivots indicator. The additions are yesterdays high, low, mid, cash close, RMS High and Low values as well as todays high and low values. The indi also calculates upper and lower bands around the Pivot, R1 and S1. All plots are available to set the weight, color and type of plot. The plot labels can be adjusted xx bars left of the right margin with the 'Width' parameter.
Options for the Pivot indicators: Floor pivots, pivot range, midpivots, floor pivots wide, Jackson Zones, Fibonacci pivots, Camarilla pivots, VWAP of the prior session.
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 only ETH pivots can be displayed. For displaying RTH pivots, it is recommend to use a multi-session template that divides the day into the night session, regular session and after-session.
Use of daily data on intraday charts: The 3 pivot indicators are designed to load daily data, if the option for Settlement/Close is set to “Daily Bars”. This the data used by the indicator:
"Calculate from session" = "DailyBars": Pivots are entirely calculated from daily data.
"Calculate from session" = "ETH" & "Settlement/Close" = "DailyBars": High and low are taken from the full intraday sessions. The close or settlement price is taken from daily data.
"Calculate from session" = "RTH" & "Settlement/Close" = "DailyBars": High and low are taken from the regular intraday sessions. The close or settlement price is taken from daily data.
"Calculate from session" = "ETH" & "Settlement/Close" = "Intraday Close": High and low are taken from the full intraday sessions. The close is the last price traded for the full session.
"Calculate from session" = "RTH" & "Settlement/Close" = "Intraday Close": High and low are taken from the regular intraday sessions. The close is the last price traded for the regular session.
Auto setting for the 3 pivot indicators: The Auto setting will preselect ETH for FOREX and all CME currency futures, but preselect RTH for all other instruments.
VWAP: The VWAP of the prior day is always calculated from intraday data. Depending on the chart resolution it can be a few ticks off the correct value.
GLOBEX holiday sessions with settlement next day: The indicator is 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 display double day sessions for these days for all GLOBEX and NYMEX traded instruments.
Update Jan 23 2011: Globex Holiday Calendar for 2011. Holiday sessions will only be applied to Globex instruments. Price markers - only available for zone width 0 - are now correctly formatted for US interest rate futures and FOREX.
Update June 5, 2011: New signature for GetNextBeginEnd() implemented.
Update June 21, 2011: The indicator now works with half-pip FOREX feeds. Indicator dialogue box improved.
Update July 20, 2011: Serialization of the plots changed.
Update September 13, 2011: Zones were not plotted correctly, when indicator was set to "UserDefinedValues".
Update December 12, 2011: Weekly and monthly pivots added. Levels R5, S5 added. Some labels changed. Label size is now adjustable. Globex Holiday Calendar for 2012 added.
Update July 26, 2012: Weekly and monthly pivot zones could be displayed for incomplete periods in DailyBars mode. Indicators now check whether the data for the prior week / prior month is complete.
Update December 13, 2013: Indicators entirely redesigned. Holiday calendar added for 2014.
Update December 28, 2014: Holiday calendar added for 2015. Price markers improved for US interest rate futures.
Detailed explanations how to use the indicator can be found here:
This indicator allows you to place price alerts in a very simple way.
- Add the indicator to your chart(s)
- Place one or more horizontal lines on your chart on the places where you would like an alert
E.g. near S&R levels or fib. levels
- Next when price crosses one of these lines you will get an audible alert
You can place as many lines as you like, and if you want to change one.. simply drag it up or down to its new price.
But please note.. it only works with a horizontal line, not with any other drawing element(s)
--- updated ---
Uploaded new version which source code.
September 27th, 2018
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1997
erwinbeckers
The below study plots user defined, manual input price levels. Typical use is with /CL or /6E. However it can be modified for any product/ price.
Other than typical price levels (example /CL) of 00.00, 00.25, 00.50, 00.75 it won't need much day to day modification (or load several copies of the study and comment out (# hashtag) lines you don't need.) Keep in mind when using several copies of this study each will need a unique name.
The closing price (settlement), yesterday high and low will need to be manually entered each day. Personally I like this feature because it should be done at the beginning of each trading day (get your head in it) regardless, at least if not on paper/ trading journal.
December 31st, 2014
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WilleeMac
Prior OHLC Day, Week & Month MTF AIO V1.1
Updated to RC1 Sep 2016: Do not delete or comment out !BarsArray[0].IsIntraday since this is a safety check to make sure you do not use on a >= Daily chart.
Rather, change to !BarsArray[0].BarsType.IsIntraday or download this new update.
Will work on Renko bars
* Plots prior Open, High, Low & Close.
* Daily, Weekly & Monthly all in one (AIO).
* Uses minute data behind Renko charts to plot accurate levels.
* Has a button you can use to show/hide the plot.
So you can plot several indicators per chart and hide them when not needed
* Can use solid lines.
Update April 2016:
Minor code update to prevent plotting/rendering issues.
Remember this is for Beta, so please PM me for bugs or fixes.
March 7th, 2016
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1716
Sim22
Being able to see large orders on the chart helps me enormously and can also be used to give bias.
My indicator looks for three types of events:
Large individual buys or sells (Pro orders)
Large groups of orders at any price (Block orders)
Bars with a high proportion of low size orders (Amateur orders)
In order to create a threshold above which to print the markers I use some stats functions from the Math.NET library so if you want to use my indicator you will need to add the DLL and a reference to it of course. I'm not a stats guy so I guessed at a mix of standard deviations and percentile for the thresholds and I've left these internal to the code. Different instruments respond very differently to these settings. Personally I just looked for settings that didn't flood the screen with markers yet gave enough to be of use - very subjective.
[For minute bar users (I use BetterRenko) this does NOT print the markers at the actual price level - it prints in the middle of the bar (OnBarClose) - not something relevant to me so I probably wouldn't be that keen to change it.]
[Apologies to the expert coders here - I have used the Draw function for these markers - in most of my other stuff I use plots, but I just couldn't get a good look with the standard plots.]
My own experience is I couldn't make any sense of the Amateur orders and so I switch them off. The Pro orders really work for me and I add in the Block orders for good measure.
I use these in various ways which I intend to expand on, but generally use them to establish levels that the pros are working at. Bottom line - when you see a load of these markers together - something is brewing!
Oh and I have exposed series for both Pro bars (0, 1, 2, 3 [+/-] for various types) and an overall bias (+1/-1) which is based either off the sign of the order or the price movement - for me I use the price movement e.g. a large sell that causes price to go up is often a better clue than a buy that does the same.
December 6th, 2018
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2020
Stevea94
This indicator can only be used for Range Charts with MultiCharts.
It indicates the possible location of the close of the current bar, and the open of the next. Either in case of up move or down move. So it draws 4 lines all together.
Let's take the example of a 8-range chart (8-point in MultiCharts' terminology).
Let L and H be the current Low and the current High of the bar under formation.
If the price moves up and reaches L + 9 ticks, the current bar will be closed at L + 8 ticks, and the next bar will open at L + 9 ticks.
If the price moves down and reaches H - 9 ticks, the current bar will be closed at H - 8 ticks, and the next bar will open at H - 9 ticks.
So, when a bar is under formation, the indicator draws 2 little dotted lines above the bar, at L+8 and L+9, as well as 2 little dotted lines below the bar, at H-8 and H-9. They correspond to the possible levels of the close of the current bar, and the open of the next, either in the case of an up move, or in the case of a down move.
It has to be underlined that, by definition of a range chart, these positions are not final. If the current H or the current L of the bar under formation moves, the dotted lines will move also.
However, as soon as current H-L of the current bar equals 8 ticks, we know for sure the position of the 4 above-mentioned open and close, and the line becomes solid.
June 12th, 2012
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1200
Nicolas11
Version 1.0 March 12, 2017
The Range Weighted Moving Average (RWMA) is weighted moving average which uses the square of the range of the bar as weighting factor. The exact formula for the weighting factor has the bar range replaced with the number of tick levels covered by the bar.
Volatility is driven by volume and is approximately proportional to the square root of volume. Therefore it is possible to use the squared range as a proxy for volume. This is interesting when genuine volume figures are not available. This would be the case
- for FOREX data that comes without historical backfill for volume
- for instruments that are driven by other markets outside of the regular session
In these cases the VWMA may be distorted, whereas the RWMA will still return proper results.
Ninjatrader comes with a built-in risk/reward drawing tool.
However i like the one from tradingview much better
This drawing tool adds a tradingview look-a-like risk/reward tool to ninja trader for both long and short positions
When placing a R/R drawing tool on your chart you can move it around, drag the stoploss/target to its correct price levels and the risk/reward ratio will be updated in real time
After installing you can find the risk/reward tools under the drawing tools menu.
There's a long position tool and a short position drawing tool
Note you can assign keyboard shortcuts to the risk/reward drawing tools using the tools->Hot Keys menu.
3-11-2018 : version 1.0.0.0 5-11-2018 : version 1.0.0.1 bugfix to make it work with all instruments
November 3rd, 2018
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2012
erwinbeckers
NEW! Updated on March 1 because of run time errors in NT7B10. Cleaned up the code in the OnMarketDepth method, and removed list row creation from Plot method.
The Histogram Width Factor gives you full control of that width, and is a double, not an integer. For the ES you might want to go as low as 0.15. Also note that the bar opacity is on a scale of 0 to 255.
The histogram will auto scale according to the width of the chart, to always leave some space to the left of the longest histogram bar regardless of your Histogram Width Factor setting.
You can also select the number of rows to display with MaxRows, under Level II Settings. For most instruments, you can get a maximum of ten levels of bid and ask.
Thanks to John Thom for the original version and to RJay for the updated version. All I did was make it run in NT7. I am a strong advocate of migrating to NT7 ASAP.
January 27th, 2010
Size: 9.92 KB
Downloaded: 2031 times
304
Zondor
This is a level 2 indicator. It measures market supply, not market volume.
This indicator can display all levels, a range of levels, or just a single level of supply in the level 2 book.
There are three variables with this indicator that can be set.
Beginning level, ending level, and smooth.
The first two sub panels are displaying all levels, raw data, then smoothed.
The last two sub panels are displaying just level 0, raw data, then smoothed.
( Note: Level 0 supply is the supply that current best price Market Orders transact with.)
Because of the spike nature of book levels, I have built in the optional smooth feature which takes an EMA of the last 5 bars, minus the highest and lowest values of the five.
Also, the bar colors reflect the raw data direction, even on the smoothed version. This accounts for some red bars above and green bars below the center line in the smoothed version.
In the smooth setting, this indicator begins plotting after the fifth bar.
January 22nd, 2010
Size: 8.08 KB
Downloaded: 663 times
297
RJay
This is a level 2 indicator. It measures market supply, not market volume.
This indicator can display all levels, a range of levels, or just a single level of supply in the level 2 book.
There are three variables with this indicator that can be set.
Beginning level, ending level, and smooth.
The first two sub panels are displaying all levels, raw data, then smoothed.
The last two sub panels are displaying just level 0, raw data, then smoothed.
( Note: Level 0 supply is the supply that current best price Market Orders transact with.)
Because of the spike nature of book levels, I have built in the optional smooth feature which takes an EMA of the last 5 bars, minus the highest and lowest values of the five.
In the smooth setting, this indicator begins plotting after the fifth bar.
January 22nd, 2010
Size: 8.03 KB
Downloaded: 514 times
298
RJay
This is a level 2 indicator. It measures market supply, not market volume.
This indicator can display all levels, a range of levels, or just a single level of supply in the level 2 book.
There are three variables with this indicator that can be set.
Beginning level, ending level, and smooth.
The first two sub panels are displaying all levels, raw data, then smoothed.
The last two sub panels are displaying just level 0, raw data, then smoothed.
( Note: Level 0 supply is the supply that current best price Market Orders transact with.)
Because of the spike nature of book levels, I have built in the optional smooth feature which takes an EMA of the last 5 bars, minus the highest and lowest values of the five.
In the smooth setting, this indicator begins plotting after the fifth bar.
January 22nd, 2010
Size: 8.04 KB
Downloaded: 480 times
299
RJay
Exported using NT Version 7.0.1000.26
Indicators will only run on NT 7.0.1000.5 or later.
This is an indicator that plots pivots for a n-day rolling period. It has similar features as the Daily Pivots indicator from the Session Pivots family. The default setting for the lookback period is 3 days. The midline is identical with the 50% Balance Point Indicator.
Options: Floor pivots, pivot range, midpivots, floor pivots wide, Jackson Zones, Fibonacci pivots, Camarilla pivots, VWAP of the rolling period .
Chart settings: Please set the right side margin under chart properties to 200 to allow for correct display of the labels. The colors are 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.
Use of daily data on intraday charts: The rolling pivot indicator is designed to load daily data, if the option for "Calculate from session" is set to “Daily Bars”. This the data used by the indicator:
"Calculate from session" = "DailyBars": Pivots are entirely calculated from daily data.
"Calculate from session" = "ETH" & "Settlement/Close" = "DailyBars": High and low are taken from the full intraday sessions. The close or settlement price is taken from daily data.
"Calculate from session" = "RTH" & "Settlement/Close" = "DailyBars": High and low are taken from the regular intraday sessions. The close or settlement price is taken from daily data.
"Calculate from session" = "ETH" & "Settlement/Close" = "Intraday Close": High and low are taken from the full intraday sessions. The close is the last price traded for the full session.
"Calculate from session" = "RTH" & "Settlement/Close" = "Intraday Close": High and low are taken from the regular intraday sessions. The close is the last price traded for the regular session.
Auto setting: The Auto setting will preselect ETH for FOREX and all CME currency futures, but preselect RTH for all other instruments.
VWAP: The VWAP of the rolling period is always calculated from intraday data. Depending on the chart resolution it can be a few ticks off the correct value.
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 display double day sessions for these days for all GLOBEX and NYMEX traded instruments.
Update Jan 23 2011: Globex Holiday Calendar for 2011. Holiday sessions will only be applied to Globex instruments. Price markers are now correctly formatted for US interest rate futures and FOREX.
Update June 5, 2011: New signature for GetNextBeginEnd() implemented.
Update June 21, 2011: The indicator now works with half-pip FOREX feeds. Indicator dialogue box improved.
Update July 20, 2011: Serialization of the plots changed.
Update December 17, 2011: Levels R5, S5 and pivot range added. Label size is now adjustable. Globex Holiday Calendar for 2012 added.
Update July 7, 2012: Shading for Jackson Zones added.
Update December 15, 2013: Indicator entirely redesigned. Holiday calendar added for 2014.
Update December 28, 2014: Holiday calendar added for 2015. Price markers improved for US interest rate futures.
Detailed explanations how to use the indicator can be found here:
This code allows lines to be drawn at regular price levels. I had this converted professionally from a NT7 indicator so I cannot assist with support.
The lines are customisable with the usual line options as well as the line length.
I hope someone else finds it helpful.
Plot markers at round numbers above and below the market. User may also specify a list of number levels to mark, by using the 'Numbers ending with' parameter, i.e. "00, 25, 50" will mark all prices ending with those digits
This indicator was designed to provide an entry signal, in either a trending configuration using an EMA filter, or via a countertrend formation (especially in range bound markets) using a higher sensitivity threshold.
There are 4 available parameters which guide output. The WARNING levels, and the SIGNAL thresholds.
Maximum values for WARNING or SIGNAL should not exceed (normally) + or minus 7.
Indicator works best with non-minute bars (tick, range, renko, volume).
When deployed with trend filters, consider using a lower WARNING and SIGNAL sensitivity range to define possible pullback entry areas. If no filter (EMA) is used, watch for punctures of the signal candle high/low for continuation movements.
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.
July 30th, 2014 07:30 PM bobc635 Thanks Zondor.... I have another version... look forward to looking at this. I use it along with GOMIs Ladder and Volum
e tools.
January 3rd, 2014 08:32 PM XxBrianxX Thanks Zondor
October 6th, 2013 11:02 PM cibarcena The title says v2 but you included the old version jtRealstatsNT7v106. Thanks
November 30th, 2012 06:35 AM dilbert618 Thank you Zondor
October 12th, 2010 10:35 PM ghman101 Thanks a million! Question, would it be hard to add the Initial Balance Period also? Something I use and would sure e
njoy. Thanks again, gh
April 5th, 2010 01:39 PM wavey Thanks for the update
September 25th, 2015 07:55 PM aaronrrc Exactly what I needed, Thank you @monpere !!
September 5th, 2014 12:01 AM jrs659 thanks
July 22nd, 2012 08:23 AM Renkotrader Hello! I tried to use this indicator, but in each instrument, I use, this indicator does not work. Can you support/solve
this problem? Thanks a lot, Renkotrader
June 7th, 2011 10:26 AM DrE6 Great tool which would be very helpful for me. However it does not work on my NT7, I can not see anything. Could you ple
ase help? I added 00, 50 in the number ending in parameter field to get the plot marker e.g. at a price of 1.4400 or 1.4
September 23rd, 2016 07:30 PM BoltTrader I love this indicator so much that I downloaded it again to my new trading laptop! Thank you again!!!
June 27th, 2016 10:17 AM BoltTrader Super helpful! Thank you!!
August 19th, 2014 07:51 AM landau Great Idea! I'm still in the learning phase with support and resistance areas, and it looks like an excellent refining t
June 23rd, 2016 08:48 PM tradethetick Thanks for the indicator. I am not sure how to change EMA to SMA or the MACD settings in the indicator. Is there guide o
n how to set this up?
January 3rd, 2016 12:34 PM dnkhoward2 Thanks Fat Tails
March 2nd, 2019 07:20 AM Cerebro Simple, Elegant, Reliable & Useful - Thx!
March 18th, 2015 09:04 PM Tony09 Thank you, Great Indicator..Using every day now
November 18th, 2014 11:46 PM fourtiwinks Thanks very much for sharing, matervisky! Wishing you success in your live combine and may you be a Senior Trader soon..
April 28th, 2015 08:20 PM Twar Is it possible to modify this so i only can get close rate last bar / candle?
I dont need anythiong else, this would have been perfect to See previous close strike much easier.
January 6th, 2015 10:19 PM dboy I was actually searching for this type of script. Had a small issue with some of the code plots but will work them out.
November 24th, 2023 09:12 PM FundedTrader82 Works good on Gold.
April 26th, 2023 08:44 PM Blessedprofits Thank you for sharing the tool. How do you get it to print price at the end of each line? And how do you adjust the spac
ing?
October 8th, 2021 09:08 AM rickr Thx for your contribution
June 18th, 2021 09:15 AM tonylou Excellent visual indicator to show speed and range of the market.
It worked great on my desktop. I also installed on a laptop but the lined are off. I wanted the lines at a certain numbe
r but they seem to have a mind of their own. At least it works on my desktop...
September 26th, 2017 12:31 PM Shredder This indicator expires after a couple weeks and a pop up is shown at every restart that you have to contact BTTFT to pur
chase.. Waste of time in downloading what is presumed to be a free generously provided indicator
September 7th, 2017 11:39 PM molleti
September 4th, 2017 10:38 AM pacopil felicidades por el<indicador
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!!!