The Vortex Indicator consists of two oscillators that capture positive and negative trend movement.
A bullish signal triggers when the positive trend indicator crosses above the negative trend indicator or a key level.
A bearish signal triggers when the negative trend indicator crosses above the positive trend indicator or a key level. The Vortex Indicator is either above or below these levels, which means it always has a clear bullish or bearish bias.
Calculation of the Vortex Indicator can be divided into three parts. First, calculate the positive and negative trend movements based on the highs and lows of the last two periods. Positive trend movement is the distance from the current high to the prior low. The further the current high is from the prior low, the more positive the trend movement. Negative trend movement is the distance from the current low to the prior high. The further the current low is from the prior high, the more negative the trend movement. These periodic values are then summed based on the indicator setting, which is the usually 14 periods.
The second part involves the True Range, which was created by Welles Wilder. This indicator uses the current high, current low and prior close to measure volatility
The third part normalizes the positive and negative trend movements by dividing them by the True Range. In effect, the Vortex Indicator shows volatility-adjusted positive trend movement and volatility-adjusted negative trend movement. The end result creates to indicators that oscillate above/below 1.
Please Keep in mind that the Vortex Indicator is not designed as a standalone indicator.
April 26th, 2014
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RADO
This Indicator is the Raff Regression Channel or RRC. Some credit needs to be given to FatTails as I used his regression channel that painted bars as a starting point. You can find his code here:
- Option to select between the original Heikin-Ashi bars created by Dan Valcu and the modified Heikin-Ashi bars suggested by Sylvain Vervoort.
- The Heikin-Ashi candles can be smoothed with median, mode and 27 different moving averages. Please select between the 2 types of Heikin-Ashi bars, smoothed Dan_Valcu candles and smoothed Sylvain_Vervoort candles.
- Indicator can be used on price panel or other panels.
- Candle color and candle outline color can each be selected.
- A paintbar indicator is included that allows to color bars according to the Heikin Ashi trend. The paintbar indicator allows to access the trend via a BoolSeries, which can be used by automated strategies or other indicators.
Update January 13, 2011: Indicator can be used on secondary panels.
Update July 3, 2012: Formula used by Sylvain Vervoort added. Second paintbar indicator added that can be used as a trendfilter.
Update August 16, 2012: Smoothing methods added. Plot modified. Indicators can now be displaced.
Update August 31, 2012: Ehlers Filter updated.
Update August 20, 2013: Tillson T3 added, Heikin-Ashi trend exposed as public BoolSeries, HA Open, High, Low and Close can be selected as input series or accessed by a strategy.
Update April 5, 2014: Small copy & paste bug removed, values were not correctly set to BoolSeries for the HA indicator.
This is a quick implementation of the Klinger Volume Oscillator as published by Stephen J.Klinger in the December 1997 issue of Technical Analysis of Stocks & Commodities. Here is a short recapitulation of how he trades the oscillator.
"The most powerful use of the KVO comes when the indicator reaches an extreme reading either above or below the center line and reverses direction. This signals an exhaustion of the prevailing trend and warns of an impending reversal in price.
The most reliable signals occur in the direction of the prevailing trend. Trades against the trend tend to be high-risk ventures.
The most important signal occurs when the KVO diverges from price action, especially on price extremes, either in
overbought or oversold territory. When a security makes a new high or low for a cycle and the KVO fails to confirm
this, the indicator is warning that the trend is losing momentum and nearing completion."
Introduction:
Trend Bars Hi Low is a very simple trend indicator in the form of a Paint Bar study.
Bars trending up have higher highs and higher lows, bars trending down have lower lows and lower highs.
Options:
The indie has a couple of options
1. Period - this allows you to increase the lookback period to more than one bar
2. Ignore Inside bars - set this to true if you wish for smaller - less significant - bars that have lower highs and higher lows to be ignored in your trend path
How to use it:
1. Use it on time based bars - won't make sense on anything else.
2. Look to a higher timeframe - is the trend up or down and how advanced is it - too advanced => maybe time for a pulback
3. In your trading timeframe look for signals of pullbacks that suit your trading direction
4. Entries: Following a pullback enter on candles that have your trend color - i.e. enter long when the direction is starting to move up after a period of downtrending candles
5. Exits : Trail your entry and exit when the trend turns against you
Version:
1.0 - Original Version
Credits:
Ripped off from various indicators by @Silvester17, @Abde, @Dorschden
Description: Displays the date of each day of the chart in a user specified format, in a subpanel. The date format is completely under your control. You determine when the date displays. The dates scroll with the chart.
Enhancements
- Print date on the first bar of the day or at a time of your choosing.
- Set opacity of the date background color (0-10). 0 = invisible, 10 = solid.
If you have enhancements you'd like to see, let me know.
March 29th, 2014
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SteveW
Exported using NT Version 7.0.1000.14
Submitted by ivatan1962 09-11-2013 on the Ninjatrader Forum
Description
Market Profile, IB, Open Range, TPO, Price Histogram, Value Area, POC, Virgin POC, Volume Histogram.
Important: Not final version, tested with ES, not
sure it will work with other instruments.Please feel free to report any issues, suggestions, etc.
To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
The purpose of the Universal Timed Alerts is to provide early notification of up to 10 user defined time events, such as Market open, news, reversal periods, no trade periods, etc. The indicator will work on non-time based charts such as Range and Unirenko. It will also work on time based charts. It uses its own timer system to trigger without need of onbarupdates.
Each user defined event is preceded by two early alerts, by default set to 5 minutes before and 1 minute before event.
Features:
1) From 1 to 10 User definable events.
2) For each event, a user defined message.
3) Two adjustable pre-event time notification periods
4) Adjustable background color, text font/size, textbox location.
Notification methods/mean available:
1) Color background starting at the earliest pre-event time up to the event start time
2) On chart Text box showing user defined message and count down timer to event (showing minutes:seconds).
3) Two user definable audio alerts (one for each pre-event)
4) Can output to NinjaTrader Alert window.
Note 1: By default, indicator will open showing only 1 event. To add more events, change the first line (Number Of Events) from 1 up to 10. After pressing enter or clicking elsewhere in the indicator, the indicator will resize showing the selected number of events and messages.
Note 2: Text box color is fixed and will start with yellow background and black letters. When the final pre-event timer triggers it will change the text box background to red, with white letters. The text box opacity can be set from 1 to 10 (10% to 100%). the text box can be display in any of 5 positions, the 4 corners and center. Option: If you install the indicator in its own panel or overlay it on another indicator panel, the text box and coloring will stay in that panel.
Another use of this indicator would be to color the background at different times, like creating a no trade zone of time. To do this set the pre-event 1 to the duration of the zone and the Event time to be the end period of that zone. The pre-event time does apply to all events and is not individually adjustable, in this version.
Update 3/30/14 Version 1.1
Added ability to dynamically show and leave historical Alert Markers (Vertical line) with small text box.