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156

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NWT Bar Timer - Play a sound at a set interval prior to each bar closure

Hi All,

My main chart is a 5min chart and I place orders just prior to the completion of each bar.
I tend to get distracted looking at other things and miss the bars closure.
So I created a Bar time that plays WAV files at user defined periods prior to the end of the bars closure. Ie 30 seconds before and 10 seconds before.

Neil.

Category MultiCharts

Details: NWT Bar Timer - Play a sound at a set interval prior to each bar closure
Category: MultiCharts

July 29th, 2011
Size: 5.79 KB
Downloaded: 202 times

NWT DOW - Automatically display the DOW (Day of the week) on the chart

Hi All,

At the end of the day, I print out the days chart and file it away. I was manually writing the day of the week on the chart, to later see if there was correlation in the DOW price action.
So to make life easier I thought I might as well print this on the chart automatically as each day starts. So on the first tick of the day, it prints the DOW to the left of the first bar.
The drawing of the DOW is actually in two parts.
1. Is the calculation of the DOW and placement into a string.
2. The actual printing of the string using a function.called "printtext"
The PrintText function has input parameters for the Day,time,position,text,size,color AND printing of the text in either a horizontal or vertical format.

The printtext function could be used for a multiple of things ie vertical printing text directly above a bar ie "Inside Bar" or whatever.

Neil.

Category MultiCharts

Details: NWT DOW - Automatically display the DOW (Day of the week) on the chart
Category: MultiCharts

July 29th, 2011
Size: 12.04 KB
Downloaded: 199 times

NWT Event Reminder

Hi All,

The market I trade goes from 9:50AM to 4:30PM.
During this time I get so wrapped in the trades that I tend to forget about what time it is and other external or market related events that happen at specific times.
As an example, most morning trends tend to finish around 11:30AM.
But there are also other events that happen that can effect the price of the market I'm trading, such as Forex news announcements, CPI news etc. All of these are at specfic times of the day (I use ForexFactory.com to look up this information each morning and enter into this study)
So I tought it would be handy to have a reminder/alarm clock for these events.

So the the attached file study allows 3 time based events to be entered that will generate Alerts in Multicharts 10min prior, 5min prior and the actual event time. There is also a EOD (End of Day) time that can also be entered.

When the Alert happens, it displays the yellow Multicharts Alert box with the description of the Alert that was triggered ie "CPI News Announcement"
The Alert/Propeties can be set to automatically clear after a certain period ie 10secs or only clear by clicking on the alert with the mouse. (My preferred way)

Neil.

Category MultiCharts

Details: NWT Event Reminder
Category: MultiCharts

July 29th, 2011
Size: 4.65 KB
Downloaded: 174 times

Note Pannel

Exported using NT7.00006.

Here is an interesting indicator for placing notes on a chart. Credit goes to Snaphook on Ninja Forum. It can be dropped on the main panel or a panel of its own. You can write up to 10 comments in various color and font sizes.

I find it very useful to list my rules as a reminder on my trading chart.

The attached example screenshot shows Roger Felton's entry and money management rules discussed in his last BMT webinar. Here I have used a Panel Left Edge offset of 530.

I am posting in BMT Elite Section to show Roger's trading rules, otherwise the indicator is public on Ninja Forum downloads.

Enjoy and thank Snaphook!

Category The Elite Circle

Details: Note Pannel
Category: The Elite Circle

July 29th, 2011
Size: 3.76 KB
Downloaded: 545 times

Keywords: panel note

Market Stats Indicator V1.0 with VWAP and POC from JPerl Thread

This indicator plots VWAP along with Standard Deviation Bands. It also plots a rolling intraday POC along with it.

Then the Skew, current size of ONE Standard Deviation, and the percentage ratio of skew to ONE Standard Deviation are all calculated. These are then displayed in the upper left hand corner.

General idea is based on Skew and trading around that. Skew is the relationship between the VWAP and the POC. A small skew implies the market is currently in a ranging environment. A larger skew implies the market is trending as the POC and VWAP are separating.

Positive Skew occurs when the VWAP is above the POC.
Negative Skew occurs when the VWAP is below the POC.
Symetrical Skew occurs when the VWAP ~= POC

Price below VWAP implies downtrend.
Price above VWAP implies uptrend.

The skewToStandard Deviation % is the ratio of the skew to the size of ONE standard Deviation. I put that there as a possible way to monitor how the skew may be stacking up to current volatility, i.e. the current standard Deviations....which is the distance between the bands. This should be a better measurement that a fixed number, as it is tied to volatility. The higher the %, the smaller the skew, the less likely a trend is in place.

I do not use these things and coded for a buddy. Details of how to trade them can be found at HERE.

I also have a pdf 'cliff notes' summary of the thread, but I can only seem to post one attachment with this indicator. If you want it, send a pm and I'll send it to you.

After some real time monitoring, I will update the next version with more customization for the end user such as more plotting options, color bars, trend etc.......

Notes, please read:

This indicator is an early release, I will update with new version in the near future
The newer version will have more plotting and display options
Also included will be a buffer to decide how much seperation to determine trending vs chop
Right now, the START TIME for the POC is there, but the START TIME for the VWAP is NOT. By default it starts and ends at the END of the US session, which is what most people will use I imagine. Will update in next release.

I had this up earlier but realized it didn't export from NT properly. I had someone else test it and this one should work fine.