Here's a ADXVMA indicator with bands (similar to Keltner Channel). I've put this together in NT 6.5, but I've checked and it imports into NT 7 without any problems, and as far as I can tell it does not repaint. Please let me know if you have any comments.
December 9th, 2010
Size: 5.12 KB
Downloaded: 1147 times
759
john2000
Exported using NT 7.0.1000.1
This is a simple indicator that colors the background of your charts according to the current session template.
To use the indicator you first need to create a session template that reflects the different intraday sessions. The chart shows Crude Oil using the following session template (all times are EST for NYMEX)
Night session: 6:00 PM - 9:00 AM
RTH session: 9:00 AM - 2:30 PM
Evening session: 2:30 PM - 5:15 PM
Select the session template as your default template via instrument manager and display all charts with <instrument settings>. When toggling between instruments the chart will now select the appropriate session for your instruments automatically.
The BB's are based on a 20 SMA and 3x multiples thereof: 20 (green), 60 (blue), 180 (red), 540 (White or Black). They create natural SR levels since they are based on the statistical distance from the SMA.
A BB Cluster is when two or more outer BBs are synchronous... the more the stronger; the higher the TF, the stronger; the longer the chart TF, the stronger.
Good for seeing trend (or not); good for seeing possible SR (support/resistance); good for deciding when to exit (hint... HVS - high volume spike - on a 30 sec chart and price goes outside the bands on whatever TF you are watching... drop all but one and wait for the PB).
This indicator combines the overbought and oversold logic of Bollinger Bands and that of the Relative Strength Index. When the RSI line crosses below the upper bollinger band from above, it is a signal to sell. When the RSI line crosses the lower bollinger band from below, it is a signal to buy.
This is the original Pattern Recognition, with minor changes : the text and the arrow distance from the candle can be set. Also the text can be hide.
Simple Strategy:
Buy when KeltnerMulticolor midband is green (uptrend), and the price reverse right to the lower band and bullish pattern appears.
Exit at the opposite band.
Sell when midband is red (downtrend), and the price reverse to the upper band and bearish pattern appears.
Exit at the opposite band.
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
December 6th, 2010
Size: 11.32 KB
Downloaded: 595 times
755
forexfelix
I tripped over this indicator (version NT 6.5) from Ninja Trader Support Forum. Thanks to Sam028 and Fat Tails we now have a compatible version for NT 7. Enjoy!
December 5th, 2010
Size: 6.25 KB
Downloaded: 2479 times
753
wgreenie
I tripped over this indicator and it's from Ninja Trader Support Forum. For me, it's a great learning tool before I can draw trend lines myself .. smile ..
January 8th, 2016 06:27 PM dyst Wow, just found this one today. Tested it, and works perfectly fine in NT7.0 (unlike the one in Ninja forum which is out
dated). Thank u so much! Will save me lots of time drawing lines!
October 16th, 2015 02:17 PM paully859 Will give it a try
April 14th, 2013 12:04 PM alextrade1 nice indicator thanks
January 5th, 2011 08:22 PM danathetrader I will give it a try thanks...
February 8th, 2011 08:20 PM allofpm what is this chanel indicator youhave on your chart?
December 30th, 2010 06:41 PM Southsea Thanks for the indicator, but I can't download it because it's a cs file. Can you provide it in a zip format? Thanks s
o much!
December 11th, 2010 03:25 PM greathopes Wow I love this indicator sorry but I cant get it to run on Ninja 7.0. It loads but I can't find it in th
e indicator list. It says to close and reopen ninja to get it but to no avail...