NinjaTrader do not have Dynamic Data Exchange (DDE) capability. This indicator helps one to build a DDE connection between NT and any client application like excel. NT acts as the server and sends the data.
.Net do not supports DDE natively but there is a very good free open source library namely NDDE, which i have used to make the dde link.
The indicator uses many "non-supported stuffs". So use/edit is judiciously.
an alternative to the native Data Box or the Mini Data box dsDataBox displays the OHLC in the tool strip of the chart. Can be edited to include custom information like volume etc. It uses many non supported stuffs so do take care on that.
I converted the minute data cunparis uploaded to the Pacific time zone using this attached tool. If you want the data converted to another time zone you can use this tool yourself. This is a Visual Studio C# project. If you don't want to deal with Visual Studio you can just run the .EXE file in the /bin/Debug folder. Once it converts your data it saves it in the same folder as your source file with the same name with the extension ".converted" appended to it.
I took the data cunparis posted here but when I import it the times of the data are all based on US Eastern time zone time, but all of my data in Ninja is local to my time zone (US Pacific time zone) so merging my local, current data to this historical data would be a mess. So I wrote a program that reads in the .txt file, subtracts X hours from the time and writes out a new file. The result is attached here. I used this tool to convert the data, which you can download and use yourself if you want to convert it to a different time zone.
The indicator works a little different than websouth's implementation, because he was using the displacement chart feature which puts lines behind (historical) price. Within the indicator, I just painted the line using historical data, but it still plots real-time.
At any rate, it is a very interesting indicator. Sometimes it is a thing of beauty, others the visual aesthetics are not appealing but that usually means chop. If the indicator looks like shit then the price action is probably shit, too.
All colors are fully configurable, as is the shading, and opacity. You can also control the historical period rate.
Attached are a few screens plus the indicator. It's the top panel stuff.
This comes from is an entire thread devoted to this method.
The Wizard produced the following on a 1-year backtest for YM (4-tick MedianRenko):
$231K Gross Profit (almost $164K after commission assuming $5 rt)
close to 13,500 trades / 37 trades per day (hope to reduce it w filters to minimize choppy trades)
66.2% win rate
Trade Size: 1 contract/trade
Profit Target: 25
SL: 15
I believe the following filters will make this strategy a very profitable one when running live:
- minimize choppy signals and
- adjust the initial 15-tick SL to B/E when the trade starts working
This is a linear undecimated Haar transform implemented via lifting.
I had intended on posting this indicator here a while back but at the time I was getting swamped with questions about the particle oscillator and I didn't want to add fuel to the fire considering that this indicator is significantly more complicated with a large number of options and different ways it could be used.
I made two annotated screenshots that explain the basic options and some background on wavelets. The third screenshot shows a time decomposition as well as another colorscheme.
I don't mind fielding questions about this indicator or wavelets in general but please try and ask good questions, ie not 'what settings do i use for intstrument xx'
While this indicator can be used 'as is'.. I would still encourage any who are interested in wavelets to read up on the theory behind them and how to construct other wavelet transforms via lifting. The more you understand wavelets the more useful they will be for you. A good place to start learning about more advanced techniques would be to research nonlinear transforms commonly used for 'edge detection'.
June 13th, 2010
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Downloaded: 530 times
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sefstrat
Volume/Stochastic/Reversal Bars
wanted to go ahead and share something that Big Mike wrote for me that may help you in your trading. This indicator utilizes Volume, Stochastics, and Reversal Bars, to plot out potential reversals in the market.
I have found that it works especially well with Range Charts. I will say the Volume component has to be tuned down under 1.00 or a lot of triggers get filtered out. Probabably some enhancements could be made in that arena.
Caution should be taken on Trending days as a lot of false signals will be generated. It is best used as a supplement to other indicators.
May 8th, 2017 10:13 AM moneypenny Mike - This indicator has made more difference in my trading than any other so far! THANK YOU!!!!!whoo:
January 10th, 2016 07:01 PM bobc635 Thanks Mike.... looks very nice. Playing with PnF on CL futures. PnF seems to give a better look for my eye... I am l
iking it.
Bob
October 16th, 2014 10:20 AM ShaunG I am not a hundred present sure how it work's Mike! Sure is a thing of beauty! Thanks!
October 6th, 2014 11:37 PM TakingStock12 Very nice indicator Mike! Very helpful -- thanks!
February 2nd, 2011 01:48 PM minsalaco Mike: I've loaded the Wave Indicator but looks different from your four screen shots in that the entry and exit indicat
ors that are below the price action are missing. For this indicator, what are you using for entry and exit points? Is
there another indicator I should be using with the Wave Indicator? Thanks in advance.
June 12th, 2016 10:25 AM dilbert618 awesome tool, thank you
July 13th, 2015 06:20 AM bebop Thank you!
November 30th, 2012 05:16 AM dilbert618 Thanks shodson, very useful tool.
October 3rd, 2010 08:24 PM zacharydw00 dadof3and3 fixed this similar program, that is on NT's forum, for me. He fix a couple if issues with it. The original
version didn't convert all 24 hrs of data. It stopped at 4:15 and skipped to the next day. Also, it crashed on files l
arger than 300MB. In addition to the fixes, he increased the number of time zones to add or subtract. To answer BM;s q
uestion, I've used it to convert 600MB tick files. I'm not sure where he posted the fixed version, or if he did post i
t. Check NT's forum.
June 13th, 2010 07:35 PM Big Mike Thanks for this, a lot of people needing this. But will it work for tick data as well?