V2.0 - Automated drawing of Blue rectangle on the chart
You can access the plot value be using BBKCDelta[0] (for the current bar) in your trading strategies...
Message me with questions..
Thanks.
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I wrote this indicator recently to help identify possible consolidation in the market. It detects times when Bollinger Band squeezes within the Keltner Channel (implies consolidation) and plots as a histogram below the chart.
Bollinger Band and Keltner Channel Period may be customized. Default 20
Keltner Channel Offset default is 1.5
I have provided for an additional offset parameter to adjust the Squeeze threshold. This helps lead the beginning of consolidation. Default is 0.5; I usually set it to 1.5. Works for me. More picky about trade signals...
I use it towards confirming my trend based trades.
Please post your questions, comments and/or feedback.
May 15th, 2019
Size: 8.42 KB
Downloaded: 1127 times
2067
srshanta
This seems to have 4 fib pieces. two fans, concentric circles, a spiral. It worked for me. I would like to be able to turn off some the fans and just play with the circles. but it is a good indie. just "open" the file by clicking on it. should self install. then i believe MT4 has to be exited and restarted, but not sure that is absolutely necessarry. I down loaded this from a blog. prior version of this indie listed on the MT4 indies has link broken, so try this one.
I've been a fan of Better Renko bars for several years now and was looking for a way to identify when a Wick or a Tail on a Better Renko bar was larger than the setting I had chosen.
Eg., Using a 4 Better Renko bar setting on the ES and looking for Wicks or Tails that were 5 ticks or greater.
This little indicator will do that for you. It simply draws an Arrow symbol above or below the corresponding Wick or Tail.
When I trade the NQ I prefer a 3 Better Renko bar, I use the irWicksandTails indicator to highlight 4 tick Wicks or Tails.
I don't use them for trade entries, I just note when they start to show up and rely on their presence to help me discern a "short term" trend bias.
This indicator is for NT-8, and was compiled with Version 8.0.17.2 64 Bit
April 30th, 2019
Size: 2.06 KB
Downloaded: 245 times
2062
jpygbp
thanks to larrybetsy's posts on volume profile and tpo, i copied his format to add this function to the standard tos monkey bars. in the options you can toggle to "separate" the ETH and RTH profiles, or "combine" the day into a single standard profile all within the same study (no need for 2 separate studies). all other standard tos options still remain, i just have them turned off atm in screenshot. props again goes out to larrybetsy
April 27th, 2019
Size: 993 bytes
Downloaded: 849 times
2060
theelderwand
HI All,
I have created a simple indicator that "paints" regions on the chart based on ADX and EMA.
Very Simple algorithm:
Chart paints regions only when ADX is above a customizable level. Default is 15.
Region Color Green: ADX Rising; EMA Rising (Potentially Bullish Trending)
Region Color Blue: ADX Falling; EMA Rising (Potentially Reversal)
Region Color Red: ADX Rising; EMA Falling (Potentially Bearish Trending)
Region Color Yellow: ADX Falling; EMA Falling(Potentially Reversal)
You can use this indicator as a means of confluence with other strategies you may have.
I am new to this forum and my first attempt at publishing my program. Hence I am not aware of all caveats that I need to include here. But this is merely an indicator that portrays ADX Value and EMA Value movements. This is not by any means a suggestion to trade !!
Please provide your feedback and suggestions. Would appreciate that.
October 1st, 2022 04:05 PM Buscador Thanks for sharing
June 20th, 2021 07:53 AM bluedot thanks, appreciated!
November 9th, 2019 05:45 AM Phc1 I think it's better to use the DM indicator as basis , it has the advantage of having the ADX and the DM in combo , wher
e the DM shows momentum as Peter1 mentioned probably . took 2 screenshots :
-https://www.screencast.com/t/TkuRYjY96
-https://www.screencast.com/t/SrMkoaCB1XZK
https://www.investopedia.com/terms/a/adx.asp
November 9th, 2019 05:32 AM Phc1 I share Kcrawford's opinion :
Not bad, but a couple of things:
1) people should be able to change whatever colors to whatever they want
2) set the EMA so that it also can be adjusted, people are going to tinker with it, and want to.
3) set the ADX itself to the range they want there to,
THEN your indicator is complete and everyone can adjust it how they want.
November 8th, 2019 05:20 PM renvik Thanks for your effort.
January 4th, 2024 06:19 PM roc01 The MonkeyBars_ETHvRTH_Study is Powerful! Is there a way to make the trading-numbers LARGER? This is besides magnifyin
g the screen. If Not, then I just magnify the screen. However, quite an achievement! To pin-point the squeezes, I use
the 9 & 21 exponential MAs. Their tight parallel to the direction of when the 9 crosses the 21 points the direction of
the squeeze. Reliable, exacting and PROFITABLE! So, I rate this with 6 Stars!
November 8th, 2020 02:12 PM leftytennis
February 1st, 2020 09:00 PM Saham Thanks alot, this it what Iwas looking for.
May 19th, 2019 03:11 PM Best Intentions Great job. Thanks very much for providing this.
May 24th, 2020 01:44 PM FuturesBen tnx for the squeeze filter
March 13th, 2020 02:49 PM Zondor Incompetently coded using unacceptable beginner techniques. Tremendously inefficient.
October 4th, 2019 02:48 AM saikodi I cant seem to import this into Ninja Trader 7. Can you please confirm which version this is for?
September 27th, 2019 10:15 AM topdogtony This is great my first day in simNQ 1 contract 377 tick chart 2 trades made $670 and $760 on the 1 minute --tha
nk you thank you i will provide another update on this later on as I am keeping a record of how this does
May 27th, 2019 01:26 PM Ratdog Hello,
Would it be possible to add "rays" or "lines" from the top and bottoms of the boxes extending left or right horizontally
until touched / broken? (The "Swing indicator when set to lines could be a good example of this)..
Would it be possible to add multiple colors (preferably four) to the histogram? (Bright green, dark green, bright red da
rk red) for example?
Would it be possible to add volume profiles to the inside of these boxes?