This is an Average True Range Extension study with two inputs, one for a short length and another for a longer length based on the daily ATR values. It plots the extensions from the midpoint of they day price and can be overlapped on the day or only plotted on the right extension area of the chart.
*Rev 1: Fixed the ATR[#] label so it changes with the parameter change for the length.
October 3rd, 2015
Size: 2.75 KB
Downloaded: 325 times
1658
rmejia
Decycler indicators Exported with NinjaTrader 7.0.1000.30
Revised 11/1/15
Revisions:
1. Ability to specify Fast, Slow, or Both plots
2. Change the percent parameter to accept the more standard notation xx.y (%).
3. Remove all code related to the signals produced for Bloodhound.
Another indicator which contains Bloodhound codes will be posted on the Bloodhound thread here.
4. Add basic signal codes to replace the Bloodhound codes.
5. Ability to add dual bands for Fast, Slow, or Both plots with the following features:
-a. Different plot colors when using Dual Bands
-b. Inner and outer bands are calculated using VWStdDev each having user defined
multipliers and periods.
-c. user option to specify what values are used for the inner and outer bands follows:
--1. Fast- uses the appropriate inner or outer values derived from only the Fast midline.
--2. Slow- uses the appropriate inner or outer values derived from only the Slow midline.
--3. Min - uses the appropriate inner or outer values derived from the minimum values
of either the Fast or Slow inner and outer bands accordingly.
--4. Max - uses the appropriate inner or outer values derived from the maximum values
of either the Fast or Slow inner and outer bands accordingly.
--5. minMax - uses the minimum values from either the Fast or Slow inner for the plotted inner band, and the maximum values from either the Fast or Slow Outer band for the plotted outer band.
---6. Fast, Slow, or Both Plots is automatically set according to the Dual Band option chosen.
6. Separate parameters for Dual Bands to allow easier switching between Dual and non-Dual modes.
>>>End revisions 11/1/15<<<
The background for this indicator is explained in the entry DecyclerOscillators (above) and is not described here. [I]The download file is the same as the one posted in the DecyclerOscillator with both indicators contained in the download. The NT version can be downloaded from the link supplied in the DecyclerOscillator entry.
This indicator is the opposite of the high-pass filter with the SinpleDecycler plots created by subtracting the high-pass filtered data from the input stream allowing the decycler to display “the low-frequency components with virtually no lag.”. The author suggests the period parameter be a half-year period however, states, “the range of this variable is just about anything you choose.”.
In addition to the decycler plot the original indicator (show in the visual in the DecyclerOscillator) plots two lines that are plus and minus 0.5 percent from the low frequency decycle plot and are referred to as the hysteresis lines. The interpretation is that if Close prices are above the upper line the market is in an uptrend, with a downtrend indicated by Close prices below the lower line. No trend is when the prices fall within the lines.
Enhancements:
Warning!!!
The enhancements provided must be considered experimental as they are not part of the original concept described in Mr. Ehler’s article. More testing and experimenting needs to be performed in order to determine their usefulness.
The enhancements provide the ability to:
1. request a Single plot (Slow) or Dual plots (Slow and Fast) . The method to set the fast period lookback is similar to the DecyclerOscillator and can be either a “Percentage” from the slow period or the “AsSpecified” values for each parameter will be used.
2. vary the multiplier percentage used to form the hysteresis band.
3. use a standard deviation to determine the hysteresis band in lieu of a multiplier.
4. Specify three signaling options, Off, Basic, and Extended. The Extended signal is experimental and is intended to be used with Bloodhound. The signals produced are described in the thread here
5. paint the region between the two midRange decycler bands.
Credits with my thanks to:
1. @Fat Tails for the region painting code copied from his TriggerLines Indicator
2. @Fat Tails for his Volume Weighted Standard Deviation method used in the hysteresis band offset calculation
Change Log
9/29/2015 :- Initial release
10/1/2015 :- Correct error in algorithm code for calculating Fast plot in DecyclerOscillator
11/1/2015 : - Revisions described at top of page.
History:
v1 20100807 - @Aslan created to go with BetterRenko
v2 20100812- @Aslan changed to paint OHLC bar for live bar
v2 20150719 - @Dalebru converted to NT8. Exported with NinjaTrader 8.0.0.5
v2 20170102 = shanmugs added missing "Open" line
v2 201070201 - @DaleBru exported with NinjaTrader 8.0.4.0
September 26th, 2015
Size: 2.33 KB
Downloaded: 843 times
1654
dalebru
This is the NinjaTrader 8 version of BetterRenkoV2.
This Renko bar type is backtestable. It does not generate false "fill-in" bars. It maintains a true OHLC and displays properly with the Candlestick ChartStyle. If you want it to look like bricks, use the BetterBrick ChartStyle.
This is a tick-based bar, so initial loading can be slow. The NT8 "Break at EOD" feature is also supported, allowing bars to continue across session breaks.
September 26th, 2015
Size: 2.42 KB
Downloaded: 1460 times
1653
dalebru
Cumulative Tick and Tick Bars for Tradestation v1.0
Works on at least TradeStation 9.5 and later
Description:
Plots the Daily Cumulative Tick value. And Tick Bars (_HKCumTickCS) Plots the number of bars where the average tick was greater than a threshold value, less than a negative threshold value, or neutral.
Usage:
Create a $TICK tick chart and add indicator _DBCumTickSvr
Create another $TICK chart (any timeframe) and add indicator _DBCumTickClient and _HKCumTickCS.
Format the indicators and change the Style to Histogram and colors asChange the colors as desired.
Input Parameters:
_DBCumTickClient- CumDivisor is just a divisor of the total CumulativeTick value to make it more readable.
_HKCumTickCS- threshold is the value used to separate the up vs down vs neutral bars
September 16th, 2015
Size: 214.54 KB
Downloaded: 471 times
1651
sclecxe
TradeStation ShowMe and PaintBar studies for identifying and quantifying divergences between pairs of data series.
I wrote these studies with the intention of applying them to the S&P500 and the VIX, however they may be applied to any pair of data series.
To use, load a minute chart window with the SPY as data1 and the VIXY as data2. Make sure both series have the same bar settings ( ie, 5 minute and 5 minute ).
The paint bar study has a slightly weakened algorithm in order to give the viewer a “heads up” that the show me indicator may signal.
The example chart is 5 minute from 9/8/2015
Interpretation
A green dot under a bar is a long signal. It means the VIX is falling at a relatively greater quantity than the S&P is rising.
A red dot above bar is a short signal. It means the VIX is rising at a relatively greater quantity than the S&P is falling.
The studies work as follows:
The data series for data2 ( the VIX in our example ) is inverted by calculating the reciprocal of the close ( 1/close). This effectively flips the chart upside down.
The natural logarithmic returns for data1 and data2 are calculated and stored in a pair of data series for each.
The difference between the returns series are run through a pair of RSI oscillators in order to discover progressive divergences between them.
Change Log
2015-09-08 - Added support to automatically label the plots.
2015-09-14 - Speed enhancements. Reduced 5 loops through the correlation period to 1 loop.
The atgPairsCorrelation indicator plots the correlated logarithmic returns of two data series.
Thanks to @Oysteryx for helping me make this indicator.
The inputs to the indicator are standard price series data. The indicator internally generates the logarithmic returns and calculates and plots the correlation between them. The value ranges between -1 and +1. A positive value means that the two data series are correlated ( moving together ) while a negative value means they're moving in opposite directions. The magnitude of the value expresses the fidelity of the correlation. A value of 1 is achieved if you compare an instrument with itself.
In addition to comparing pairs of data series, special functionality is included that allows you to compare with an interest rate spread.
A template to load the indicator as displayed in the screen shot is available on the support thread. The template displays the correlations of the following instruments:
ES -> ZN/ZT spread
ES -> 6J
ES -> CL
ES -> GC
ES -> ZB
ES -> 6A
ES -> 6E
It’s assumed that the primary data series loaded on the chart is one of the two data series to be correlated. The chart series is always compared with one other series that the indicator loads internally. You may of course use any data series you want on the chart and in the settings for the indicator to run correlation studies on pairs of interest to you.
To use the template (see support thread ) load it on a chart of the ES with at least 365 days of daily data. This template loads 7 instances of the atgPairsCorrelation into a single chart panel so that their plots are overlaid.
Here are some basic property settings to configure the indicator to compare the ES to the 6J contract ( USDJPY futures contract ):
You must maintain the property settings for each instance so that the contract months are current.
Spreads
For running a correlation on an interest rate spread you must enter the two instruments involved in the spread into SpreadLeg1 and SpreadLeg2. In addition you must enter weights for each leg of the spread. the CME publishes these weights here:
September 8th, 2015
Size: 3.71 KB
Downloaded: 1023 times
1649
timendaGain
Draws a horizontal line at the current price which changes as price changes. A + or - offset in ticks from current price can also be applied. Has the added feature of drawing lines for the current Bid and Ask, but by default these lines are not displayed. The line styles are controlled using the Lines section listed within the indicator's settings/parameters dialog.
October 14th, 2023 12:15 AM Celinhuw Thank you very much!
May 18th, 2020 03:35 AM pipextract Cant see the chart-style in the drop down menu. I compiled the chart style
December 22nd, 2015 02:15 PM Seanbeshore1 Does not show as option as Brick in Data Series options. Image shown with download is BetterRenko not Better Brick.