Hello Traders, this indicator is one of my favorites. The fisher indicator is basically a histogram that tells you what the trend is at the moment. User controls include Period for the indicator, Price Candle outline colors, background color and opacity, histogram wave color and opacity, histogram bar colors, and the Buy-Sell Sound Alert. As with many of my indicators, it only calculates what is shown on the screen to save calculations. If you scroll back, hit f5 to refresh the indicator.
Trade Well...
Bob
R1 2/11/2021: I don't use Bloodhound or other automated tools, but one user found that this indie does not work with Bloodhound. I found that the problem is with the calculations limited to what is on screen... I found the issue and it is an easy fix. In the zip are two indicators. FisherHistWav is the original that only calculates what is on the screen and FisherHistWavFull calculates the entire history and works with Bloodhound. I will add a new version of all of the indicators that I have posted that have the calculation limiter in a similar manner.
February 6th, 2021
Size: 14.17 KB
Downloaded: 1144 times
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I added bands to the EMASlope indicator. The bands are calculated from the volatility of the candles. The user sets a multiplier for the bands. In this pic the EMA is set to 34 and the multiplier is set to 1.57 (Pi/2). You can see that in the churn areas, the price stays within the channels of the bands until it breaks out.
Features:
Set the color of EMA and Bands according to slope (30 and 60 degrees in pic)
You can color the background according to the slope of the EMA (shown at 20% opacity).
The distance (ticks) from top band to bottom band is displayed on the screen.
Button on axis to hide the plots, allowing several EMA with different periods to show or not.
EMA Period and Band multiplier shown in button. Title shows EMA period with indie name.
R1: 3/10/21: Added margin label font size control to user panel per request from JC195461.
R2: 2/28/2022: I normalized Bands to accommodate fractional TickSize.
January 27th, 2021
Size: 7.16 KB
Downloaded: 725 times
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This indie looks at yesterdays High and Low and todays High and Low. It paints yesterdays High and Low on todays chart, as well as the mid and RMS values of yesterdays High and Low. The RMS values are estimated as 70.7% and 29.3% for a sine wave. It also paints todays High and Low. These values can be interesting turning points. All levels are labeled in the right side margin (I recommend a margin of 100). I posted a similar indie in NT7 called Pivots Plus that was very popular . This one does not have the pivots included, you can add that to the chart. This one does have a button to hide the indie if you want to declutter your chart.
Here is the wiki definition of RMS...
In mathematics and its applications, the root mean square (RMS or rms) is defined as the square root of the mean square (the arithmetic mean of the squares of a set of numbers).[1] The RMS is also known as the quadratic mean[2][3] and is a particular case of the generalized mean with exponent 2. RMS can also be defined for a continuously varying function in terms of an integral of the squares of the instantaneous values during a cycle.
Hello Traders...
This is another adaptation of the HMA. Big Mike built a similar indie years ago for NT7 and it was based on the EMA. I like the HMA because it hugs price better and changes direction sooner. This indie paints 2 HMAs that trail the primary HMA by x candles. This HMA can be smoothed by an EMA of 1 or greater periods. In addition you can color the background based on the slope of the HMA. As with many of my recent indicators, they only calculate what is on the screen. The indie will not show if you scroll back until you hit F5 to recalculate. There is a button on the axis to hide the indicator, so you can bring it into view, evaluate and hide it to declutter your chart. You can add a few characters to the button to differentiate from other indicator buttons.
In the pic is an HMA34, Smoothed by 2 and with the wave 3 bars back.
Trade Well
Bob
r1 (1/23/2021) Max Value for Smooth and HMAback were limited to 100, now open.
r2 (2/11/2021): I don't use Bloodhound or other automated tools, but one user found that this indie does not work with Bloodhound. I found that the problem is with the calculations limited to what is on screen... I found the issue and it is an easy fix. In the zip are two indicators. HMAwaveSmooth is the original that only calculates what is on the screen and HMAwaveSmoothFull calculates the entire history and works with Bloodhound. I will add a new version of all of the indicators that I have posted that have the calculation limiter in a similar manner.
r3 (7/8/2021): changed the description of "Smooth" in the user panel to "Smooth(EMA)" as this is actually the EMA of the HMAwave. By minimizing the HMA, the wave becomes an EMA wave. The HMA can only be set to a minimum of 2, as it is limited by the NT8 HMA function. Both the original and the "Full" version are in the zip.
final rev?: An FIO trader contacted me to add arrows to the swings. In this rev, I added the arrows and also added a filter which is another (larger) HMA. I also added Sound. The filter does not plot, so if you want to see it, you can add another HMA indie. In the pic is a GC 10R chart with the HMAwave set to Period 21 and the filter HMA set to 144. You can disable the Filter and the Sound.
January 21st, 2021
Size: 9.98 KB
Downloaded: 681 times
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bobc635
We like our MA's to show us the slope. An astute trader asked if I could color the EMA different colors for different slopes. This indie will paint two colors for positive and two colors for negative depending on slope. The slope triggers are set to 30 and 60 degrees in pic, but are adjustable. label in the right margin indicates the indicator and is colored same as the indicator line.
This indie has a button to enable or disable the indie. I find this handy to have several values of the indie so I can de-clutter my chart, but still look at other values of EMA. In the pic is a 21 and a 55 EMA that can be hidden with the click of the button. You can set the column that the button shows in.
R1 July 22, 2021: A friend was using this indie with an oscillator as the input and when the oscillator max'd out at zero or 100 (no more slope) the color defaulted to the negative slope. I added code to default to the EMAflat slope if the slope goes to zero.
R2 Aug 14,2021: I found an error that colored the lines improperly when the 'Use Angle' was not selected....
January 19th, 2021
Size: 6.69 KB
Downloaded: 730 times
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bobc635
Hello Traders, after downloading and using the Price Line indie that I downloaded from FIO, I decided that it would be nice to see where Stops might be as the price moves around. You can make these lines +/- ticks from the current price. In the pic, they are set to 20 ticks. The Plum colored lines are 20t above and below the current price.
There is also a button along the X-axis that allows you to enable or disable the indie if needed.
Trade Well...
Bob
R1: 2/5/2021. Trader NgoLimit wanted a shorter price line. I changed the minimum length to 1, so it will draw thru the current candle to 1 candle back.
R2: 7/8/2021. I added PriceLineRRatr to the ZIP. PriceLineRRatr draws the RR lines X ATRs above and below the current price. The ZIP now includes both indies. Thanks Brett for the suggestion.
January 19th, 2021
Size: 11.08 KB
Downloaded: 580 times
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Hello Traders, starting with the GEM Stoch, I added a Stoch of the Order Flow Cum Delta. You can select if you want UDT or BA. By loading two instances of this indie you can show both Stoch of BA and UDT. In addition, you can add weight to the PA or the CUM Delta. I like watching the regular Stoch, overlayed with BA and with UDT. In this way, I can see when there is absorption going on. In this pic are instances of the standard GEM Stoch , an instance of StochPACD with UDT weighed 4:1 and an instance of StochPACD with BA weighed 4:1.
R1: An astute trader found that the indie was not selectable on the chart. I have resolved that.
If you downloaded the original version, it went into the "gem" directory. You will need to use your Windows File Manager and delete that prior to installing this one... Sorry!!!
Also, in this ZIP is a 'lite' version that only calculates what is shown on the screen. If you want to scroll back, hit f5 to refresh the screen.
September 11th, 2020
Size: 19.31 KB
Downloaded: 777 times
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A few traders have asked if the CongestionBox could be altered to trigger with a breakout of one candle. I did some work and here is a solution that I believe works well with one candle breakout. One candle means there may be some false breakouts depending on your candle size....
As always, trade well....
Bob
As with other recent indies, this only calculates and displays what is on the display. If you scroll left, hit f5 to repopulate
8/6/2020
After suggestions from a few traders, I added some filtering to remove some of the 'counter trend' boxes. Included in this zip is an additional CongestionBox indie called CongestionBoxFilter. This one uses an EMA and HMA. A Bullish breakout candle will paint if the breakout candle is above both and slope of the HMA is up. The breakout candle can be painted for highlight and or an arrow below bull candle or above bear candle.
Have fun...
Bob
R2 (2/11/2021): I don't use Bloodhound or other automated tools, but one user found that calculations limited to what is on screen causes a problem with Bloodhound... I found the issue and it is an easy fix. In the zip are two indicators. CongestionBoxOne is the original that only calculates what is on the screen and CongestionBoxOneFull calculates the entire history and should work with Bloodhound. I will add a new version of all of the indicators that I have posted that have the calculation limiter in a similar manner.
July 23rd, 2020
Size: 12.47 KB
Downloaded: 664 times
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Update 7/22/20: added CD volume filter to the CumDelta Divergence indies and reduced calculations to only displayed candles.
Hello Traders, there are 3 indies in this Zip. Two of them (CDDivergence) require Ninjas Order Flow Cum Delta. One uses BA Cum Delta and the other is UpDownTick Cum Delta and paint the candle body if price is going the opposite direction of the Cum Delta.
The other indie will paint the candle body if price is going the opposite direction of the calculated HeikenAshi bar.
They alert you to when something is going on.... is it churn or a reversal? In the pic, the HADivergence is Yellow....Try them with various candle types and see what 'speaks" to you...
Note to users... I have started cutting down the system resource requirements on many of my indicators that do not need a lot of historical data. On these indies, they calculate only what is on the screen. If you want to scroll back, just hit f5 to re-populate the indicator. It's not a huge savings, but every tick counts
Trade Well...
Bob
R1 2/11/2021: I don't use Bloodhound or other automated tools, but one user found that the calculations limited to what is on screen may not work with Bloodhound... I found the issue and it is an easy fix. In the zip are multiple indicators. The original files are still in the Zip and I have added files with "Full" appended to the name that calculates the entire history and should work with Bloodhound. I will add a new version of all of the indicators that I have posted that have the calculation limiter in a similar manner.
February 27th, 2022 04:12 PM NinjaStang I was wondering if would be possible to plot a 1 for longs and -1 for shorts. Similar to the Price Breakout from A rect
angular Base? I am using Markers Plus for automation. I just can't seem to get this one to plot that way.
Thank you. Love this indicator.
October 3rd, 2021 10:25 AM mav8rick Thanks!!
March 13th, 2021 12:00 PM compteidriss It's just wonderful!
September 18th, 2020 11:21 AM jabeztrading Nice work.
September 14th, 2020 08:51 PM cskafan123 Thank you much! This looks great. Now I just have to figure out how to apply it. Are there any instructions?
March 14th, 2024 05:26 AM Leafcutter The Idea for this indi is cool! I have often tried similar things in order to combine the volume delta with the price ev
en if they do not correlate when there is absorption...if there would be a possibility to combine this with a correlatio
n indicator...
June 12th, 2021 11:44 PM TraderGB Nice going Bob...way to think out of the box!
November 2nd, 2020 11:35 AM Jeezewiz291 NICE
October 31st, 2020 09:01 AM Harvard Thanks
October 23rd, 2020 01:10 PM hedgeplay Thanks Bob, good clean work.
March 18th, 2022 01:14 PM JadeL Thanks for sharing
August 30th, 2021 02:53 PM DonL
March 1st, 2021 07:09 AM romus Thanx!
February 21st, 2021 09:02 PM bobc635 Hi Natan, try making the chart full screen. The button on my display is just left of mid screen along the bottom of the
panel that you have the indie loaded on. If you continue to have problems, please message me.
June 18th, 2023 02:30 AM ballhaj Thanks for sharing
March 12th, 2023 09:23 PM riskybiz Is there any way to block the 2 ema's? I even tried to color them the same as the background and it didn't work... Thank
s
April 23rd, 2021 08:25 AM JohnnyCash Thank you for your gracious gift to the community
March 9th, 2021 01:08 PM bobc635 Hi Larry... You can open the code using the NT editor, or a Note pad or Word or many other applications.... Double click
on the cs file and your PC should give you some options, or Open the NT editor from the Control Panel>New....
February 28th, 2021 08:49 AM larrysn1919 Nicely done I am relatively new to NT8 Are we able to look at the code. If so I do not know how
Thank you for sharing this I will peruse your other indicators
June 18th, 2023 02:25 AM ballhaj Thanks for sharing
May 6th, 2022 04:56 PM blackhud Just started using it and have found it very helpful. Thanks
September 6th, 2021 10:01 AM bobc635 @jammdou To set the "ZOrder" of an indicator on the chart, highlight (single click) the indicator that you want to mov
e up or down in the stack of items on the chart. Once highlighted, hold the Shift key and use the roller on your mouse
to change the order of the stack. There will be a display of the order and you will see the order change as you move t
he roller..
Trade Well
Bob
September 6th, 2021 10:01 AM bobc635 @jammdou To set the "ZOrder" of an indicator on the chart, highlight (single click) the indicator that you want to mov
e up or down in the stack of items on the chart. Once highlighted, hold the Shift key and use the roller on your mouse
to change the order of the stack. There will be a display of the order and you will see the order change as you move t
he roller..
Trade Well
Bob
September 6th, 2021 10:01 AM bobc635 @jammdou To set the "ZOrder" of an indicator on the chart, highlight (single click) the indicator that you want to mov
e up or down in the stack of items on the chart. Once highlighted, hold the Shift key and use the roller on your mouse
to change the order of the stack. There will be a display of the order and you will see the order change as you move t
December 3rd, 2021 08:38 PM DavidFutures Great indicator!
September 19th, 2021 10:23 PM dR5ERNCmCmUYmDcU Great one, I have been actively using since past over a month now and getting very good profit. I have one question for
Bob, could you please guide us on how to use this indicator using NT8 Strategy builder ?
I had tried but didn't get an exact idea on it.
appreciate your help.
thanks
June 12th, 2021 11:48 PM TraderGB Another good one...Thanks Bob!