VMA Zones charts an upper and lower region on your chart using the VMA indicator. VMA (Variable Moving Average) adjusts to low volatility and high volatility periods automatically, by using the CMO for calculations.
You can use the VMA Zones as a "Kill Zone" (don't trade inside the zone), or you can use it as a trigger or confirmation when to enter or exit a trade.
You can go long once a full bar has closed above the upper line, and go short once a full bar closes below the lower line.
In the picture, this indicator is the shaded yellow zone on the top panel.
Updated version of ZeroLag MACD with some enhanced visual flare, zero line is colored based on whether the MACD line is above or below the average line and the overall trend is up or down.
Two-in-one bundle: DoubleMA plots two moving averages in one (originally by Rollins, updated by me to add new MA's and a Signal/DMV dataseries).
ChannelThis will put any two moving averages into a channel with various display options so you can look for breakouts or identify Kill Zones.
You should first delete the old ChannelThis, DoubleMA Paint, DoubleMA, and MAV indicators from your indicator list --- in that order --- if you have them. Tools -> Edit NinjaScript.
Linear Regression Channel consists of two parallel lines, equidistant up and down from the line of linear regression trend. The distance between frame of the channel and regression line equals to the value of maximum close price deviation from the regression line.
This indicator can plot a liner regression, a parabolic regression (second-power), and a polynomial regression (third-power).
October 20th, 2014 08:11 PM Zephyr THANK YOU VERY MUCH!
September 10th, 2013 08:48 PM Scott305
September 18th, 2010 08:23 PM marin I downloaded into Ninja 7 beta21 and the indicator plotted somewhat OK initially in the standard default settings mode..
.
The HATEMA and TEMA lines do not seem to plot. Fill OB/OS works OK.
Not sure if the 2nd and 3rd power regressions plotted correctly...setting the degree to 2, 3 & 4 produced similar lookin
g results.
May 27th, 2010 12:56 PM theLonelyTrader Used with volume analysis and price action, my favorite market indicator by far, especially on leading instruments like
6E, CL and DAX.
November 1st, 2009 02:19 PM cclsys Excellent. I suspect this will end up being one of the only 2-3 indicators I intend to have up on a chart during trading
. Is dynamic, visually simple, and technically sophisticated. Thanks.
I don't care about the colors or shape of the indicator or if it's above 80 or under 20
Only the UP and DOWN values
Stay long until there's value above Zero in DOWN
Stay short until there's value above Zero in UP
September 27th, 2010 01:11 PM fxprobie I have been using this on both 6.5 and NT7 and it works well on both. Only bug bear which is minor and of my own making
is that I sometimes like to have it updated live. ie not on bar close and this can give a couple of wiggley bits. Start
s one colour going down and then changes and goes up leaving spikes. Moral: wonderful indicator not to be used on live u