This strategy is based off of the Detrended Price Oscillator indicator in the Strategy Trader platform. The EA will generate a buy signal when DPO value crosses above the zero line, and the EA will generate a sell signal when DPO value crosses below the zero line. A limit order can be specified in the EA parameters for exit.
This is a price momentum oscillator for ThinkorSwim. It is computed by taking the rate of change over N bars, then smooths that with an averaging function. In this case, it uses the Hull Moving average with a given period M.
It can be used as an indicator of relative strength, internal strength or price movement.
The indicator is a txt file, so you can either copy/paste the content into a new study in ToS or rename the file to a .ts extension and import it.
This indicator draws a horizontal line on the price panel showing where price is currently.
I found this in a post awhile back and am currently using it on a chart. When I looked for it in the DOWNLOADS section, I could not find it, so am posting it for other interested members.
Submitted by tastudios on NT. I was looking for this indicator and thought it might be useful with Gomi's stuff.
Plots the price at which highest number of contracts or shares were traded at any given time. It is also the maximum point on a volume profile. The PVP resets at the start of every new session.
This is an indicator that looks for higher highs and lower lows. Inspired by John Carter's TTMScalper. Found on the NT forum. It's plotting price action based on higher highs, and lower lows.
If, used on it's own, it will give a lot of false signals, therefore it is recommended to be used in conjunction with other stuff that fits your trading stile and that's confirming your set-up.
January 29th, 2015 05:45 PM traderx4 Works in Ninja 7 too-Thanks
:-)
December 20th, 2009 02:34 AM cclsys Thanks. I am still hoping someone can find a way to plot the day PVP bar-by-bar. I think this would be extremely helpful
, not so much for live trading but for historical review of methods using current day PVP.