This is a collection of various filters by John Ehlers outlined in his books "Rocket Science for Traders" and "Cybernet Analysis for Stocks and Futures".
this is an auto trendline indicator that was on the Ninja forum. Be sure to click true for all of the downtrend/uptrend settings and to fix the colors of the lines for up/dwn trend.
it would be great if we had the ability to adjust the width of the lines. alas in this one the width is set.
it doesn't cast an arrow like our old auto trendline which is helpful for me but it might be a nice option if anyone goes to improving it.
mostly i like that it shows the squeeze of trendlines by plotting overhead lines as well. on the 3 minute ES i'm using the setting of Long Term Period: 9 and Short Term Period of: 90 i know that sounds crazy but that's what gave me the screen shot attached. hope it helps.
Instantaneous Trend from "Cybernetic Analysis for Stocks and Futures" by Ehler. This is a port to ThinkorSwim. This version has the Itrend color coded for up and down trends. The trigger is not colored. If you would like it added, give me a holla.
I wanted to share with you an indicator I've developed putting together Laguerre RSI, Laguerre Filter and TrendStrengthA indicators.
I've tried to isolate zones that are favorable for longs and other for shorts. Where you see transparent zone I've noticed that those are useful adding to a position or eventual reverse.
I've tried it on range, but also a minute charts and they seems to work on both.
Indicator was developed for forex. Maybe it will work well on other securities.
Hope that you'll find it useful. Any comments would be highly appreciated.
Exported using NT7 b18 but should be working on 6.5 too.
calculates the range of fast and slow moving but need to normalize it so it runs in the range from 0-100 like an rsi - was done on meta but dont know how to do it for ninja- any help will be great
Description
This is an indicator NinjaTrader_Ray published for the September 07 issue of Stocks & Commodities magazine. Converted it to NT7 by fixing the DrawRay code break.
To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
Automatically draws a line representing the current trend and generates an alert if the trend line is broken. 0 = no signal, 1 = buy signal on down trend break, 2 = sell signal on up trend break
The VHF indicator can be a useful tool as it attempts to measure the “trendiness” of a market. It reveals the strength of a trend, not the trend direction. This filter compares the sum of one-day price changes within a specific time period to the range between the high and low prices over the specified period. The VHF values help identify whether prices are in a trending phase as well as the degree or strength of a trend, where the trader should use trend-following indicators, or if the prices are in a trading range market, a case where congestion-phase indicators (such as
oscillators which work well in trading range markets) should be used.
In theory, the VHF indicator can be used in the following three ways:
1. In determining whether a particular market condition is trending or is in a congestion/non-trending phase: A rising VHF line indicates a developing trend; a falling VHF line indicates prices may be entering a trading range market.
2. To determine the degree or strength of a trend: The higher the VHF line, the higher the degree of trending. A falling line indicates a trend is weak.
3. The use of the VHF as a contrarian indicator: Relatively low VHF values can indicate that prices can be expected to break out of the congestion phase and start trending. On the other hand, relatively high VHF values indicate that a trending phase may be coming to a close and that the market is getting ready to enter a congestion phase.
You could use this indicator to trade in the direction of the trend after minor pull backs reversal. It could be used in strategies. It is variation of TTM trend indicator.
April 12th, 2018 02:17 AM traderhas My goodness!This is the ultimate filter for chop.Tried it on 1 min Dow futures.Thanks and God bless.CANNOT trade without
it.
August 13th, 2011 07:37 PM philtrader thanks for sharing. defining trend strengh is key with money management.
May 25th, 2011 10:49 PM piptek Thanks for sharing and your hard work. Big heart.
March 23rd, 2011 02:21 PM tradermav Thanks for sharing.
October 4th, 2010 02:23 AM tradermav Thanks for sharing appreciate the work put into this indicator.
October 11th, 2015 12:43 PM gpokc thanks for ths indicator.
October 6th, 2011 12:08 AM Default User
May 20th, 2010 12:04 AM chrisflow Neat! But it crashes my NT7 every time I try to use an input other than standard minute or range bars etc. i.e. it crash