Delta EMA indicator based on Gomi's excellent contributions. I built this indicator to normalize delta for any instrument and provide delta user inputs for the following categories:
I mainly modify the midtop 10.25 and midbottom of 9.75 settings to tweak the neutral delta and utilize different EMAs. Candle colors can be turned on and off. Very useful for spotting divergences or when order flow could be weakening. Attached chart shows trading with the order flow than against can result in higher probability trades.
A label based on the above parameters is plotted in the right hand side of the indicator if you set your chart properties to Right Hand Side Margin of 85.
This indicator has only been used/tested with Renko charts and users need to have the latest version of the GOM package installed.
Ninja 7.0.1000.7 version
Please email if there are any questions.
ps: I had difficulty exporting this to a zip so have included as a .cs file
October 21st, 2014 10:36 AM kronie This is a whole trading system. Wonderful work!
October 21st, 2014 10:34 AM kronie This is a whole trading system. Wonderful work!
April 10th, 2014 12:15 AM lee2012 if you have ninja zip please post in here I can download it and used it, I don't know how to convert from files.cs to