MACD BB WITH SUPPORT RESISTANCE - NinjaTrader Programming | futures io social day trading
futures io futures trading


MACD BB WITH SUPPORT RESISTANCE
Updated: Views / Replies:2,479 / 9
Created: by sunny135 Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

MACD BB WITH SUPPORT RESISTANCE

  #1 (permalink)
Elite Member
Mississauga,Ontario,Canada
 
Futures Experience: Beginner
Platform: Ninja trader
Favorite Futures: eur/es/tf/cl
 
sunny135's Avatar
 
Posts: 37 since Jan 2011
Thanks: 36 given, 5 received

MACD BB WITH SUPPORT RESISTANCE

Hi
Can someone program macdbb with support resistance as shown in the picture. this acts as support to get trend trade setup. we already have open file for macdbb. resistance is between 0.3-0.4 both sides of zero line. any help is appritiated

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by sunny135; February 25th, 2012 at 08:00 PM. Reason: resistance levels
Reply With Quote
The following 2 users say Thank You to sunny135 for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,597 received
Forum Reputation: Legendary


You would need to normalize the MACD first, before you add support and resistance bands.

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
  #4 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


Fat Tails View Post
You would need to normalize the MACD .....

I can't tell you how many folks have said that about me....

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following 2 users say Thank You to ThatManFromTexas for this post:
 
  #5 (permalink)
Elite Member
Des Moines Iowa United States
 
Futures Experience: Intermediate
Platform: NT Ensign MT4
Favorite Futures: drums
 
Posts: 120 since Sep 2010
Thanks: 12,169 given, 36 received

Speaking of abnormal MACDeeez ...
I was wondering if it possible to create a MACD that utilizes Fat Tail's Moving Median lines
instead of the normal micky D I mean MACD mov avg choices?

Reply With Quote
 
  #6 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received


tmp123 View Post
Thanks

Use the thanks button as opposed to making a post.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #7 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,597 received
Forum Reputation: Legendary


rdtw View Post
Speaking of abnormal MACDeeez ...
I was wondering if it possible to create a MACD that utilizes Fat Tail's Moving Median lines
instead of the normal micky D I mean MACD mov avg choices?

This is possible, however you have to pay attention to the details.

The moving median puts an equal weight to the close of the last bar and the close N bars ago. This means that it is a close relative of the simple moving average SMA, but not the exponential moving average EMA. As the MACD uses exponential moving averages, you would first have to build an exponentially weighted median. This is possible, but to get a better result, I would suggest to use at least a TPO median, before applying the exponential weighting to the sample values. I do not have that exponential median ready and available just now.

When using the simple moving median, you get something similar to the Awesome Oscillator, which is built from SMAs. The chart below shows the outcome, but I do not think that the result justifies the effort. You may as well stick stick with the Awesome Oscillator.

Attached Thumbnails
MACD BB WITH SUPPORT RESISTANCE-es-03-12-15-min-27_02_2012.jpg  
Reply With Quote
The following 4 users say Thank You to Fat Tails for this post:
 
  #8 (permalink)
Elite Member
Chicago, Illinois
 
Futures Experience: Beginner
Platform: Esignal
Favorite Futures: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 221 received


Fat Tails View Post
This is possible, however you have to pay attention to the details.

The moving median puts an equal weight to the close of the last bar and the close N bars ago. This means that it is a close relative of the simple moving average SMA, but not the exponential moving average EMA. As the MACD uses exponential moving averages, you would first have to build an exponentially weighted median. This is possible, but to get a better result, I would suggest to use at least a TPO median, before applying the exponential weighting to the sample values. I do not have that exponential median ready and available just now.

When using the simple moving median, you get something similar to the Awesome Oscillator, which is built from SMAs. The chart below shows the outcome, but I do not think that the result justifies the effort. You may as well stick stick with the Awesome Oscillator.


@Fat Tails

Do members like you store all your custom built indicators on a section in this site?
So far I've read that you have a great MACD BB indicator, and people are saying you're the "Big Man on Campus" around here.
Can you post a link to the area where you store all your stuff so I can browse through it?
Thanks

Reply With Quote
 
  #9 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received


SpyderTrader View Post
Do members like you store all your custom built indicators on a section in this site?

Click Downloads from top of any page.

A new sub-nav bar appears with new options. One option is 'Search'. Click that, then advanced search. On the right, type in Fat Tails under 'username' and submit the search. The result is all indicators uploaded to the Downloads section by Fat Tails.

For indicators attached to posts and not to the Downloads section, on the top right of any page click in the white box next to the Search button. Then choose 'Search for attachments'. Then in username field type Fat Tails and submit the search, the result is all attachments to posts made by Fat Tails.

This and other tips are covered in the "Welcome" emails sent to you when you sign up, they are sent over the course of one month.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #10 (permalink)
Elite Member
Chicago, Illinois
 
Futures Experience: Beginner
Platform: Esignal
Favorite Futures: ES, NQ, Crude
 
Posts: 120 since Apr 2012
Thanks: 12 given, 221 received



Big Mike View Post
Click Downloads from top of any page.

A new sub-nav bar appears with new options. One option is 'Search'. Click that, then advanced search. On the right, type in Fat Tails under 'username' and submit the search. The result is all indicators uploaded to the Downloads section by Fat Tails.

For indicators attached to posts and not to the Downloads section, on the top right of any page click in the white box next to the Search button. Then choose 'Search for attachments'. Then in username field type Fat Tails and submit the search, the result is all attachments to posts made by Fat Tails.

This and other tips are covered in the "Welcome" emails sent to you when you sign up, they are sent over the course of one month.

Mike



Thanks!!

Reply With Quote

Reply



futures io > > > > > MACD BB WITH SUPPORT RESISTANCE

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
BB MACD Jeff Castille The Elite Circle 65 August 25th, 2012 05:51 PM
CONVERSION OF NT MACD BB VER4 sudhir12192 MetaQuotes MetaTrader MQL Programming 2 July 25th, 2011 02:42 PM
Support and Resistance tony2009 Traders Hideout 13 July 8th, 2011 07:12 PM
Macd bb question?? bugsbunny NinjaTrader Programming 7 May 18th, 2011 06:17 PM


All times are GMT -4. The time now is 07:32 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.16 seconds with 20 queries on phoenix via your IP 54.226.132.197