NexusFi: Find Your Edge


Home Menu

 





Double bottom and Double top with DIV


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one benbrooke with 18 posts (1 thanks)
    2. looks_two cory with 8 posts (3 thanks)
    3. looks_3 vast with 2 posts (0 thanks)
    4. looks_4 max-td with 2 posts (0 thanks)
    1. trending_up 21,608 views
    2. thumb_up 5 thanks given
    3. group 12 followers
    1. forum 36 posts
    2. attach_file 15 attachments




 
Search this Thread

Double bottom and Double top with DIV

  #1 (permalink)
 
benbrooke's Avatar
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
Posts: 430 since Aug 2009
Thanks Given: 216
Thanks Received: 490

guys ,

i need some help creating new indicator based on 2b/2t with divergence

i am not a programmer but i will like to know if this is possible

in the picture you can see that the market created double bottom and MACD showed divergence




thanks for your help

Ben,

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Attached Thumbnails
Click image for larger version

Name:	DBDTDIV.png
Views:	834
Size:	74.5 KB
ID:	8113  
Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Better Renko Gaps
The Elite Circle
Deepmoney LLM
Elite Quantitative GenAI/LLM
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Futures True Range Report
The Elite Circle
 
  #3 (permalink)
 
GoldStandard's Avatar
 GoldStandard 
arizona
 
Experience: Intermediate
Platform: rolling my own
Trading: ES,CL,GC,6E
Posts: 205 since Oct 2009
Thanks Given: 324
Thanks Received: 191


Interesting idea.

Here are a couple links to other indicators that implement some of the functions this indicator would need:

D3Spotter for Divergence : Links and Downloads Manager - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum

Price Action Swing indicator (shows DTs and DBs)

Reply With Quote
  #4 (permalink)
 
benbrooke's Avatar
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
Posts: 430 since Aug 2009
Thanks Given: 216
Thanks Received: 490

Thanks Goldstandart

i know about these indicators and with my poor programming skills i cant take the code and make it to create one indicator that shows div on 2T/2B

maybe someone in this forum (and i know there are a lot of great programmers here ) can make it happen .

when i trade i noticed this every time and i will like to take advantage of this (currently working on my lower time frame for max profit)

thanks

Ben

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #5 (permalink)
 
benbrooke's Avatar
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
Posts: 430 since Aug 2009
Thanks Given: 216
Thanks Received: 490

For People who are willing working on this project with me

here is progress so far

i edit ninja price action swing indicator to show only 2T and 2B
here is a template i use for my testing

ben

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Attached Thumbnails
Click image for larger version

Name:	1st.png
Views:	706
Size:	69.9 KB
ID:	8117  
Attached Files
Elite Membership required to download: QA.xml
Elite Membership required to download: DBTDDIV.cs
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #6 (permalink)
 gkinlaw 
etown,nc
 
Experience: Intermediate
Platform: ninjatrader
Broker: amp/zen
Trading: cl, es
Posts: 11 since Oct 2009
Thanks Given: 5
Thanks Received: 1

great idea, mr. benbrooke, the divergence spotter I use does show divergence with couble bottoms and double tops. (I guess it doesn't fit the definition of divergence) I can see where this would be very useful.

Reply With Quote
  #7 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090

the dspotterv2 already has what you want

Attached Thumbnails
Click image for larger version

Name:	DIV.png
Views:	661
Size:	113.2 KB
ID:	8120  
Reply With Quote
  #8 (permalink)
 
benbrooke's Avatar
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
Posts: 430 since Aug 2009
Thanks Given: 216
Thanks Received: 490

Cory ,

Thanks for the replay ,

the question is how we create an indicator that show Div only on 2B 2T , when i use d3Spotter i get too much lines


the idea for this indicator is to create an auto System that spot this trades only and profit target for 6T

from what i see this can be huge
ben

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #9 (permalink)
 
benbrooke's Avatar
 benbrooke 
Dallas,tx
 
Experience: Advanced
Platform: Market Delta
Broker: Velocity /TT
Trading: ES
Posts: 430 since Aug 2009
Thanks Given: 216
Thanks Received: 490

added the 3Dspotter to the code
now i dont know how to call it in the code

Keep on sowing your seed, for you never know which will grow -- perhaps it all will.

-- Albert Einstein
Attached Thumbnails
Click image for larger version

Name:	2end.png
Views:	410
Size:	62.5 KB
ID:	8121  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #10 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090



benbrooke View Post
Cory ,

Thanks for the replay ,

the question is how we create an indicator that show Div only on 2B 2T , when i use d3Spotter i get too much lines


the idea for this indicator is to create an auto System that spot this trades only and profit target for 6T

from what i see this can be huge
ben

I see, so what you want to do is slowly restricting dspotter to only show what you want

add this line to restrict it to d/top
 
Code
    if (High[BarsAgo] == High[A])   // draw on price panel if double top only
								DrawLine("high"+CurrentBar.ToString() + BarsAgo.ToString(), BarsAgo, High[BarsAgo] + (TickSize*MDF), A, High[A] + (TickSize*MDF), DLC, DSD, DLW);								
								DrawTriangleDown(CurrentBar.ToString(), true, 0, High[0] + (TickSize*MDF), Color.Red);
-d/bottom only

 
Code
         if (Low[BarsAgo] == Low[A])   // draw on price panel if double bottom only
	                            DrawLine("low"+CurrentBar.ToString() + BarsAgo.ToString(), BarsAgo, Low[BarsAgo] - (TickSize*MDF), A, Low[A] - (TickSize*MDF), DLC, DSD, DLW);

Reply With Quote




Last Updated on December 6, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts