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I need help with an indicator
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I need help with an indicator

  #21 (permalink)
Elite Member
boston ma
 
Futures Experience: Beginner
Platform: ninja
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Posts: 227 since Oct 2011
Thanks: 384 given, 154 received

band lines

Hi Fat Tails,
Do you mind if I ask you what indicators plots the colored lines on the attached chart.

Thanks,

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  #22 (permalink)
Trading for Fun
West Java
 
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ness1g View Post
Hi Fat Tails,
Do you mind if I ask you what indicators plots the colored lines on the attached chart.

Thanks,

That's look like keltner channel or moving average envelope to me ... , ninja default indi ...
but, lets wait for @Fat Tails to give the exact answer ...


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  #23 (permalink)
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Berlin, Europe
 
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Thxo View Post
That's look like keltner channel or moving average envelope to me ... , ninja default indi ...
but, lets wait for @Fat Tails to give the exact answer ...


It is probably a modified Keltner Channel.

Download the Keltner Universal indicator and use it with the parameters as below:

Midband average type = EMA
Midband period = 55
Offset average type = EMA
Offset multiplier = 3.5
Offset period = 55
Range type = SimpleRange
Smoothed channels = false

If the result does not match your chart, just modify the parameters ....

First modify the two midband parameters average type and period. Once the midband looks as expected, you can then modify the 3 offset parameters until you get the channels as needed.

https://futures.io/download/ninjatrader-7/indicators/625-download.html?view

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  #24 (permalink)
Elite Member
boston ma
 
Futures Experience: Beginner
Platform: ninja
Favorite Futures: futures, stocks
 
Posts: 227 since Oct 2011
Thanks: 384 given, 154 received

Keltner


Fat Tails View Post
It is probably a modified Keltner Channel.

Download the Keltner Universal indicator and use it with the parameters as below:

Midband average type = EMA
Midband period = 55
Offset average type = EMA
Offset multiplier = 3.5
Offset period = 55
Range type = SimpleRange
Smoothed channels = false

If the result does not match your chart, just modify the parameters ....

First modify the two midband parameters average type and period. Once the midband looks as expected, you can then modify the 3 offset parameters until you get the channels as needed.

https://futures.io/download/ninjatrader-7/indicators/625-download.html?view

Yes it worked great.
Thank you

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