50% Balance Point Rule

April 26th, 2010, 01:56 AM

All I did was my usual weekly decompress of the disk, general cleanup of files, and then reboot the computer. After this it seemed to show up on the charts. Before that it showed up on the Index charts, and not on the currencies. Now somehow it shows on all.

May 4th, 2010, 09:34 AM

late alert1: total bl + bl 2 + bl 3 had formed a solid resistant line. alert2: bl1 is below the total bl; bias is down.

May 4th, 2010, 09:53 AM

cory

late alert1: total bl + bl 2 + bl 3 had formed a solid resistant line. alert2: bl1 is below the total bl; bias is down.

Really nice !!!!. It is a very helpful little tool

May 13th, 2010, 03:21 PM

astounding level but i am sure it's just a coincident

May 13th, 2010, 04:19 PM

cory

astounding level but i am sure it's just a coincident

Cory,

It is not a coincidence. It is for real, as this should happens almost every day or 2. If you watch it all the time you will see that it uses the 50% Balance all the time.

If I am correct you are using it to trade off. Great !!

February 2nd, 2019, 02:53 PM

cory

it works for 6a,b,c,e on my end

Hi Cory,

I have downloaded and instaled the balance line indicator, I found the concept interesting.

I have, however, some questions regarding the interepretation of the indicator:

1. what are the meaning of the grey triangles up and down?

2. it seems that they change colour from grey to blue and red, what is the meaning of the colour change?

I have attached a current chart for the CL 03-19 with the balance line indicator and the triangles.

Thank you in advance for your explanations in this matter.

Regards,

February 2nd, 2019, 03:53 PM

Mr III

Hi Cory,

I have downloaded and instaled the balance line indicator, I found the concept interesting.

I have, however, some questions regarding the interepretation of the indicator:

1. what are the meaning of the grey triangles up and down?

2. it seems that they change colour from grey to blue and red, what is the meaning of the colour change?

I have attached a current chart for the CL 03-19 with the balance line indicator and the triangles.

Thank you in advance for your explanations in this matter.

Regards,

not sure which version you installed. I modify them often, I don't remember what grey triangle for but the red and blue = highest and lowest points for middle point calculation.

February 2nd, 2019, 06:07 PM

cory

not sure which version you installed. I modify them often, I don't remember what grey triangle for but the red and blue = highest and lowest points for middle point calculation.

Hi Cory,

Thank you for your quick reply, the indictor version I have is the BalanceLine_NT7 version.

If there is a more modern (updated) version would be so kind to share it with me or point the download link?

Thanks and regards,

Note: I am assuming that the arrows don't repaint, am I correct in the assumption?

February 2nd, 2019, 06:19 PM

Mr III

Hi Cory,

Thank you for your quick reply, the indictor version I have is the BalanceLine_NT7 version.

If there is a more modern (updated) version would be so kind to share it with me or point the download link?

Thanks and regards,

Note: I am assuming that the arrows don't repaint, am I correct in the assumption?

I use this NT7 version, none of my indicator repaint.

February 2nd, 2019, 06:38 PM

cory

I use this NT7 version, none of my indicator repaint.

Thank you for sahring the indicator.

Is there any chance that the indicator could have a sound alert any time a triangle is plotted either up or down?

Thanks and Regards,

50% Balance Point Rule

Discussion in NinjaTrader

50% Balance Point Rule