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ITrend Indicator - John Ehler


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ITrend Indicator - John Ehler

  #1 (permalink)
 kienow 
lewiston, minnesota, usa
 
Experience: None
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I have a third party indicator that I use on the TOS platform.
I would like to have the indicator written for NinjaTrader 8.
I copied the code source from the TOS platform.
It is a follows:

# The Itrend indicator from John Ehler's book "Cybernetic Analysis for Stocks and Futures"

input price = hl2;
input alpha = 0.07;

rec itd = compoundValue(7,(alpha - alpha*alpha/4) * price + 0.5*alpha*alpha*price[1] - (alpha - 0.75*alpha*alpha) * price[2] + 2 * (1-alpha)*itd[1] - (1-alpha)*(1-alpha)*itd[2], (price+2*price[1] + price[2])/4);

def trg = 2*itd-itd[2];

plot Itrend = itd;
plot Trigger = trg;

Itrend.DefineColor("Up", Color.Blue);
Itrend.DefineColor("Down", Color.Red);

Itrend.AssignValueColor(if Itrend[0] > Itrend[1] then Itrend.color("Up") else Itrend.color("Down"));

I would like someone to convert this code from TOS to NT 8.
Any suggestions?
Thanks,
Leon

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  #3 (permalink)
 
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 cory 
virginia
 
Experience: Intermediate
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I post it in NT8 thread.


kienow View Post
I have a third party indicator that I use on the TOS platform.
...
Leon


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  #4 (permalink)
 Zendo 
Hannover Germany
 
Experience: Intermediate
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Trading: ES DAX
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cory View Post
I post it in NT8 thread.

I can t find it. Can you share the link?
Thanks!

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  #5 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
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Zendo View Post
I can t find it. Can you share the link?
Thanks!

it's here

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  #6 (permalink)
 Zendo 
Hannover Germany
 
Experience: Intermediate
Platform: Ninja Tradovate
Trading: ES DAX
Posts: 8 since Feb 2018
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cory View Post
it's here

Thany you very much! Have a great weekend.

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Last Updated on August 17, 2018


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