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Cycle Identifier - alert question
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Cycle Identifier - alert question

  #1 (permalink)
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Cycle Identifier - alert question

I use the attached cycle identifier alert that Saroj got from the main Ninja forum and modified slightly.

There are major cycle turn identification markers and minor cycle turn identification markers.. I only care about the major cycle turn identification markers.

This indicator is most useful when you get a major cycle identifier marker plotting.. Those markets usually lead to a pullback which creates the opportunity for a good reversal trade (or a countertrend scalp).

Can someone look at the code and show me how to add an audio alert function so I can get an audio alert when a major cycle turn marker plots.

Thanks so much,

Todd


Last edited by ZTR; March 3rd, 2010 at 06:02 PM.
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  #2 (permalink)
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an other question: indicator does not repaint?

wh

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  #3 (permalink)
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Saroj changed the indicator so the failed markers leave empty triangles so you can see the failed markers. So, that keeps it from repainting..

Does that make sense?

Todd

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Try using the Alert() or PlaySound() functions in NinjaScript.

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  #5 (permalink)
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Todd, Could you please send me the zip file for this indicator for Ninja. I tried to copy the cs file and get it to Ninja. But, it gave me errors.

Thanks

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Todd View Post
I use the attached cycle identifier alert that Saroj got from the main Ninja forum and modified slightly.

There are major cycle turn identification markers and minor cycle turn identification markers.. I only care about the major cycle turn identification markers.

This indicator is most useful when you get a major cycle identifier marker plotting.. Those markets usually lead to a pullback which creates the opportunity for a good reversal trade (or a countertrend scalp).

Can someone look at the code and show me how to add an audio alert function so I can get an audio alert when a major cycle turn marker plots.

Thanks so much,

Todd

Hi Todd,

I have some serious issues with this indicator.

I spent some time with it last year.

Like Stochastics, it works well in sideways markets.

In trending markets, It displays, then removes its major indicators when the market contradicts the indicator.

In my opinion, this is very bad.

You may see this differently. I wish you all the best,

RJay

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  #7 (permalink)
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Keep,

Here is the zip file...

Todd


Last edited by ZTR; March 5th, 2010 at 08:18 PM. Reason: removed zip
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  #8 (permalink)
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RJay,

I had the same concerns on the older version but since Saroj changed it so the failed cycle markers can't be erased, I like it much better.

Besides... I'm only using it to identify high probability areas for retracement (the major cycles). I totally ignore the minor cycle identifiers. I made them 1 pixel and I make the major identifiers 10 pixels. Using it in this manner, I think it has value. I'm just trying to find a way to add an audio alert so if I have a chart minimized and that instrument (like 6e or CL) hits a major cycle identifier, then I might take the next trade when I see a retracement signal on my SMI indicator.

I hope that makes sense.

Todd

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Thanks Todd.

What settings do you use. Also what time frame works best on 6E based on your experience.

Thx.
-Keep

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  #10 (permalink)
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Keep,

I think I use the default settings... Here is a screenshot of my settings.
2009-09-17_1642


Like I mentioned in an earlier post, I completely ignore the minor cycles and only focus on the major cycle identifiers.

I use a 4 Range chart on 6e but I don't know if that is best...

Do you know how to create an alert for this?

Todd

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