Not sure of their forumla as I don't have the most expensive version which allows for editing and building custom indicators. This is what I was able to full off the "Edit Function" tab, hope this helps:
Description: Adaptive Moving Average by Perry Kaufman.
Usage: AMA(Expression, Num Bars, Fast SC, Slow SC)
Input Name Value
Num Bars 7 (user selectable)
Fast SC 2 (user selectable)
Slow SC 30 (user selectable)
Shifted 0 (user selectable) bars forward
Enter formula for Function (press Space Bar to access "TradeSense")
MovingAvgMethod (Expression , Num Bars + Fast SC * 1000000 + Slow SC * 1000000000 , 5)
I'll contact Trade Navigator and see if they would provide any more info on this. I'll also ask Ken Ruth who developed his TripleTrend 2.0 system if he can get any more info from Trade Nav as he uses the most expensive version which allows for indicator and strategy development and modification.
His site by the way is: Home You might get a better idea of what he's doing there.
Thanks again. My son who is in the US Air Force is being transferred to Ramstein this fall. He's really looking forward to living in Germany.
The indicator on the bottom is a variant of the Stochastic indicator but is proprietary to the TripleTrend2.0 trading system sold by Ken Ruth. He is currently selling his TripleTrend2.0 and 3.0 system for NinjaTrader. Hope that helps.
Hello to everbody,
I would ask You if there will be posibility to make indicator, that will Color bar based on simply condition?
1) Bar must be X ticks high (X = number in ticks from open to close)
2) Bar must be higher, than Y bars back( Y = number how many bars back will this indicator count)
3) Bar must have Z volume(Z = number of minimal volume per bar, zero to disable this condition or disable via True/False)
Will be great to be able change all this values (X, Y, Z) in Indicator Parameters.
I had something like this in Sierra Chart (except Volume condition), via Sierras Color Bar Based On Alert Condition with this symple syntax =AND(ABS(O-C)>=TICKSIZE*8, AND(ABS(C-O)>ABS(C[-1]-O[-1]), ABS(C-O)>ABS(C[-2]-O[-2]), ABS(C-O)>ABS(C[-3]-O[-3])))
I had to move back to Ninja Trader and I canīt find Indicator that will work similar.
There is an indicator available that spots the condition 2. The condition 2 looks for wide body bars. The Body Range Analysis indicator identifies different bar types, for example:
WB7 = bar with the largest body of the last 7 bars (body is larger than body of preceding 6 bars)
ENG4 = engulfing bar which is a WB4 bar
ENG7 = engulfing bar which is a WB7 bar
The indicator allows you to set the parameters.
For the conditions 1 and 3, I would code them in a different way, as I would not be interested in an absolute amount of ticks and an absolute volume, but the relative range and the relative volume of a bar.
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The following user says Thank You to Fat Tails for this post:
Fat Tails You are The Best.
Many thanks. I will try this indicator asap.
If You will try to code other two conditions in way You think it will work better, then It will be simply great.
Thank You very much.