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Indicator Timing
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Indicator Timing

  #1 (permalink)
Elite Member
Detroit, Michigan
 
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Indicator Timing

I, like most, try to avoid choppy markets and any indicators that help me avoid them are helpful.

Using non-time based based charts I thought it would be helpful to time each bar and how long it takes to complete (since I see slow market as another indication of choppy market along with price of course).

Is there an indicator that times each bar on a non-time based chart and then labels each bar with a small amount of time (either under the bar or near it) for NT7?

It would also be helpful if this indicator labeled on each bar to refer back to continuously.

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  #2 (permalink)
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  #3 (permalink)
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Check out Pace of Tape in the Downloads section:

View Download Details - Big Mike's Trading Forum

I think it does what you are asking for.

Mike

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  #4 (permalink)
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Check for Bar time indicator, it was just released by aligator a few days ago: Downloads - NinjaTrader 7 Indicators - Big Mike's Trading Forum

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  #5 (permalink)
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redratal, looks like a winner and an nice format to track - thanks for that.

Not sure if it works on Renko bars (the one Mike suggested only works on tick bars) as there seems to be a bug trying to download it.

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  #6 (permalink)
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TrendTraderBH View Post
redratal, looks like a winner and an nice format to track - thanks for that.

Not sure if it works on Renko bars (the one Mike suggested only works on tick bars) as there seems to be a bug trying to download it.

@TrendTraderBH,

The indicator works for any bar type (Tick, Volume, Renko, etc.) other than minute bars. The indicator is designed for bar sizes that will complete on an average of 1 minute or less for fast markets. You need to adjust the bar size until you get a majority of colored histogram during the normal day market hours. At slow markets during the night you will see a lot of black histograms when market is in coma.

Regarding the error "C:\Cfyjkx_E.zip.part could not be saved, because the source file could not be read" you get, this is not related to this indicator, you simply are missing a file in your C: drive that you program is looking for. You are the only one with this error, as far as I know.

Cheers!

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The following user says Thank You to aligator for this post:
 
  #7 (permalink)
Elite Member
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Aligator, for some odd reason I can't download it. I looked up the error on the Internet and it said something about a problem with Firefox so I tried Explorer and Chrome but with no luck. Is the format unique? Can you email it to me?

This is the first time I've had this problem as I am on a standard Win7 system using NT7.

Thanks again.

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  #8 (permalink)
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TrendTraderBH View Post
Aligator, for some odd reason I can't download it. I looked up the error on the Internet and it said something about a problem with Firefox so I tried Explorer and Chrome but with no luck. Is the format unique? Can you email it to me?

This is the first time I've had this problem as I am on a standard Win7 system using NT7.

Thanks again.

What is the exact error message?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #9 (permalink)
Elite Member
Detroit, Michigan
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: Futures
 
Posts: 295 since Nov 2011
Thanks: 302 given, 280 received

Finally got it downloaded using "DownloadThemAll" add on in Firefox although it took some jiggling.

If anyone else has the same problem feel free to send them my way.

Thanks again!

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