Delta divergence indicator available in the elite section for Ninjatrader7?
Hi, I'm a newbie to this forum, and not an Elite member yet, but I am interested in delta, volume, trading, especially CL.
My question is, why cannot I find a delta divergence indicator for NinjaTrader? They are available commercially for TradeStation, and even for free on this forum, but I cannot find one for Ninja. Although there may be one in the Elite section, (If there is one, please let me know, and I will happily become an elite member to get access to it).
there are various delta / divergence indicators available in the Elite Section, and since you can find a lot of other very helpful stuff around there, becoming an Elite Member will give you much more benefit than only getting one single indicator...
In addition, you'll also get access to some very valuable Threads (Journals, Programming, Strategies, etc.) which makes this small contribution for becoming an Elite Member a no-brainer.
The following user says Thank You to Daytrader999 for this post:
Hi Daytrader, I am now an elite member, and have full access, but I am unable to locate a delta divergence indicator for nt7, I'm not looking in the right places obviously, would you be able to point me in the right direction please?
Much appreciated, thanks.
Are you referring to a sub-chart in which candlesticks are formed by volume (cumulative delta)? I had such an indicator coded that highlights the candles when divergence occurs. I'm going to post it as soon as I take a screenshot of it in action (when market resumes).
Buy volume, price divergence: Occurs when price ticks below the starting point price (from indicator running time), and there is accumulated buy volume delta (more buying than selling volume). Current candle's outline and wick is a thick magenta color during this time.
Sell volume, price divergence: Occurs when price ticks above the starting point price (from indicator running time), and there is accumulated sell volume delta (more selling than buying volume). Current candle's outline and wick is a thick cyan color during this time.
In both instances, completed candles retain their characteristics.
This chart is a sub-panel below the regular price chart.
Hopefully, this will help!
The following 4 users say Thank You to nickse2003 for this post:
Hi nick that indicator you talking about is it any thing similar to market delta divergence indicator.if so this will be great.and does it work with gomi package. Is it available anywhere on big mike site.if so please advise on how and where to get it
This post has been selected as an answer to the original posters question
The indicator I had coded works exactly like the one on Market Delta, plus the divergence features. It only works as a regular custom indicator, so you would need a separate chart for that. It wouldn't be on the gomi chart as that is a custom template, if that's correct. Anyway, I hope to have this posted by tomorrow night; Monday night at the latest.
Last edited by nickse2003; February 2nd, 2013 at 03:26 PM.
The following user says Thank You to nickse2003 for this post: