I have searched high and low for a study that is part of the Thinkorswim platform to apply to my NinjaTrader Platform and haven't found it yet.
The study is FirstWave DPO_Mobo. It is simply a lower study that is based on a combination of Bollinger Bands and a Detrendend Price Oscillator. I have tried to use a BB and DPO study overlaid, however, the positional relationships aren't consistent.
Has anyone seen this created for NinjaTrader?
I would be happy to show the group how I trade crude futures, just need to get this darn piece of the puzzle completed.
If you want someone to code this for you, you'll need to provide the ThinkorSwim code and a few example screenshots of it in action, at minimum.
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.
The parameters are:
1. A detrended price oscillator set to 14 periods
2. A mobo (which is really bollinger bands) set to 10 periods and a .08 and -.08 deviations
I don't have a specific definition for what defines the cloud coloring, but my suspicion is that its nothing more complex than a comparison of the current Bband midline number to the Bband number one bar back.