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New Indicator, Parabolic Trend Angle
Started:October 1st, 2014 (07:44 PM) by i2w8am9ii2 Views / Replies:410 / 0
Last Reply:October 1st, 2014 (07:44 PM) Attachments:1

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New Indicator, Parabolic Trend Angle

Old October 1st, 2014, 07:44 PM   #1 (permalink)
Elite Member
Honolulu, Hawaii/United States
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
Posts: 3 since Sep 2014
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New Indicator, Parabolic Trend Angle


Not sure if this is where I should post this, apologies if I posted in the wrong place.

Anyone here know if there is a NinjaTrader indicator that measures the angle of ascent of a trend, with the goal of finding a parabolic trend angle?

If such an indicator does not exist, I would like to request that someone consider creating it.

I'm sure many here have seen that when the steepness of a trend becomes parabolic, a reversal often follows soon afterwards.

Having such an indicator for NinjaTrader that we could use to scan through our list of markets, would certainly make life easier.

In the screenshot below, the yellow lines I drew indicate where a typical 45 degree angle trend is measured against the current parabolic trend channel angle.

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