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Favorite NT8 indicators


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Favorite NT8 indicators

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  #1 (permalink)
Kgard252
Idaho, USA
 
 
Posts: 11 since Sep 2021
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Everyone is alaways talking about there NT8 indicators. What are your favorites and how do you use them in trading?

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redbarntrades
Kalispell=Mt./USA
 
 
Posts: 148 since Sep 2019
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Kgard252 View Post
Everyone is alaways talking about there NT8 indicators. What are your favorites and how do you use them in trading?

Well shoot! I'll go:

Prior day OHLC
jpr MovingAverageCrossoverBC (don't use the lines but only use the background. When there is a bullish crossover, the background turns green. Red for bearish crossover. Un-click the lines)
TrendGraber from futuresIO
T3 Colored
WaveTrend

Chart is set up to play the color game. Green for up and red for down.

I also like how I can use the Volume Profile drawing tool at the end of the day to create a Locked horizontal trendline at the POC which runs into the future. Also locking the same lines (different color) at every 25 points. 0, 25, 50 etc. (NQ).

The Wave Trend is modified to have only one line (fast only). Red for down and green for up. Looking for OB and OS and especially zero crosses and divergence at DT's and DB's.

Basic strategy:

Play the color game
Look for congruence of background, T3 and Wave Trend and color of candles. Trading level to level (essentially).

A huge benefit of NT8 is using say a 1 minute candle with a 3 minute T3 with a background of 2 minutes and a WT of 4 minutes.

Of course this is just an example and it's not what I use, but just wanted to show those who don't know, that you can build all kinds of charts.

Great question there Idaho!

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