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Divergence indicator NT7 ?
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Divergence indicator NT7 ?

  #21 (permalink)
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trendisyourfriend View Post
For one second i thought wwwingman had just posted a new version of his popular indic. until i looked at the date. Looking at the symbol used i can see the influence of the intergalatic fibonacci thread on Fat Tails.

Thx for your comment.
No new version. Still thinking and trying all sort of enhancements.
But simple is best (IMO), so for the moment, no new version/feature.

-- W.

-- The rest is silence
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  #22 (permalink)
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Hi @wwwingman
thank you very much for your divergence indicator.
I am trying to use it in conjunction with OBV_Split_Cory kindly posted by Cory at
https://futures.io/elite-circle/2258-dmi-balance-volume-setup-2.html#post547279
I attach a short video for describing your indi unexpected behaviour (at least as far as I can understand).
Can you perhpas suggest how to avoid the differences it shows in following the histogram actual values?
Thank you in advance.
guidoisot

Attached Files
divergence on OBV_Split_Cory histogram 5 min.flv (43.81 MB, 99 views)
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  #23 (permalink)
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guidoisot View Post
Hi @wwwingman
thank you very much for your divergence indicator.
I am trying to use it in conjunction with OBV_Split_Cory kindly posted by Cory at
https://futures.io/elite-circle/2258-dmi-balance-volume-setup-2.html#post547279
I attach a short video for describing your indi unexpected behaviour (at least as far as I can understand).
Can you perhpas suggest how to avoid the differences it shows in following the histogram actual values?
Thank you in advance.
guidoisot

Hi guidoisot

1. What version of ECIDiv are you using.
2. What are the settings you use. Please provide a screenshot.
3. Please describe what you do to generate the problem, and what is the problem.

-- W.

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  #24 (permalink)
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@guidoisot

I don't understand what is wrong on your video. Sorry...

From what I saw on the other post you indicated, you say :

Quoting 
I have is a problem though with the divergence indicator Iwould like to apply to the obv histogram.
When I change timeframe on the chart, the input series of the divergence indicator (in the yellow highlightred field shown on the attached image, obv_split_Cory is repalced by ES data) returns back to the ES data.

When I use the ECIDiv_V7 with a standard native Ninja CCI and switch times frames, no problem occurs, the divergence input continues to be set to the CCI, not to the data.
This means the problem is not in ECIDiv, or that the problem is not what you describe, or that I am missing something.

I suggest you use a stadard indicator with ECIDiv and do what you usually do with the OBV.. If the problem occurs, it will prove the problem is in ECIDiv. Otherwise... it will mean we need to explore further.

-- W

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  #25 (permalink)
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Hi thank you for your reply.
the indicator I am using is ECIDiv_V7, version 7
the settings are those in the attached screenshots
I am trying to spot divergences between the price and an histogram representing the arithmetic difference between on balance volume bought and sold (obvB and obvS) as calculated by Cory's OBV_Split_Cory indicator.
Problems are:
1) when I open the chart the input series of ECIDiv_V7 is set back, by default I guess, to the main chart series (ES in this case), even though when I last closed the workspace and exited NT, I had saved ECIDiv_V7 with OBV Tick Clear data series of OBV_Split_Cory indicator (notice the black line, on panel 2, does not follow the profile of the histogram);
2) ECIDiv_V7 black line in panel 2 does not follow the histogram profile unless I reload the scripts periodically (notice at the bottom of right hand side of screenshot:
"input series changed into OBV Tick Clear but ECIDiv_V7 black line in panel 2 does not follow histogram profile.jpg").
Thanks, guidoisot

Attached Thumbnails
Divergence indicator NT7 ?-input-series-changed-into-obv-tick-clear-but-ecidiv_v7-black-line-panel-2-does-not-follow-hi.jpg   Divergence indicator NT7 ?-input-series-going-changed-into-obv-tick-clear-plot-obv_split_cory-indicator.jpg   Divergence indicator NT7 ?-input-series-es-when-chart-loaded-open-platform.jpg  
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  #26 (permalink)
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guidoisot View Post
1) when I open the chart the input series of ECIDiv_V7 is set back, by default I guess, to the main chart series (ES in this case), even though when I last closed the workspace and exited NT, I had saved ECIDiv_V7 with OBV Tick Clear data series of OBV_Split_Cory indicator (notice the black line, on panel 2, does not follow the profile of the histogram);

I am unable to reproduce your problem.

1. I open a simple ES chart (for ex 5 mn in my test).
2. I add OBV_Split_Cory to panel 2.
3. I add ECIDiv, input to OBV / Plot is OBV_Tick_Clear.
4. Draw the chart.
5. Save the worksave.
6. Reload. same chart.
7. Close Ninja.
8. Reload the chart. Same settings.

-- W.

-- The rest is silence
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  #27 (permalink)
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FWIW, I just made the same test with CCI / RSI / MACD. It works.

I suggest you remove all other indicators and make your tests only with ECIDiv and OBV.

Tests done with Ninja 7.0.1000.30.

-- W.

-- The rest is silence
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  #28 (permalink)
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thank you for your replies.

ok I will try that and let you know.

Thanks.

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  #29 (permalink)
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wwwingman View Post
FWIW, I just made the same test with CCI / RSI / MACD. It works.

I suggest you remove all other indicators and make your tests only with ECIDiv and OBV.

Tests done with Ninja 7.0.1000.30.

-- W.

I have done so, and it looks like now your ECIDiv_V7 indicator maintains the settings saved before the last exit from NT.
It is possible that if on my chart there are too many indicators my data connection (basic one with IB ... ) is not fast enough to let NT do all calculations. But this is just a guess I am doing.
I would like to take this opportunity also for asking you whether you could help me in understanding:
- how the pivot settings of your indicator work;
- how I could tell NT, using its strategy wizard, to activate an order when your indicator paints one of its divergence arrows. (sorry if this last question is so much naive ...)
thank you

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  #30 (permalink)
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guidoisot View Post
I have done so, and it looks like now your ECIDiv_V7 indicator maintains the settings saved before the last exit from NT.

I believe I can now reproduce the problem.
Make a simple workspace with ECIDiv + CCI. Save it.
Close Ninja. Open ninja. Open the workspace. It is restored properly.
However, if you leave ninja open, close the workspace, reopen the workspace, it will not be restored properly.

I need to explore that.


guidoisot View Post
- how the pivot settings of your indicator work;

a pivot is a local turning point. which means you need to look at past (left) bars, and futur (right) bars.
the default setting is to consider a pivot in relation to the 3 past (left) bars, and 1 futur (right) bar.
In other words : a high pivot occurs when the high of the bar is higher than the 3 past bars to the left, and 1 bar to the right. (and Lows for low pivot..). In ECIDiv, you can set the size of the left and right bars to look for the test.
Increasing the number to the left, will reduce the number of divergences. Increasing the number to the right will give you the results later.


guidoisot View Post
- how I could tell NT, using its strategy wizard, to activate an order when your indicator paints

You need to change the ECIDiv code for that, or ask a programmer to do that for you. The code is available, under GPL, and there are many programmer here on futures.io.
FWIW : ECIDiv was built for learning and for discretionary traders, the rest is out of the scope of this study and this is why I have not updated the tool for doing automation of this task. I also believe it is very strategy dependent, but that is just my belief.

Last thing : the indicator you are using OBV_Split_Cory is set by default to compute on close only. ECIDiv, by default, is set co compute all the time. If you want to be sure they work properly together, set both to the same computation mode (both compute on close, on all the time..). This will avoid miss of data.

-- W.

-- The rest is silence
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