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Divergence indicator NT7 ?
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Divergence indicator NT7 ?

  #31 (permalink)
Elite Member
Milan, Italy
 
Futures Experience: Beginner
Platform: NinjaTrader, XTrader, TWS
Favorite Futures: ES, Stocks
 
Posts: 128 since Jan 2012
Thanks: 188 given, 57 received

Thank you for your reply.
I apologize if I am coming back even after your "last thing" paragraph, but as per your kind suggestion I have asked a consultancy to a programmer, (I understand with very extensive NT programming experience), for modifying your popular divergence indicator, so that one can get trading signals executable into a the strategy wizard. Unfortunately the response I got has been that it was not worthwhile the effort since this indicator appears to repaint (I do not know exactly what this means, anyway I undertand this is supposed to be a problem) and any time one changes the chart timeframe it resets its oscillator input series back to the price input series. I would be really grateful if you could let me (and any other newbie possibly interested in this) know whether you think you may fix these issues, .... when you have a some spare time to dedicate at it. Alternatively if you know a programmer who could do these upgrades to your indicator wouold you please ask him/her to pm me for a quote.
Thank you. Best Regards.
guidoisot

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  #32 (permalink)
Elite Member
Paris, France
 
Futures Experience: Intermediate
Platform: SC, NT, ToS
Favorite Futures: CME & Eurex Futures
 
Posts: 115 since Apr 2011
Thanks: 336 given, 187 received


guidoisot View Post
Thank you for your reply.
...for modifying your popular divergence indicator, so that one can get trading signals executable into a the strategy wizard. Unfortunately the response I got has been that it was not worthwhile the effort since this indicator appears to repaint (I do not know exactly what this means, anyway I undertand this is supposed to be a problem)

@guidoisot

If you compute divergences while the bar is evolving, you need to accept that a divergence may occur ..and disappear.. before the bar is closed. Since we don't know how the bar will be closed when a signal occurs, we repaint over and over the divergence when we have a signal, or do not draw (erase it..) when it does not appear... This is called repainting.
However, if you set the compute on close to true, then the computation is done only once, on the close of the bar. And there is no repainting...

Again, ECIDiv was built for discretionary traders. And, at least "some of them" want the signal to be known as soon as possible because they see it as an advantage, not a issue or a problem ...
If you are not interested in repainting, simply set the compute on close to true.

Regarding time frame change... I have no problem with that. I do have the problem we talked about of Ninja not reloading properly the parameters when you reload a workspace you just closed without a reboot. Still need to contact Ninja about this in order to understand why the don't restore properly the parameters (it may be in my code, but ninja code does the save/restore .. not the study code).

-- W.

-- The rest is silence
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