NexusFi: Find Your Edge


Home Menu

 





beta LineBreak bar type with Wicks for NT7


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one zacharydw00 with 23 posts (41 thanks)
    2. looks_two Stem1 with 5 posts (0 thanks)
    3. looks_3 Big Mike with 5 posts (2 thanks)
    4. looks_4 wccktrader with 5 posts (2 thanks)
      Best Posters
    1. looks_one zacharydw00 with 1.8 thanks per post
    2. looks_two gordo with 1.5 thanks per post
    3. looks_3 max-td with 1.3 thanks per post
    4. looks_4 Big Mike with 0.4 thanks per post
    1. trending_up 33,413 views
    2. thumb_up 56 thanks given
    3. group 14 followers
    1. forum 61 posts
    2. attach_file 12 attachments




 
Search this Thread

beta LineBreak bar type with Wicks for NT7

  #21 (permalink)
 
zacharydw00's Avatar
 zacharydw00 
Idaho
 
Experience: Intermediate
Platform: NinjaTrader,ToS
Broker: Amp Futures, ToS
Trading: ES, E7, CL, GC
Posts: 149 since Aug 2009
Thanks Given: 87
Thanks Received: 180

Can I get some feed back on the new fix from post #13.
Thanks

Milk-a-What?
Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Cheap historycal L1 data for stocks
Stocks and ETFs
Quantum physics & Trading dynamics
The Elite Circle
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
About a successful futures trader who didnt know anythin …
Psychology and Money Management
Trade idea based off three indicators.
Traders Hideout
 
  #22 (permalink)
 
wccktrader's Avatar
 wccktrader 
Singapore
 
Experience: Intermediate
Platform: NinjaTrader, Sierra Charts
Broker: Thinkorswim, IQFeed
Trading: Options of SPY, IWM, QQQ
Posts: 47 since Nov 2010
Thanks Given: 54
Thanks Received: 149


zacharydw00 View Post
Can you explain what you mean by "it shows the discrepancies."? Is it working correctly or not?
Thanks.

I was referring to the discrepancies as described in the chart attached to post #16. Please compare the LineBreakWicked bar type on the chart to that of the ThreeLinesBreakOnPrice indicator (which is essentially three line break chart overlaid on normal 60 min bars). I believe the LineBreakWicked bartype is not working correctly.

Attached is the cs file for the ThreeLinesBreakonPrice indicator.

Reply With Quote
  #23 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985


@zacharydw00, this is a screeshot of 3BLB comparation from SC to NT, I don't know if they are working in different way by design, but there are differences, here is the link of @aslan version for SC BetterLineBreak Custom Chart - Sierra Chart


Take your Pips, go out and Live.
Luke.
Reply With Quote
Thanked by:
  #24 (permalink)
 
zacharydw00's Avatar
 zacharydw00 
Idaho
 
Experience: Intermediate
Platform: NinjaTrader,ToS
Broker: Amp Futures, ToS
Trading: ES, E7, CL, GC
Posts: 149 since Aug 2009
Thanks Given: 87
Thanks Received: 180

The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

Milk-a-What?
Attached Thumbnails
Click image for larger version

Name:	3BLB SC.PNG
Views:	317
Size:	16.1 KB
ID:	38213  
Started this thread Reply With Quote
  #25 (permalink)
 
wccktrader's Avatar
 wccktrader 
Singapore
 
Experience: Intermediate
Platform: NinjaTrader, Sierra Charts
Broker: Thinkorswim, IQFeed
Trading: Options of SPY, IWM, QQQ
Posts: 47 since Nov 2010
Thanks Given: 54
Thanks Received: 149


zacharydw00 View Post
The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

I have marked up my earlier chart in blue to show 3 reversal bars that did not break the 3rd bar back. Thanks.

Attached Thumbnails
Click image for larger version

Name:	2011-05-07_2130.png
Views:	396
Size:	424.3 KB
ID:	38225  
Reply With Quote
  #26 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985


zacharydw00 View Post
The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

Thank you to show me out that, i didn't realize , I hope @aslan could check this.

Anyway here is the comparison with NT's LB, to me it seems ok,


Take your Pips, go out and Live.
Luke.
Reply With Quote
Thanked by:
  #27 (permalink)
 
zacharydw00's Avatar
 zacharydw00 
Idaho
 
Experience: Intermediate
Platform: NinjaTrader,ToS
Broker: Amp Futures, ToS
Trading: ES, E7, CL, GC
Posts: 149 since Aug 2009
Thanks Given: 87
Thanks Received: 180


wccktrader View Post
I have marked up my earlier chart in blue to show 3 reversal bars that did not break the 3rd bar back. Thanks.

I do not have access to SPY data. So I am unable to do my own comparison.
Sorry

Milk-a-What?
Started this thread Reply With Quote
Thanked by:
  #28 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985


zacharydw00 View Post
The 3LB SC you posted is not correct. I pointed out 2 reversal bars that did not brake the 3rd bar back. Can you post a comparison against NT's LB bar type.
Thanks

I have just checked on real time data, and it's not wrong, it works this way by design, it uses the 3 bar open, instead close, to make the break. Just for clarification.

Take your Pips, go out and Live.
Luke.
Reply With Quote
  #29 (permalink)
 
zacharydw00's Avatar
 zacharydw00 
Idaho
 
Experience: Intermediate
Platform: NinjaTrader,ToS
Broker: Amp Futures, ToS
Trading: ES, E7, CL, GC
Posts: 149 since Aug 2009
Thanks Given: 87
Thanks Received: 180


LukeGeniol View Post
I have just checked on real time data, and it's not wrong, it works this way by design, it uses the 3 bar open, instead close, to make the break. Just for clarification.

FYI - That is not the authors intent. See Beyond Candlestick - Steve Nison, pg 173.

Milk-a-What?
Started this thread Reply With Quote
  #30 (permalink)
 
zacharydw00's Avatar
 zacharydw00 
Idaho
 
Experience: Intermediate
Platform: NinjaTrader,ToS
Broker: Amp Futures, ToS
Trading: ES, E7, CL, GC
Posts: 149 since Aug 2009
Thanks Given: 87
Thanks Received: 180


Latest version available in the Elite section:


As a reminder, Ninja requires a restart after importing a bartype.

Milk-a-What?
Started this thread Reply With Quote
Thanked by:




Last Updated on December 25, 2019


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts