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Cory's VolumeStopV3 (and now V4) - Worth A Look!


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Cory's VolumeStopV3 (and now V4) - Worth A Look!

  #161 (permalink)
mystiq
new york, new york
 
Posts: 49 since Apr 2010
Thanks Given: 62
Thanks Received: 9


cory View Post
comment out all DrawText lines, remember each line end with ";"


*what settings would this indy be set to to utilize a 60min or DAILY swing in market analyzer?

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  #162 (permalink)
 rocktrader123 
seattle, wa
 
Experience: Advanced
Platform: NinjaTrader
Trading: TF, CL, GC, 6E
Posts: 1 since Feb 2011
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cory View Post
comment out all DrawText lines, remember each line end with ";"

Cory,

Thanks for the fantastic indicators, both Volume Stop and Momentum Stop. I used them on NinjaTrader 7. I found them fairly accurate in identify turning points; especially when both give the signals at the same time, e.g. triangle from the MomStop and either triangle or diamond from VolStop. It would be very profitable if trade with the trends and in conjunction with other indicators, e.g. Momentum indicator. Attached is the chart of crude oil CL using Range bar of 15 tics.

I do have a question, what could I do to change the shape of the triangle, e.g. make it larger, or change from triangle to another shape, e.g. solid circle, to distinguish between the 2 indicators. Also, is there anyway to flash the symbol (e.g. triangle, diamond) when the signal is issued. I set the Audible alert, but it would take a while to search for the signal if having multiple charts.

Again, great work Cory, keep up the good work and contribution!

Attached Thumbnails
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Name:	CL 05-11 (15 Range)_VolStop_MomStop  3_25_2011.jpg
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  #163 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
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in ninja control center, help tab, search for 'draw' the help guide show you how to draw some other shapes then go to indicator code and look for DrawTriangleUP, DrawTrangleDown and change it to other shape. Size control is a bit more challenging look at sr dot size to see how I do it. Sound file lags because it take time to play sound you can try to have diff chart plays diff sound but you also have to code it.



rocktrader123 View Post
.. especially when both give the signals at the same time,...

that is a good way to use them.

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  #164 (permalink)
 Southsea 
USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp Futues/Zen-fire
Trading: Futures
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Hey Cory! Does the volume stop and momo stop v7 repaint? Does the triangles and diamonds appear at the end of the bar rather than bars later? Thanks for the great indicator!

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  #165 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
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Southsea View Post
Hey Cory! Does the volume stop and momo stop v7 repaint? Does the triangles and diamonds appear at the end of the bar rather than bars later? Thanks for the great indicator!

1- it does not repaint
2- signal is always on the current bar

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  #166 (permalink)
 Southsea 
USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp Futues/Zen-fire
Trading: Futures
Posts: 45 since Apr 2010
Thanks Given: 13
Thanks Received: 6

Thanks Cory! Do you know if anyone has had success automating this indicator in a strategy? Are the parameters such that it could be automated for entry with the signals at the end of a bar? Complicated code? Thanks again for this phenomenal indicator! SS

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  #167 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
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Southsea View Post
Thanks Cory! Do you know if anyone has had success automating this indicator in a strategy?

they didn't say.

Quoting 
Are the parameters such that it could be automated for entry with the signals at the end of a bar?

yes

Quoting 
Complicated code?

no, you could easily cut & paste the codes directly into your strategy.

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  #168 (permalink)
 OTP4 
Colorado
 
Experience: Advanced
Platform: Ninja and TOS
Broker: Mirus and Zenfire
Trading: CL and 6E
Posts: 4 since Aug 2009
Thanks Given: 7
Thanks Received: 1

Thank you for sharing your indicator and your patience in responding to all the questions. I have spent some time adjusting the inputs for the various instruments and charts I trade, and this provides a critical piece when evaluating a setup.

Much appreciated.
OTP

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  #169 (permalink)
 aslv2000 
Bogota, Colombia, South Americ
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 12 since Nov 2009
Thanks Given: 4
Thanks Received: 1


rocktrader123 View Post
Cory,

Thanks for the fantastic indicators, both Volume Stop and Momentum Stop. I used them on NinjaTrader 7. I found them fairly accurate in identify turning points; especially when both give the signals at the same time, e.g. triangle from the MomStop and either triangle or diamond from VolStop. It would be very profitable if trade with the trends and in conjunction with other indicators, e.g. Momentum indicator. Attached is the chart of crude oil CL using Range bar of 15 tics.

I do have a question, what could I do to change the shape of the triangle, e.g. make it larger, or change from triangle to another shape, e.g. solid circle, to distinguish between the 2 indicators. Also, is there anyway to flash the symbol (e.g. triangle, diamond) when the signal is issued. I set the Audible alert, but it would take a while to search for the signal if having multiple charts.

Again, great work Cory, keep up the good work and contribution!

What I did to separate the triangles in the MomStop from the Volstop is I changed the toff variable from 3 to 6 in the MomStop and you can see them both.

May I ask where did you find the Better Momentum indicator?

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  #170 (permalink)
 bobc635 
Tucson
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage5
Trading: CL, YM
Posts: 209 since Jan 2011
Thanks Given: 137
Thanks Received: 233


I have been using it for a couple of months on the emini, the TF and the 6E. It is a great indicator. I found that I needed to adjust the chart time base to get the indicators to look right....smaller time base gives more wrong readings. I have used 1,3,5, 10 and 30min bars. I think it would make a very profitable strategy....


HJay View Post
It seems 40 or so people have downloaded this but I have not found much of a discussion around it.. From what I have seen today, this does a real nice job of identifying turning points based on volume (something I have always been interested in but never found an indicator I felt comfortable with).

Like any indicator there are some false or lets say "weaker" signals than others, but on the whole in my view this is worth taking a look at.

Attachment 2854

Very impressive Cory!


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