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Coding Multi Time Frame (MTF) Indicators with NinjaTrader
You load it into 1min chart and you can set up all the parameters including the second time frame in strategy window.
Strategy was provided as is, for educational purposes, and as Fat Tails said "Unfortunately my time is limited, and I cannot spend hours for free on coding strategies"
Strategy without serious work and lot of testing and tweaking will never be profitable.
I have a lot of my own projects to play with.
Can you help answer these questions from other members on NexusFi?
That's a strategy, not an indicator, and it's working with CalculateOnBarClose = false. Of course heavy time sharing and no external indicators except the simpliest 5 liners like SMA EMA. All other indicators are internal. For example why would I call CurrentOHL indicator when I can do the calculations by myself, save some instructions and time and add some features. That's the catch.
There has been a number of requess to add some color options to the VisualSMA and Visual EMA. This is what I have done with the update.
-> color can be selected for upsloping and downsloping EMA and SMA
-> paint bars are available to detect the trend according to the indicator slope
-> the paint bars can be shown without plotting the indicator
The update can be found in the download section as usual:
Exported using NT Version 7.0.1000.11
Indicator will only run on NT 7.0.1000.4 or later.
The VisualSMA is a MTF (multi-timeframe) version of the Simple Moving Average. It will plot on any chart and allows to calculate the moving average
- from …
Exported using NT Version 7.0.1000.11
Indicator will only run on NT 7.0.1000.4 or later.
The VisualEMA is a MTF (multi-timeframe) version of the Exponential Moving Average. It will plot on any chart and allows to calculate the moving average
- …
I had made a small mistake when exporting the files. The first version, which I attached a few hours ago, cannot be properly imported, as it will ask for a missing file.
I have now replaced the files in the download section and they should work as expected. Please let me know, if there are any problems.
No I have not planned it. All these color things drive me mad. I do not have any use for those colors, just doing it because poeple love colors for their toys.
It would be best to separate color issues from the Visual indicators, but then you need to call the indicator. Due to NinjaTrader architecture there are some problems in calling MTF indicators, when these indicators load secondary bar series built from range or Renko bars. I have observed a vertical shift, and this problem has been confirmed by NT developers for all MTF indicators.
So what I will do with the next version, is to allow to call it in strategy mode, but also make sure that it does not return any values, when it loads rangebars.
I finally succeeded to code regular SMA and EMA indicators as functions inside my strategy. (the problem for me was how to do it with multi dimensional dataseries) So if you still don't use this approach in your indicator, you should do it, it will speed up the whole thing A LOT
Proudly can say that my strategy doesn't use any external indicators at all!!!
