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Coding Multi Time Frame (MTF) Indicators with NinjaTrader
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Coding Multi Time Frame (MTF) Indicators with NinjaTrader

  #51 (permalink)
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MTF Indicators Opening Range and IB Range Bands

Have promoted the Opening Range and Initial Balance Range Bands indicators to the download section of the forum. Please let me know, if anything does not work as expected.


https://futures.io/free_downloads/ninjatrader-7/indicators/937-download.html?view

https://futures.io/free_downloads/ninjatrader-7/indicators/938-download.html?view


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  #52 (permalink)
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Question For Fat Tails

Hello Fat Tails. With the VisualSMAX2 that you provided I have been experimenting with overlaying a 12 tick renko SMA onto a 6 tick renko chart with it's own SMA. When eyeballing the charts some interesting relationships jumped out at me when comparing the two MA's. The most significant was at major tops and bottoms where frequently the 6 tick renko sma would diverge with the 12 tick renko sma, thus giving a heads up on a possible long term reversal.

I have attached a chart of the TF to show what I mean. It occurred to me that it would be beneficial if an oscillator could be created based on MTF MA's. I know this may be too ambitious or difficult to accomplish but I thought I'd plant the seed. Thanks for everything you do.

Best Regards

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Coding Multi Time Frame (MTF) Indicators with NinjaTrader-mtf-ma-divergence.jpg  
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  #53 (permalink)
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Hi Fat Tails,
i only trade with moving averages and the indicator you coded is perfect for my trading. Thank you for that
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The problem i have is that with a muti frame indicator it is very difficult to find the best settings. Different moving average types, period, displacement...
I was wondering if you could make NT show the moving averages that go over 2 or more points by clicking on the candels (or renko bar), high low or close. Nt should find the best MA in the best period and best displacement.
Maybe we could add some settings to eliminate small MA's, and a margin of more or less (x) points (if the indicator is to precise we won't have any MA)
Every indicator should set themselves automatically. (easy to say when your not a programmer
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)
If want to find witch moving averages cross themselves at one precise point, it would be easier to click on the highest (or lowest) candel and let NT do the job.
Excuse my english, i hope you understood me...
Thanks again for the great work you've already done.

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  #54 (permalink)
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SARdynamite View Post
Hi Fat Tails,
i only trade with moving averages and the indicator you coded is perfect for my trading. Thank you for that
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The problem i have is that with a muti frame indicator it is very difficult to find the best settings. Different moving average types, period, displacement...
I was wondering if you could make NT show the moving averages that go over 2 or more points by clicking on the candels (or renko bar), high low or close. Nt should find the best MA in the best period and best displacement.
Maybe we could add some settings to eliminate small MA's, and a margin of more or less (x) points (if the indicator is to precise we won't have any MA)
Every indicator should set themselves automatically. (easy to say when your not a programmer
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).
)
If want to find witch moving averages cross themselves at one precise point, it would be easier to click on the highest (or lowest) candel and let NT do the job.
Excuse my english, i hope you understood me...
Thanks again for the great work you've already done.

Interesting idea, but I do not know of any self-setting moving averages. If you want them to be self-setting, you would need to specify the exact rules and backtest them first. Let me know, when you have it finished.

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  #55 (permalink)
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Fat Tails View Post
Interesting idea, but I do not know of any self-setting moving averages. If you want them to be self-setting, you would need to specify the exact rules and backtest them first. Let me know, when you have it finished.

Thank you for your quick reply.
By self setting i meant to find the more accurate moving average (ema, sma, hma etc..) and the more accurate timeframe going over the highest (+or- x points) or the lowest (+or- x points) or the close (+or- x points) of 2 or 3 candles we could select by clicking.
plus an option to eliminate the ma's under (x) period

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  #56 (permalink)
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SARdynamite View Post
Thank you for your quick reply.
By self setting i meant to find the more accurate moving average (ema, sma, hma etc..) and the more accurate timeframe going over the highest (+or- x points) or the lowest (+or- x points) or the close (+or- x points) of 2 or 3 candles we could select by clicking.
plus an option to eliminate the ma's under (x) period

What is a "more accurate moving average" and what is a "more accurate timeframe"? What means "+or- x points"?
Do you mean 2 or 3 candles, you need to decide. What means "(x) period"?

I don't understand this, although I am willing to understand.

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  #57 (permalink)
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Fat Tails View Post
What is a "more accurate moving average" and what is a "more accurate timeframe"?
i mean on a chart of a fdax 10 renkos by clicking on the highest of 2 candles NT shows every moving average that go over this two points in a multitimeframe mode.
for example a 150 period of an ema from a 3 renko chart, a 200 period hma of a 5 minutes candle chart...


What means "+or- x points"?
it means more or less (x) points. because if your looking only for moving averages that go exactly through this two points NT might not show any MA. (Because it would be to precise). So we add a setting that allows NT to choose the Ma even if the price doesn't touch the ma by x points or goes through the ma by x points.
Do you mean 2 or 3 candles, you need to decide. What means "(x) period"?
Yes two or 3 candles to decide.
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I don't understand this, although I am willing to understand.

Thank you for your patience, i really need to work on my english

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  #58 (permalink)
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SARdynamite View Post
Thank you for your patience, i really need to work on my english

It is quite an unusual idea to adapt moving averages with hindsight. First this has nothing to do with multi-timeframe indicators, but you only need to find a period that corresponds to those anchor points that you have identified.

The only concept that I know and which comes close to your idea uses anchored volume weighted moving averages. You can select key pivot highs and lows as anchor points and start calculating a volume weighted average price from these points.

If you want to discuss this concept, I suggest opening a new thread - if need in the French subsection of the forum -, as it is not related to MTF coding.

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  #59 (permalink)
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Fat Tails View Post
It is quite an unusual idea to adapt moving averages with hindsight. First this has nothing to do with multi-timeframe indicators, but you only need to find a period that corresponds to those anchor points that you have identified.

The only concept that I know and which comes close to your idea uses anchored volume weighted moving averages. You can select key pivot highs and lows as anchor points and start calculating a volume weighted average price from these points.

If you want to discuss this concept, I suggest opening a new thread - if need in the French subsection of the forum -, as it is not related to MTF coding.

Thanks for your answer. I thought it was an interesting option for all multi-timeframe indicators. No need to tweak anymore, just select anchor points. It is easier. It works for bollinger, ma's, macd etc...
Do you remember the name of the indicator you're talking about ?

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  #60 (permalink)
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SARdynamite View Post
Thanks for your answer. I thought it was an interesting option for all multi-timeframe indicators. No need to tweak anymore, just select anchor points. It is easier. It works for bollinger, ma's, macd etc...
Do you remember the name of the indicator you're talking about ?

Its creators Andrew Coles and David Hawkins call it the MIDAS method. The method uses anchored VWMAs. Follow the links below to get more details:

Book published on MIDAS:
http://www.amazon.com/gp/product/1576603725/ref=s9_simh_gw_p14_d0_i1?pf_rd_m=ATV...470938631&pf_rd_i=507846

Home Page:
Home

Short description attached. Again this has absolutely nothing to do with MTF indicators.

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Coding Multi Time Frame (MTF) Indicators with NinjaTrader-paul-levine-midas-method.pdf  
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