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Anyone can tell me what indicator is this one?
Updated April 19, 2023
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Anyone can tell me what indicator is this one?
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#1 (permalink )
Madrid
Experience: Intermediate
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Good morning, everyone! I'm trying to use this indicator in a strategy using bloodhound and it doesn't work. It is an indicator that comes with an automatic strategy for which I pay monthly and is a free indicator that has been renamed like many others that come with the pack. Can anyone tell me what indicator it is? Thank you.
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#2 (permalink )
Market Wizard
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Pablherasgarcia
Good morning, everyone! I'm trying to use this indicator in a strategy using bloodhound and it doesn't work. It is an indicator that comes with an automatic strategy for which I pay monthly and is a free indicator that has been renamed like many others that come with the pack. Can anyone tell me what indicator it is? Thank you.
Sorry, I've no idea, but for me it looks like some kind of: Parabolic SAR
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#3 (permalink )
Madrid
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Maybe, I follows the price and get flat when price is in range . Thanks!
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Try searching on Google Lens ?
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#5 (permalink )
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Pablherasgarcia
Good morning, everyone! I'm trying to use this indicator in a strategy using bloodhound and it doesn't work. It is an indicator that comes with an automatic strategy for which I pay monthly and is a free indicator that has been renamed like many others that come with the pack. Can anyone tell me what indicator it is? Thank you.
Looks to behave like a version of an
- ATR driven SuperTrend
- version driven by ADXVMA
- a step MA
- something else
Hedge
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#6 (permalink )
Market Wizard
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hedgeplay
Looks to behave like a version of an
-
ATR driven SuperTrend
- version driven by
ADXVMA
- a step MA
- something else
Hedge
I agree, it is either a StepMA or ADXVMA
Here are pictures of each but the setting can be changed to mimic the pictures from the op.
StepMA
ADXVMA
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#7 (permalink )
Site Moderator
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hedgeplay
Looks to behave like a version of an
-
ATR driven SuperTrend
- version driven by
ADXVMA
- a step MA
- something else
Hedge
DavidHP
I agree, it is either a StepMA or ADXVMA
It's StepMA. the "TenthPip" and "kv" parameters in Properties are for StepMA.
The other guesses are good ones too. There are a few things floating around that look like that.
Bob.
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-- Cervantes, Don Quixote
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#8 (permalink )
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Looks like this: https://www.fibozachi.com/trading-indicators/zma
I believe it has flat periods because you are using unirenko charts.
Pablherasgarcia
Good morning, everyone! I'm trying to use this indicator in a strategy using bloodhound and it doesn't work. It is an indicator that comes with an automatic strategy for which I pay monthly and is a free indicator that has been renamed like many others that come with the pack. Can anyone tell me what indicator it is? Thank you.
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#9 (permalink )
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NGtrader
No, it's definitely StepMA. It goes flat when price is not trending much because that's what the "step" part is all about. It does that for any type of bar. You can see this in the chart posted by @DavidHP .
There's an NT7 version in Downloads, and people have fiddled around with it now and then. I have only seen it for NT7.
Here's an NT 7 version:
You might ask if someone will convert it to NT8 in the NT7 to 8 conversion thread (or if anyone knows of an NT8 version):
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
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#10 (permalink )
Zuerich / Switzerland
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@bobwest
Thanks for this information. As we know now what it is, there is some information out there in the net, beside in this forum. One page I found is the following one which explains:
StepMA is a very powerful underground moving average , now enhanced by ninZa.co.
StepMA uses a rather special algorithm to create a moving average that slopes when the market trends and becomes FLAT when the market is sideways or retraces. This characteristic makes the plot move up/down in steps, hence the name.
ninZa.co improved this indicator by rounding the moving average to the nearest tick size ; adding graphical enhancements; adding alerts and markers; fixing & strengthening the codes; making parameters easier to understand & tweak.
Especially, we added an option to let traders select any of 10 popular MA types as the base to calculate StepMA, which is not available in the original version.
In this indicator, ninZaATR is used (instead of regular ATR ) for better performance. For your information, ninZaATR is ninZa.co's special ATR version that helps improve indicator performance significantly on intraday charts. It is also a standalone FREE indicator for ninZaFamily
https://ninza.co/product/stepma-pro
Have a nice weekend.
Symple
Last Updated on April 19, 2023