The indicator displays the current open, the initial balance (IB) and upper and lower range bands that are calculated by adding and subtracting fractions of the initial balance to the IB high and IB low.
You can only use this indicator with an appropriate session template. The opening time will align itself to the start time of the RTH session, as specified via session template. The hybrid setting assumes that you want to use the 3rd intraday session as RTH session for FOREX and currency futures and the second session for all other instruments.
Example ES: Select a session template with the following sessions: Session 1 (night session) 15:30 - 8:30 Central Time, Session 2 (RTH) 8:30 - 15:15 Central Time. Select second session for opening range.
Select length of opening period: The length of the opening range can be selected via indicator dialogue box The default setting is 60 minutes.
Select Offset: With an offset of 00:00, the indicator aligns to the start of the selected session. If you enter a positive value for the offset, the opening range will be shifted forward from the session start. For example if you open a chart for ES with the session template US CME Index Futures, then the session (and the trading day) starts at 5:00 PM Central Time. To display an opening range for the regular session, you need to enter an offset of 15:30, because the regular session starts 15 hours and 30 minutes after the start of the trading day.
Multipliers for range bands: The multipliers for the upper and lower range bands can also be changed. The default settings for the bands are 0.5, 1 and 2, meaning that the first upper band is built from the IB high by adding half of the IB range, and similar for the other bands.
Developing range: Prior to the completion of the initial balance, the indicator plots the developing range in gray to show that the range is still incomplete.
Night session or pre-session range: The indicator also has an option to display the full night session, European or Asian session range. This feature is not used with the default settings. I did not add it on purpose, it was already part of the opening range indicator, and it was easier to leave it than to remove it.
European Session Range: You can select start and end time of the European Session in CET (Central European Time). The European Session is pre-configured for the time between 8:00 AM and 1:00 PM CET.
Asian Session Range: You can select start and end time of the Asian Session in TST (Tokyo Standard Time). The Asian Session is pre-configured for the time between 9:00 AM and 3:00 PM TST.
Update June 2, 2011: New signature for GetNextBeginEnd() implemented.
Update June 11, 2011: Small bug removed, indicator did not display opening range and pre-session range correctly during the training period (first bars of the chart, after scrolling to the left horizontally).
Update June 21, 2011: The indicator now works with half-pip FOREX feeds. Indicator dialogue box improved.
Update July 25, 2011: Serialization of the plots and indicator dialogue box changed.
Update January 24, 2012: Offset added, opening period no longer needs to be aligned to session start.
Update February 19, 2012: Option added to cut off the opening range at the next session break.
Update October 6, 2013: Minor bug removed, offset was not applied correctly on tick charts, when indicator was set to COBC = false.
Update October 24, 2013: Drop down property added for European and Asian Time Zone
Update December 8, 2013: Indicator partly recoded and custom plot added.
First Simple Version of DoubleMA Trading Strategy ... with SlopeMA and Angle ...
Later i will insert Signal[0] as filter ... or not
Use genetic optimizer, but do not over parametrize ...
Simple Steps are better
i use 4 range on eurusd (small spreads), but i think on es work better ...
i trade manuel, use this for curve fitting on range and thanks to roonius on renko my sideway filter ...
June 12th, 2009
Size: 3.56 KB
Downloaded: 1008 times
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This strategy automatically creates a stop based on the ATR (Average True Range) indicator. The input in the strategy allows you to select the ATR period and the (numatrs) number of ATRs the stop is placed from the open price.
The Implied Volatility (IV) Percentile indicator attempts to gauge IV. This is a simple oscillator that returns an IV value from 0 to 100 Percent that's within a selectable lookback period. The user can compare the IV value to either an adjustable axis Value or against a Simple Moving Average.
This is not to be confused with IV Rank which is similar in function but uses a more simplistic calculation.
I have used this indicator as a filter for several mechanical strategies.
Remember...
When the VIX is high, it’s time to buy. When the VIX is low, it’s time to go.
This indicator was compiled using NinjaTrader 8.0.23.1 64-bit
February 13th, 2014 03:36 AM Sezor Thanks for this.
Are there any tokens in Nt for things like <instrument name > ?
July 22nd, 2013 12:54 AM Amsterdam Whale I'm so awed at this particular moment by the power of groups of strangers sharing one particular goal.... we give wholeh
eartedly and with genuine pleasure at furthering the success of another. In fact in this kind situation we so naturaly a
nd without even a moment's consideration, act as someone who understands that in many instances doing something for othe
rs furthers our interests more than if one were to do the exact same thing for ourselves. Thanks for this tool, it's no
small thing.
December 29th, 2012 04:20 PM Silver Dragon Very useful. Thanks!
March 23rd, 2012 02:46 AM jwdixon Great Help!!!!Thanks