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Ablesys


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Ablesys

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  #11 (permalink)
able1236
Phoenix AZ
 
 
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Couuld you have 3 supertrend indicators each using a different time period? 1 minute, 2 minute, 3 minute?

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  #12 (permalink)
 phantomtrader 
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able1236 View Post
I have purchased the Ablesys indicators. They don't, however, produce an output allowing for proper back testing and automation.

To backtest you need a coded strategy. You could take a supertrend and the ultimate oscillator and try to code something in the Ninja wizard.

If you want to just backtest indicators, you have to spend a lot of hours in market replay watching and notating where and when the indicators trigger.

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  #13 (permalink)
 phantomtrader 
Reno, Nevada
 
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able1236 View Post
Couuld you have 3 supertrend indicators each using a different time period? 1 minute, 2 minute, 3 minute?

Yes, I think you can do that in NinjaTrader 8. Go to Ninja help guides and look it up.

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  #14 (permalink)
Shaban
Turin + Italy
 
 
Posts: 167 since Feb 2020
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If it is helpful, this topic has already been discussed extensively here:



by the way, you can find very similar indicators to AbleTrend and AbleSys for MT4 for free; these indicators work best in Trendfollowing type Markets, with broad movements, while they are not suitable in Mean Reverting type Markets.

Here are the easylanguage formulas of the Function and Indicator: Supertrend, which can be used to create a Strategy and then
make backtests:



here George Pruitt further explains the same Function and Big Mike's Supertrend Indicator (to see the full page with formulas, it is best to
save the page):

https://georgepruitt.com/super-trend-indicator-in-easylanguage/

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