Viper Trading Systems Indicator

jsengxx

hello,

I´am looking for an indicator that viper trading systems is jussing, it is the one that marks the HL LH LL LH etc with the red and bleu lines.

If some one has this indicator please post.

Best regard,
JJ

cory

post a pic.

jsengxx

you can goo to vipertradingsystems.com an go to videos
It is the indicator that draws red and bleu lines, it is indicating the high and lows.

zeller4

did you try the ninjapriceaction indicator? i haven't seen the video yet...
the other thing that posts a plotted trendline is called autotrendline

hth

kz

Zoethecus

The Breakout indicator is identical to Ninja's Donchian Channel set to 5 period, Solid, Square settings

jsengxx

thanks......................

Zoethecus

jsengxx

thanks......................

No need to thank me.

I think Viper is a world class POS.

tomgilb

jsengxx

hello,

I´am looking for an indicator that viper trading systems is jussing, it is the one that marks the HL LH LL LH etc with the red and bleu lines.

If some one has this indicator please post.

Best regard,
JJ

JJ,

Try this for NinjaTrader:

-Import the attached NinjaScript zip files using File, Utilities, Import NinjaScript... (do not unzip)
-Put the two .xml template files in your \NinjaTrader 6.5\templates\Chart folder
-Click on File, New, Chart... , select your instrument, days back, and preferred range bar size for the Trade chart, and choose the UnViper Trade template.
Repeat for the Trend chart, choosing the UnViper Trend template.

The default Trade chart range bar for ES is 5.
The default Trend chart range bar for ES is 7.
Range bar size will vary for other instruments, but the general rule is the Trend chart uses a range about 1.5 times the Trade chart.

Cautions: Both the Viper and UnViper will repaint the LinReg colors two segments back so it makes reviewing could-have trades inaccurate. And you'll find you need trading skills apart from their indicators (or the attached) to be profitable.

-Tom

joyginy

"Range bar size will vary for other instruments, but the general rule is the Trend chart uses a range about 1.5 times the Trade chart."

Hi tom can u lil bit example above statement,and thanks for the post.

tomgilb

joyginy

"Range bar size will vary for other instruments, but the general rule is the Trend chart uses a range about 1.5 times the Trade chart."

Hi tom can u lil bit example above statement,and thanks for the post.

joyginy,

If the instrument is more volatile, the range bars need to be commensurately larger. On the TF, they use 8 on the Trade chart and 12 on the Trend chart. Same for NQ, I think, but sometimes they use 12/16.

They have no hard rule on range bar size. Their defaults are from their experience but experiment with what seems to work for your style. I liked a 3/5 for scalping the ES.

-Tom

Viper Trading Systems Indicator

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Viper Trading Systems Indicator

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