NexusFi: Find Your Edge


Home Menu

 





Divergence, NT7, Indicator, optimized


Discussion in NinjaTrader

Updated
    1. trending_up 5,116 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 3 posts
    2. attach_file 0 attachments




Closed Thread
 
Search this Thread

Divergence, NT7, Indicator, optimized

  #1 (permalink)
 
nanook77's Avatar
 nanook77 
OKC, OK
 
Experience: Advanced
Platform: Ninja Trader, Trade Navigator. ToS
Broker: PFG/CQG
Trading: forex, futures
Posts: 23 since Jun 2010
Thanks Given: 84
Thanks Received: 8

Has anyone updated the futures.io (formerly BMT) Divergence Optimized indicator. Does not seem to work in NT7 ...5 or ....4. Love this indicator's options and used extensively with NT6.5. Want to use with BetterRenko and Range bars. fwiw. thx in advance

Visit my NexusFi Trade Journal Started this thread

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
Deepmoney LLM
Elite Quantitative GenAI/LLM
Futures True Range Report
The Elite Circle
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,178
Thanks Received: 101,541


nanook77 View Post
Has anyone updated the futures.io (formerly BMT) Divergence Optimized indicator. Does not seem to work in NT7 ...5 or ....4. Love this indicator's options and used extensively with NT6.5. Want to use with BetterRenko and Range bars. fwiw. thx in advance

Are you talking about the OBV Diver indicator? If so there is an existing thread on it. If not, maybe you can be more specific and provide a link to what you are talking about. Make sure it isn't Elite since this thread is not Elite.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal
  #3 (permalink)
 
nanook77's Avatar
 nanook77 
OKC, OK
 
Experience: Advanced
Platform: Ninja Trader, Trade Navigator. ToS
Broker: PFG/CQG
Trading: forex, futures
Posts: 23 since Jun 2010
Thanks Given: 84
Thanks Received: 8


Thx for such a quick reply BigMike

The indicator i was referring to is contained in the zip file: futures.io (formerly BMT)DivergenceOptimized - I also downloaded and tried the D3Spotter zip.

Am referring to your post of Nov 12, 2009 with last Reply of April 4, 2011.

Don't know if the indicator you optimized was originally intended for this use, and let me elaborate what am trying to accomplish with the indicator (this may be an appropriate project for the coding experts on this team - don't know).

My trading style uses the WCCI format. Am trading futures on two types of data streams. Range Bars (20 size) and Median Renko Bars (12 size) (using the Better Renko Bars from this site). Have 18 months of tick data on Range bars and 11 months on Renko bars.

Based on my data analysis, there exists a distinct correlation (0.82) between divergence between ratio of price movement to CCI movement. With the CCI being a predictive indicator, this present obvious opportunity, if it can be harnessed.

My of the futures.io (formerly BMT)DivergenceOptimized indicator was that is was comparing the intrabar price movement to the CCI movement with various period settings. However, regardless of the indicator selected from the MAType input or whether the Dbl (Double Averaging) is T/F, all the indicators produce the same numerical results. The only difference being where the cyan diamonds or the magenta boxes occur.

i.e. the CCI and VWAP both produce the same results. Also the CCI 28 size and the CCI 6 size produce the same results. This obviously can not be correct if i understand the little bit of code that I reviewed in the indicator.

Any assistance and/or explanation would be much appreciated.

Thx in advance.



System data: Win7, SP1 - 8GB ram, 120GB SSD; NT7... 5 (latest release).

Visit my NexusFi Trade Journal Started this thread
  #4 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,178
Thanks Received: 101,541

I am closing this thread, please use the existing thread:



Found by searching for "divergence".

Repost your problem there so someone can help. I did not author the "optimized" version so can't comment about it, and I don't use NT any more for a long, long time now so can't really help with your problem - but I'm sure someone else will.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal

Closed Thread



Last Updated on May 22, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts