THIS IS A INDICATOR THAT WILL GIVE YOU AN OPEN RANGE BREAKOUT ZONE YOU CAN SET IT TO ANY TIME YOU LIKE FOR YOU'R RANGE LIKE 30 MIN,15 MIN 2HRS ECT ECT...I THINK IT BEST TO SET IT LIKE 30 MIN OR 15 MIN <SAY THE MARKET OPENS AT 700AM SO SET IT FOR 630 OPEN-701 CLOSE THAT WILL GIVE YOU A 30 MIN RANGE> THEN ENTER YOUR TRADE WHEN YOU BREAK TO THE TOP OR BOTTEM OF THE BLACK LINES USING YOUR OTHER INDICATORS OF CORSE THANKS AND HAVE FUN...SHARKY
THANKS TO RICHARD AND ZELLER FOR THE HELP
This was originally posted by ElliottWave. I'm just adding it here as there have been many requests.
ZiNonLagma is very similar to the StepMA indicator. Personally, I like it better as it seems more responsive and is easier to customize.
In the screen shot, I've set the line style to "hash" and the line width to "90". The reasons for these settings is to hide price noise that occurs behind the hash bars. I want it hidden because I'm only looking for "committed moves" by the market. Of course, you can use it as you wish.
I've been trying to add an "opacity" feature to the plotting but it's beyond my skills. Maybe someone wants to take a crack at adding that feature.
DeanV on the NT forum recently posted this new edition which features ability to plot dynamic PVP, i.e. it shows when the PVP/POC 'flipped' during any session. Works live but also on historical charts which is a godsend for review work.
Attached pic has a few extra things on it, but the dynamic PVP is the red hash plot. (The magenta bands are from the new hVWAP and are different from the dValueArea indicator. Also there are other bands there that are different too.)
Note: my version in the chart has some different colors from the one uploaded which is the original from Deanv.
A recent modification of the VWAP that allows you to save start and end times in templates, plus has multipliers for the SD bands and a couple of other features.
Picture shows a few other things, but the new hVWAP is the thick Magenta line and its SD bands are in similar color.
This is ZigZag UTC with trend lines and fib tools. It counts number of bars of each swing. It also shows bar count in progress and fib retracement in progress.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NO(Tested by sam028)
Submitted by tastudios on NT. I was looking for this indicator and thought it might be useful with Gomi's stuff.
Plots the price at which highest number of contracts or shares were traded at any given time. It is also the maximum point on a volume profile. The PVP resets at the start of every new session.
January 29th, 2015 05:45 PM traderx4 Works in Ninja 7 too-Thanks
:-)
December 20th, 2009 02:34 AM cclsys Thanks. I am still hoping someone can find a way to plot the day PVP bar-by-bar. I think this would be extremely helpful
, not so much for live trading but for historical review of methods using current day PVP.