I came across "McGinley Dynamic" in a thread on this forum. On further investigation I found two entirely different formulas referred to by that name. This indicator implements a variation based on the following formula:
v[0] = v[1] + (Close[0] - v[1]) / (.618 * n * (Close[0] / v[1]) ^ 4)
Now that I can see the result, it doesn't appear to me to be any more useful as an average than an EMA of the same period. However I think it may make a good trigger line vs an EMA of the same period.
September 7th, 2010
Size: 2.12 KB
Downloaded: 287 times
634
fluxsmith
This indicator will read values from a .txt file, I've set the location of the file in the root directory, but you can change that to what ever you want.(c:\MyTextFile.txt)
I've set it up to hold 4 values:
EMAMin#12
EMAMax#24
StartTime#21:00
EndTime#09:00
You can add/remove any of the lines, but remember to change the Properties in the C# code.
When you add values you need to make sure the name/values are separatored by a hash (#)
It was written in Ninja7, but I'm sure it will work in Ninja6
To follow up with my recent post and question, this is the indicator I'd like to clean up. All the text makes it look too cluttered. I just want to outline the candle pattern chosen and get rid of the text (or make it alterable). This file was native to NT7 so there is no zip, just a .cs. Rather than zip it I'm thinking attaching the .cs is ok.
via a Toolbar Button...
Posted this as an answer to a user on the NT forum and thought it might be useful here.
More useful as a concept of showing / hiding an indicator than the fact that it is demonstrated on a moving average.
This is an updated version of DoubleMAPaintHolyGrail V1 by TheWizard. The original coding remains the same. Only lines of code required to make the program work in NT 7 have been changed.
The download package contains the following programs:
August 28th, 2010
Size: 46.15 KB
Downloaded: 1229 times
617
gordo
Exported using NT7(b22) Video Demonstation here
Different version of my indicator to reveal Executions simply and effectively.
Just move the mouse in and out of a 'hidden' button to show/hide your trade executions.
Keeps the screen nice and clean.
NB this will only reveal Text And Markers or DoNotPlot states. v4 Reveals all 3 states
OCT22 v1 - ADDED SECOND TOGGLE TO MAXMISE/NORMAL SIZE CHART. TIDIED UP ORIGINALS AS WELL.
Dec 2012 v4 NOW ROTATES BETWEEN ALL THREE STATES..
NT7 version ONLY.
NT6.5 : NO
May 23rd, 2011 07:55 AM gibips I just upgraded to NT7 from 6.5, upgraded this newer version (2) and have the same problem as mentioned - sometimes the
neutral yellow is not painted. It leaves a blank between the up and down colors.
March 30th, 2011 04:53 PM Southsea Thanks! Was wondering if this indicator repaints? Does it change past bar colors based on new data? Thanks a bunch!
March 11th, 2011 11:08 AM PandaTrader Same problem here. It doesn 't plot the neutral colors every time. Leaves a gap between the rising and falling plots. P
lease help.
October 22nd, 2010 05:53 PM Howard
October 15th, 2010 01:04 PM PandaWarrior It does not plot the neutral colors every time. Instead it leaves a gap between the rising and falling plots. Once in a