Dark
Theme
Light
Theme
Register
Username or Email
Username or Email
Password
Password
Forgot
Signup
Forgot
Browse
Register
Downloads / Indicators
Articles
Upgrade to Elite
Unanswered Posts
My Posts
Return to Homepage
Today's Posts
Trading Reviews and Vendors
Futures Brokers Reviews
Traders Hideout (general)
Platforms and Indicators
Trading Journals
Elite Trading Journals
Psychology and Money Management
Off-Topic
The Elite Circle
Webinars
Trading Articles
Main Trading Articles Index
Article Categories
Help, Tutorials, How-To's
Traders and Trading Methods
Platforms, Tools and Indicators
Terms (Glossary)
Article Tools
List New Articles
List Recent Article Changes
Random Article
Most Popular Articles
Category Groupings
Wanted Articles
Most Linked to from Forum
Go to Page...
Quotes
by TradingView
>
Downloads
>
NinjaTrader
>
NinjaTrader 7 Indicators
>
Categories
Show
Search
Help
Search
title and description
keywords
Advanced Search
Winning nominations
What's Hot
What's New
New Ratings
Some Random Entries
Home Category
Login to Download
Momentum BB Lines
Exported using NT Version 7.0.1000.8
The Momentum BB Lines is an indicator, which is similar to the MACD BB Lines. However, it is not based on the MACD, but on a smoothed, balanced momentum.
The balanced momentum is obtained, when the input value one period ago is replaced with a triangular moving average. This avoids that wide ranging bars which drop out of the momentum calculation have an impact on the momentum line.
The balanced momentum is exponentially smoothed with a selectable smoothing period. The BB Lines are Bollinger Bands, which use the same period for the standard deviation as is used for the balanced momentum before smoothing. The Bollinger Bands are applied to the smoothed momentum.
Different colors can be selected for a rising and falling smoothed momentum and for dots outside and inside the Bollinger Bands.
The indicator has an option to plot paint bars showing whether the smoothed momentum is sloping up or down and whether it is outside or inside the Bollinger Bands.
Category
NinjaTrader 7 Indicators
Details:
Momentum BB Lines
Category:
NinjaTrader 7 Indicators
February 6th, 2012
Size: 10.67 KB
Downloaded: 1687 times
Keywords:
bband
bollinger
momentum
momentumbblines
triangular
1113
Fat Tails
Comments/ratings
Tiberius
February 6th, 2012 10:22 PM
Thanks, nice work .
Trafford
February 7th, 2012 06:11 AM
Many Thanks FT
peakskill
February 7th, 2012 07:51 AM
Very nice indicator. Of course! Thank you.
vikstock
February 7th, 2012 04:56 PM
No Comment
jtrade
March 11th, 2012 01:08 PM
Splendid work - thank-you, FT.
Ron Schnee
April 19th, 2012 11:11 PM
I am not giving this back. No way. Thanks again.
Bobi
March 20th, 2013 04:36 PM
Thank you.
charttrader
October 13th, 2014 10:47 AM
Catches price changes nicely.
Thanks.
thadolius
March 17th, 2015 09:59 PM
Works very well.
no3putts
February 17th, 2016 06:26 AM
Perfect! Thank you.
Page 1 of 2
1
2
>
Sort by
Date created (ascending)
Date created (descending)
Username
futures io is now NexusFi
Trading Webinars How-to's
Trading Reviews & Products
Join Markets Chat waitlist
NinjaTrader Brokerage (Broker)
Ninja Mobile Trader (Server Hosting)
Apex Trader Funding (Prop Trading)
Tradovate (Trading Platform)
NinjaTrader (Trading Platform)
SharkIndicators (Trading Software)
© 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.