The Murrey Math trading system is primarily based upon the observations made by W.D. Gann in the first half of the 20th century.
While Gann was purported to be a brilliant trader in any market his techniques have been regarded as complex and difficult to implement.
The great contribution of Murrey Math (T. H. Murrey) was the creation of a system of geometry that can be used to describe market price movements in time. This geometry facilitates the use of Gann's trading techniques.
This is a very interesting indicator that shows historical volatility for the current time fo day, averaged over a selected number of previous days. It tracks surprisingly well with ADX, except that it actually leads ADX in many cases. The screenshot shows how the two compare.
This could be very useful in strategies because you could actually look forward and see the expected volatility ahead of time.
A nice future addition to this indicator would be an option to shift it forward a few bars, so you could be aware of the predicted volatility before it gets there.
This is a realtime indicator that measures money flow by the individual tick. Not related to NYSE TICK. It does a decent job of showing which swings are real moves with volume behind them and which are just retracements.
These are the common stochastics indicators with a few minor changes. THEY ARE FOR NINJATRADER 7 ONLY.
The main value of these is that they show: how to implement multi-color plotting in NT7; how to serialize colors for use as parameters; and how to use the dataseries objects exposed by GOMCD as input to other indicators.
The stochastic of price is the common, garden variety stochastic oscillator. I changed it to oscillate between -100 and +100 instead of between 0 and 100, and used the new PlotColors() method of NT7 to give different colors for rising and falling. Once the color changes, it stays changed.
The stochastic of CD is based on the CUMULATIVE DELTA OF VOLUME. It is not based on price AT ALL. For it to work, you need to have installed the GomCD indicator. If you are running a GomRecorder and have set up a GOMFOLDER, this plot will refresh historically, and will not disappear when you make changes to the chart. This is a good code sample for those who would want to use the GomCd to give inputs to other custom indicators.
For both of these, the colors of the rising and falling plots "K" are ColorRising and ColorFalling, the first two parameters all the way at the top of the list. Changing the color of Plot "K" will not do anything. However, that is where you can adjust the line weight and style of that plot.
COMPATIBILITY:
NinjaTrader 6.5: NO
NinjaTrader 7.0: YES
Triple Exponential Moving Average with the angular slope calculated for each Bar.
Display of angle maybe turned on/ off in Dialogue Box.
I have calculated the slope using only the values at the current and last Bars, not the Current Bar and the average of the last 2 bars as many indicators do.
To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
Just an indicator to place support/resistance zones on a chart. 10 zones are available. Would like to be able to make the zones color selectable, but I'm not a programmer, just a "copy and paster" . These work better than rectangles because you can't mistakenly grab them and move them.
The VHF indicator can be a useful tool as it attempts to measure the “trendiness” of a market. It reveals the strength of a trend, not the trend direction. This filter compares the sum of one-day price changes within a specific time period to the range between the high and low prices over the specified period. The VHF values help identify whether prices are in a trending phase as well as the degree or strength of a trend, where the trader should use trend-following indicators, or if the prices are in a trading range market, a case where congestion-phase indicators (such as
oscillators which work well in trading range markets) should be used.
In theory, the VHF indicator can be used in the following three ways:
1. In determining whether a particular market condition is trending or is in a congestion/non-trending phase: A rising VHF line indicates a developing trend; a falling VHF line indicates prices may be entering a trading range market.
2. To determine the degree or strength of a trend: The higher the VHF line, the higher the degree of trending. A falling line indicates a trend is weak.
3. The use of the VHF as a contrarian indicator: Relatively low VHF values can indicate that prices can be expected to break out of the congestion phase and start trending. On the other hand, relatively high VHF values indicate that a trending phase may be coming to a close and that the market is getting ready to enter a congestion phase.
This is an indicator that I have found on ninjatrader support website , I though it would be a good add-on to BMT collection
Combination of RSI and ATR .
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
This is a simple indicator which shows the various pivot levels: Pivot Point, S1, S2, S3, R1, R2, R3. It works only on a 24hour chart. You must choose your session open and session close. At present it will not work for overnight sessions. I will probably make a new one for overnight sessions as I am interested in this myself, but for now it won't work with overnight sessions.
There are pivot indicators available on the Ninja forum but the ones I found there were either overly complicated or they didn't keep the lines on the historical charts, only on the present day.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
This is a slightly improved ADX indicator which colors the indicator different colors for above & below a threshold. This makes it easy to see if the ADX is above a threshold. I use it to stop trading when price isn't trending.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
SuperTrend uses ATR (average true range) to identify when the trend has changed direction. You can combine this with multiple moving average types to smooth the averages, and you are left with a super effective indicator that can be used to:
- Used to paint bars
- Used to show stop/reverse lines
This indicator is a real-time indicator and does not plot against historical data. A histogram splitting volume between trades at higher or equal to the high of the last bar or lower or equal to the low of the last bar is plotted.
It is currently executed using Chart Trader under the Advanced Trade Management system on Ninja Trader. The goal is to write a strategy using these indicators and back test it. The one think I do not know how to do is how to pass the 2 variables generated by this indicator to a strategy.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
This indicator plots the maximum high or minimum low of a forming Range Bar. The plots disappear as soon as a new bar forms or the current bar has filled its required range.
Nov 5th: have fixed coding problem so that it will no longer function when you change to other chart formats. Right now is good for Range Bar and RangeAlt. If someone tells me the coding for the RangeNoGap I can add that in.
This is my version of two of the volume patterns from the Better Volume indicator from eminiwatch.com. I only use HVC & LV bars in my trading and these were easy to port. The other volume bars (Climax bars) require upticks & downticks which are available historically with Tradestation but not with Ninjatrader.
HVC bars often mark turning points and are usually the result of professional activity.
LV bars are usually amateur activity and the move may not continue.
I have tested this indicator against the better volume indicator on Tradestation and there is zero difference. If you want the Climax bars I encourage you to purchase the Better Volume for Ninjatrader from eminiwatch.
I also plan to add more volume patterns to this indicator such as "No Demand", "Stopping Volume", etc. If anyone would like to contribute please let me know, I have lots of ideas but little time so I could use the help.
For more information on using this indicator and the volume patterns, please see the thread:
10/19 - Fixed a date/time formatting issue with non-"en-US" cultures.
10/29 - A got a lot of requests to provide a background and border so that the candles and other indicators didn't overlay the text. If you would like this version it can be found here: https://www.johnthom.com/2009/10/economic-news-indicator.html
Same SMI2 but this one won't repaint if you use a plot other than Line. If you use line, it will repaint 1 bar back to connect plots (like normal). But if you use something else, like a dot, it won't repaint.
Mike
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
Requested by VIP user. This ADXVMA adds the ability to not re-paint 1 bar back if the plot style is not a line. So if you use Lines, they will repaint to connect the plots (like normal). But if you use something else, like Dots, they will not repaint.
Mike
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
Most indicators out there run on bars. Let’s take a 3-period moving average. You compute it on the Close, the previous Close, and the Close before that. Well, what if you used 3 other values in your average, instead of the last three prices? Like, what if you used the current value of the 2-EMA, 5-EMA, and 8-EMA and computed the average of those instead?
Ehlers uses the 4-RSI as an example application of the Laguerre treatment. Instead of the last 4 Closes, he uses 4 Laguerre values. Using only four values makes the indicator turn quickly, but you can adjust the overall speed of the output via the gamma input to the transform. Pretty neat!
In July, I looked around briefly to see what other Laguerre indicators were out there. Surprisingly, I couldn’t find any. I thought that was strange, because all you have to do is plug in the Laguerre values you need and see what happens. I coded up a few, and found the the Ergodic Candle Oscillator looked pretty good Laguerre-ized.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
This is a collection of various filters by John Ehlers outlined in his excellent books "Rocket Science for Traders" and "Cybernet Analysis for Stocks and Futures"
This is a package of two of the three indicators that are part of the RMO system. In this package are included the RMO Oscillator and the RMO SwingTrader indicators. HOLIDAY SPECIAL: Adding RMO System Indicator that colors bars and marks system entries and exits. Arrows suggest entries. Diamonds suggest exits. Use at your own risk. Real money not recommended. Enjoy.
ChangeLog
v3.0.1 - Added divide-by-zero fix provided by Max-td and roonius to fix display problem with shorter intervals.
v3.0.0 - I believe all issues are fixed and am also adding Holiday bonus Indicator that marks entries and exits for the system.
v2.0.1 - Fixed bug where charts would not update from real time data for intervals less than 10min on some Instruments (YM).
Exported with 6.5.1000.12
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
These are the Corona Indicators originally created by John Ehlers.
They are meant to identify cycles in the market and help you determine whether or not the market is currently suitable for trading cycles. They develop the corona at times when the signal is weak or unstable.
For those who are interested, all of them are based on cycle extraction using a DFT variant.
In general, Fourier analysis is not suitable for use on financial timeseries since it is based on the assumption of Stationarity. In the DSP world that restriction is commonly relaxed to include WSS signals (wide sense stationary). Ehlers seeks to approximate a WSS signal by detrending the data with a high pass filter before the DFT step, whether or not that is a suitable approximation is questionable as it ultimately depends on the specific data being processed.
What is certain is that they look very cool, so try them for yourself and see if you find them useful
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
The ECO2New2 is a Momentum Oscillator that is not affected by opening gaps. See William Blau's Momentum/Direction/Divergence book.
Trading Ergodics with the Trend - Rules:
1. Enter or hold position only when slope of ECO2New2 Signal line has the same direction as the trend
2. Stand aside when slope of ECO2New2 Signal Line is in the opposite direction of trend
3. Enter or exit position when ECO2New2 and its Signal Line cross
4. Take note when the ECO2New2 is 'inside' it's signal line. This indicates failing momentum. This is what the magenta dot signifies.
June 28th, 2020 08:53 PM naphtalicapital Thanks for posting. You did a great job. Unfortunately when i tries importing into NT8 it said the file is for an older
version. Do you have NT8 version?
May 25th, 2020 12:46 PM OutATime This is great, thanks for your efforts!
January 1st, 2018 05:47 AM Trini Thanks.
July 13th, 2017 01:51 PM delta9100
November 21st, 2016 11:23 AM tapit69 Super with other MA's Thanks
August 4th, 2015 01:30 PM essiar Good indicator but a bit buggy. Does not always sound the diamond alerts and I'm not sure why. Other than that, extremel
y useful.
August 3rd, 2015 01:18 PM zionj TNX, GREAT Indicator
July 5th, 2012 12:28 AM mmtrader4 This indicator is about as good as it gets. ADXVMA Alerts used along with anaSuperTrendU11 is as close to the grail as t
here is. So as to not clutter my chart, I use ADXVMA in a separate panel. It keeps me out of chop and warns of coming t
rend. If you'd like a screenshot or two let me know. (and I'll promise to pick a bad day to show how well it works even
on tough days)
a BIG THANKS!!
July 5th, 2012 12:26 AM mmtrader4 This indicator is about as good as it gets. ADXVMA Alerts used along with anaSuperTrendU11 is as close to the grail as t
here is. So as to not clutter my chart, I use ADXVMA in a separate panel. It keeps me out of chop and warns of coming t
rend. If you'd like a screenshot or two let me know. (and I'll promise to pick a bad day to show how well it works even
on tough days)
a BIG THANKS!!
May 26th, 2012 06:42 PM Fame787 Thanks for sharing. It's a good guide in day trading.
September 20th, 2010 04:52 AM Jason11 Why does this plot an extra tail on the indicator line when it changes direction (color)in NT7 ? It is not a clean line
April 5th, 2011 07:08 AM TimC UGH! Beware! I installed this indicator in NT7 and have yet to get my NT back to normal. Indicator screen takes FOREVER
to load, if at all. Many restarts. I've deleted all files for this indicator from NT but it seems the damage is done. Ma
y have to remove NT7 and start fresh.
March 20th, 2011 12:25 AM Aragorn I used it on Ninja 6.5 but when I switched to 7.0 I found that it tool an enormous amount of time to load a chart- sever
al minutes. I never suspected a ninjascript so I did everything- uninstalled and reinstalled Ninja; downloaded data from
Mirus; used very small charts to load; I even went so far as to question my Windows update so I restarted my computer f
rom a previous start point wiping out all new updates. Nothing helped. Slow Slow Slow. I contacted Ninja Support and I w
ent step by step reinstalling the application. As it turns out it was this ninjascript and I didn't even have it on any
of my charts or the chart I was loading. It was just in the list of indicators. I liked it when I had it on 6.5 but don'
t think I can use it on 7.0.
February 22nd, 2011 04:15 AM tmwff This indicator crashed my Ninja 7 system yesterday. I was told to delete it from the Ninja Support Team. They told me th
at yesterday a lot of useres had problems with this indicator. Be careful!!!
February 9th, 2011 02:58 AM leff Excellent
February 4th, 2011 03:36 AM gat3keeper Very Nice. Thank you!
June 30th, 2011 01:44 AM Southsea Thanks for the great indicator! I am having a problem, though. I can't get the price markers to work. I set price mar
kers on "true" and they do not appear. Thoughts? I would be REALLY helpful to have price markers. Thanks again for t
he fabulous indicator! SS
May 3rd, 2011 09:33 AM AttitudeTrader Thanks! Perfect for what I needed.
-AT
September 9th, 2010 02:38 PM theucreport
June 23rd, 2010 05:24 PM ValLiant exactly what i am looking for thanks for posting!
May 5th, 2010 07:03 AM mata Thanks for the helpful tool and it works with NT7
March 19th, 2014 06:33 PM bobc635 Thanks....Looks interesting
September 3rd, 2013 01:52 PM sdp0024 You can use www.Sharkindicator.com to easily create and backtest very quickly your strategies. It's pretty cheap to for
what it does. Think it's like $500 for the ultimate version. Well worth it in gold.
http://www.sharkindicators.com/products/bloodhound-utlimate/ I believe they are running a Labor Day special for $100 of
f through 9/4/2013
January 6th, 2011 11:54 PM masaleem1 Hi my name is saleem and I am a novice trader was taking a look at your volume plot
it looks very interesting so I just wonted to know why you came up with the this plot and
how the underling logic of the plot works. Well I am sure you are very busy and don't feel
you have to rush to reply back
well great work
April 15th, 2010 08:44 AM greathopes Very interesting looking. Can't wait to see it in realtime.
April 12th, 2018 02:17 AM traderhas My goodness!This is the ultimate filter for chop.Tried it on 1 min Dow futures.Thanks and God bless.CANNOT trade without
it.
August 13th, 2011 07:37 PM philtrader thanks for sharing. defining trend strengh is key with money management.
May 25th, 2011 10:49 PM piptek Thanks for sharing and your hard work. Big heart.
March 23rd, 2011 02:21 PM tradermav Thanks for sharing.
October 4th, 2010 02:23 AM tradermav Thanks for sharing appreciate the work put into this indicator.
February 24th, 2014 02:46 PM billymac48 Zones are colored grey on my chart.
you must make your chart background
something OTHER than grey to show up.
Cannot find an option to choose colors for zones.
April 15th, 2010 09:53 PM stockdisk Thanks was looking for this indicator.for those who don't see any thing on charts there are entries for zones like 1a &
1b enter starting pt say 1210 at 1a and ending of zone say 1212 at 1b.
January 29th, 2010 01:02 PM zacharydw00 I created & posted a selectable colored ind. called ConfluenceZones on NT's download forum. Written using NT 6.5, will p
robably work in NT 7.
January 12th, 2010 02:58 PM whoisthere48 This ColoredZones does not show up on any of my charts. I would like to use it if I could make it show up like in the e
xample.
January 11th, 2010 02:49 AM lolu This indy doesn't plot on my 5m chart. Can you provide/post a template ?
July 8th, 2017 01:22 PM Maxie A great indicator (still), I use it with 123-RossHook
May 4th, 2016 04:39 AM romus
May 11th, 2013 02:58 PM dnkhoward2 This thing is pretty amazing on practically all timeframes. Thanks
March 13th, 2013 01:33 PM nicosxm Could be interesting, but not sure of the exactitude for NT7 as I keep having to install and uninstall to re-install....
....possibly needs updating
March 17th, 2012 03:27 PM solondon very nice, applies to bigger time frames too as it uses fractal/swing high lows
April 25th, 2016 06:20 PM 75martin Thank you for your work.
April 4th, 2015 01:22 PM ShaunG Looking for a Volume indicator which uses "Ticks" to measure volume. I am exited to give this indicator a try!
November 14th, 2011 11:36 AM peakskill Can you provide more information on how to read this indicator?
May 6th, 2018 02:03 PM aehartle yeah i keep getting a cs file on download as well. i have tried to re-save as a zip, says it has imported correctly but
still nothing. Any help?
August 19th, 2017 09:00 PM mhamrin Not downloading into a zip but a .cs format. Is this file still functioning? Thanks!