BabyBlue Line
An independently created Indie based on the midnight market price of your desired instrument.
Midnight in the City of London (Blue) / Midnight in the City of New York (Red) / MiDline Pivot (Yellow)
Yes, the forecast indicated in the upper right corner of your chart is a part of the "heads up" strategy based on the relationship of the aforementioned prices!
It has proven to be a very profitable intraday trading indicator. Time charts only (5min-10min-15min-30min-60min)
You can adjust the MidLevel time to either start with the Blue or the Red line.
Remember, the Mid Level becomes the next day's pivot level!!
This indie keeps evolving so do check the thread for an update!
Test and reTest the BBlueLine, otherwise this indicator is not for you.
SHORT webinar-gabinar re: the BBlue [COLOR=#0066cc]http://www.htech.net/blue/[/COLOR]
P.S.
The amount of the "Blue Line" days is adjustable, 1-5.
"Start Time" is the NYSE Open (630 PST / 930 EST)
April 5th, 2012
Size: 4.26 KB
Downloaded: 765 times
1170
Gabriyele
Exported using NT Version 7.0.1000.9
Bar Time Indicator:
This indicator measures completion of a bar in seconds and colors a historhram based on how long it takes for the bar to complete. Red <= 10s, Cyan<=20, Blue<=30s, Orange=45s, Magenta<=60, and Black >60s. These numbers can be changed to one's liking.
Short time-bars mean a fluid market participation and movement, while tall or black bars mean a grinding and stagnating market, it is like watching grass grow (in relative terms) and time for a coffee or lunch break.
The indicator will work for any type of price bars except for real time bars (minute, hour, Day, etc.). But, it is best for short term and day trading with tick, volume, etc. bars. The indicator also draws a 60-Second horizontal line and a 9-period SMA of the time. High reading of the SMA gives a visual if the market is getting lazy. Best and less stressful is to trade when bars are short and colorful.
This indicator is intended for True Elite BMT Members, please use but do not steal to sell.
Folks were complaining about version 7 not working... Put my working copy on the board as well as add ability to pull back the 13 price support values.
A) Session Countdown Clock - This will create a countdown clock on the toolbar for each main trading centre around the world - Sydney, Tokyo, London & NYC.
If the clock is coloured red then the session is currently closed and the clock will countdown to session open. When session opens, the clock becomes coloured in green and the clock will countdown to session close. The opening and closing times for all the session are user-editable via the Indicator properties window. The open and close times are local to each city. I use the following
Sydney 8am-4pm
Tokyo 9am-6pm
London 8am-5pm
NYC 8am-5pm
Feel free to change them via the indicator properties.
Note*: Since I have been asked this question a few times. The indicator will automagically adjust to whichever timezone you are in. So out of the box the indicator has New York set to 8am open. If you want to change it to 9am open simply set the "New York Open Hour" to 9 in the indicator properties. You don't have to do the mental gymnastics to figure out what 9am NY is in your local timezone.
B) Session Range - If you click on any of the city names in the session clock (ie Sydney) then it will draw a box on the chart around the session range for that city. The box will show session high/low and open/close bar. Click on the city name again to remove the range box.
In the screenshot I have have Sydney, Tokyo and New York session ranges showing. The colour for each session range can be user-defined via the Indicator properties.
Note*: The session range functionality will only work in time-based charts. It doesn't work in other chart types (ie range, renko, pnf etc) at the present. Coming in version 3
Any questions please PM me, don't post How-to or Troubleshooting questions in the comments.
March 12th, 2012
Size: 5.76 KB
Downloaded: 1473 times
1151
Traderji
Risk Reward and Position Sizing Indicator
Calculates Risk/Reward and Position Sizing for trade planning using horizontal lines drawn at potential trade Entry, Stop and Target. The indicator will automatically update the risk/reward and position sizing on the fly when you select and drag the Entry, Stop, and Target lines.
Position size and risk/reward are calculated from user input parameters for Trading Account Size, Percent Account Risk per trade, Fixed Dollar Amount per trade, or Fixed Share Sizing.
Press CTRL-ALT to lock the lines to their current prices, now moving one line will move all the other lines together by the same amount, keeping the same ratio between all the lines.
Press CRL-ALT again to unlock the lines.
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.
Added an EMA to the Standard SuperTrend Simple (ST) in order to allow the ST to be used in conjunction with other indicators in an auto-strategy. The EMA needs to be set at '1'. When prices are rising the EMA will equal the value of the Down Trend Line (Red on top) and allow for a trigger of a strategy using other indicators in conjunction with the ST. Ergo when prices are falling the EMA will = the value of the Up Trend Line (Green on bottom). This indicator will also work as a stand alone exactly as original ST does in a strategy.
The first time that I saw KDJ Indicator it was part of the standard charting package on the main page used by TDAmeritrade. KDJ indicator is based on the standard Stochastics but it includes an extra line called J line.
The J line is a measure of divergence between %D and %K. The value of J can go beyond [0, 100] range. Values of J line over 100 or under 0 are supposedly the most bullish or bearish for larger swings (no wonder TDAmeritrade is using it for charting stock prices).
One needs to watch as the %D is in overbought and oversold areas (20 - 80). As long as the J line is beyond 0 and 100 percent and has not hooked up or down the price is going to remain in overbought or oversold area. One needs to consider to sell the overbought or buy the oversold when %D is above 80 or below 20 and J line begins to hook down or up. Other indicators such as momentum, volume, support and resistence, etc. need to be considered for confirmation.
September 12th, 2014 08:11 AM ShaunG Very much appreciated!
April 25th, 2014 02:33 PM panamajack Thank You - Excellent addition to NT trading.
April 12th, 2013 04:11 AM Amsterdam Whale seriosly dewd...very useful, very nice design languuage, seems to run smoother than any other related types but makes th
October 22nd, 2017 09:20 PM djcassidy I like being able to center with just one click. any chance of having one for NT8??
March 8th, 2017 05:26 PM allsensi quite useful, many thanks
January 30th, 2013 12:14 PM Chuck T Extremely useful little gem. Thank you for your generosity! Sure makes keeping track of things easy while in a trade.
January 24th, 2013 10:20 AM Mindset Great - useful to use wasted screen real estate!
January 24th, 2013 10:20 AM Mindset Great - useful to use wasted screen real estate!