This version functionally replaces the previous version(s) described and available here but does not replace it when this version is installed. The previous version can be removed manually when and if desired.
Enhancements/Changes in Version 2
1. User can select from several MA types for the Moving Average plots, some of which are from Lizard Indicators made available by the GNU license. Credits to Lizard Indicators for both their indicators and the MA selection code.
2. When MA smoothing is selected the type can be an SMA, EMA, or the selected MA type. The smoothing period for each MA (fast, mid, and slow) can be set individually. A MA period of 0 eliminates the smoothing for that MA. Note: The Mid MA can be used as an intermediate period by specifying a value between the fast and slow periods. When the mid MA is requested with zero value for the period (default) will result in the mid period being calculated. If a period is specified and it is not between the fast and the slow the midpoint is calculated and used. No warning message is displayed.
3. The ability to apply volume filters (1-4) against the Net volume thereby limiting the Net volume histogram display a net bar only for the volume specified in the filter(s).
4. More control over how plots are displayed.
5. The divergence marker has been moved from the Total histogram to the Net histogram. This was done because the Total histogram can be turned off. The Net and/or Net filters must be active for the divergence marker to be displayed. If the Filter option is chosen without the Net plots being display the marker will only be display when there is a divergence on a filter value.|
6. The plot for the in-progress bar has its own color and can be user set. This plot is always displayed regardless of the display option selected.
7. This is not a change but a clarification as it also existed in the previous version. The position of the total line (above the line if a buy total and below the line if a sell total) is not based upon the last Close price but on the value (positive or negative) of the Net volume.
Similar to the previous version at times setting the Indicators region Type property to Logarithm is easier to read. The 2 instances of the indicator in the screen shot have the same operation modes set but the bottom one shows some of the ability to control what is displayed. without needing to independently setting each to transparent. If a particular display is turned off the values are still calculated and can be viewed in the Data Box.
Change Log
Date Description
April 12, 2019........Initial release
As the name implies, this NT-8 indicator looks for Inside Bars and then simply paints an all white bar on your candle stick or OHLC bar chart, (it works on Hollow Candlestick charts also).
If the bar is an Inside Bar and is also a Doji (Open[0] == Close[0]) the indicator will paint a diamond on the close of the bar to highlight the Doji for you.
You might have to change the default color choices if you're using lighter colored chart backgrounds.
Indicator will color the candlestick outlines and the candle bodies, one color regardless of the direction they close in (up or down). The indicator is set to calculate on bar close. (no need for it to be anything else)
This indicator allows chart updates on each tick or price change with a user defined refresh time interval.
Settings:
Refresh Time Interval in Milliseconds = Number of milliseconds between chart refreshes.
Under "Set up > Calculate" choose between updates on each tick or each price price change.
Example values for Refresh Time Interval in Milliseconds:
0 = update on every tick or price change.
1 = maximum of 1000 updates per second.
10 = maximum of 100 updates per second.
20 = maximum of 50 updates per second.
100 = maximum of 10 updates per second.
The sane default is 10 milliseconds. But you can set it to 0 without issues.
See a demos here:
Releases:
Version 1 March 25 2019: Initial release
Version 2 March 26 2019: Removed the TimerEventProcessor for better performance.
Version 3 March 28 2019: Optimized to prevent lag in fast markets if computer cannot keep up.
Version 4 April 4 2019: Improvements to latency and frame rate.
March 25th, 2019
Size: 1.74 KB
Downloaded: 525 times
2051
dhonn
Updated previous version to correctly paint on top of other Paint Bar type indicators. March 26, 2019
Download link includes irReversalBarsV3
(for some reason the download link still refers to the previous "V2" version's name??)
This NT-8 indicator simply paints a Bullish Reversal bar or a Bearish Reversal bar on your candle stick or OHLC bar chart, it works on Hollow Candlestick charts also.
You might have to change the default color choices if you're using lighter colored chart backgrounds.
Indicator will color the candle bodies solid regardless of the direction they close in (up or down).
The indicator is set to calculate on bar close. (no need for it to be anything else)
February 13th, 2024 07:10 AM Leafcutter Great! This NT timelag annoyed me ever since...too bad that I didnīt take a look at this indicator earlier even if I hav
e ssen it here for several times
March 15th, 2023 11:49 AM kv712 Thank you for so humbly sharing your great work...
January 5th, 2023 01:58 PM Yojimbo123 Thank you for looking in to this lagsss problem with NT8
November 12th, 2022 04:41 PM OpalDragon EPIC
SHOULD BE STANDARD IN FOR EVERYONE IN NT
July 4th, 2022 03:35 PM forrestang Absolutely TREMENDOUS my man!!! Found this recently, and I wasn't even aware of the NT limitations, primarily b/c I neve
r really looked into the really quick price movements to trade.