Notice: This indicator has been deprecated and will no longer supported as it has been replaced by Version 2 posted here
Updated Version 1.21 March 12, 2019
Exported with NT Version 8.0.17.2
Version 1.21 Corrections are described in Change Log
Previous Version 1.1 March 5, 2019
Exported with NT Version 8.0.17.1 (note this has been changed)
Notice(posted on 2/10/2019 at 1:45 PM MST)
It appears that something has changed in the latest NT update (8.0.17.1) that effected this indicator. The version here has been recompiled and re-exported using the latest release. No code changes were made. The version date (2/10/2019) and number (1.01) in the indicator parameters section reflect this change. If you have updated to the latest NT version and are having a problem or getting error messages either recompile the indicator or download and install the latest version.
I apologize for any confusion.
Summary
This indicator is an enhanced version of the NT8 BuySellVolume indicator. The enhancements are as follows:
1. Buys and Sells are show above and below the zero line,
2. The Net Volume (Buys-Sells) is plotted accordingly,
3. Total volume is displayed using a separate color and is shown accordingly,
4. A divergence marker (Bar close is opposite the Net Volume) can be indicated (not enabled by default),
5. Tick Replay (TR) is supported and defaults to display a different color for the TR Net Volume bars,
6. The width of the Buy/Sell, total, and Net histogram bars can be set individually, and
7. Option to reverse the Histogram Buy/Sell and Net widths so that the Net bar displays on the inside of the Buys/Sell bar.
Notes:
At times the Net volume is so small it can not be seen with the indicator region parameter set in Linear Mode. This can be rectified by setting it to Log mode as shown in the screenshot.
When changing the histogram bar sizes use odd numbers as the bars are painted from the midpoints.
For a divergence to be detected in addition to the Net number and bar direction being opposite it must pass a percentage check. If too many (too few) divergences are detected the percentage can be changed to reduce (increase) the number detected.
When using the Tick Replay with a large number of historical days (Days to Load) there may be a delay in the time it takes to initialize.
The indicator is installed in a folder named “Cheech”.
Version 1.1 Enhancements
Fast and Slow EMA of Net Buy and Sells with optional midrange which when set the period is the midpoint of the Fast/Slow period settings.
User defined volume offset from Zero line will create a Zero Zone with optional region painting.
Reorganized Indicator Parameters.
Version 1.1 Notes:
If EMAs are too close together set the indicator panel properties Type Parameter to Logarithmic
NT will display the upper and lower boundary lines (the zero zone) under the following conditions; 1. tick replay is enabled, 2. real time data is available (data feed is connected and market is opened), or, 3. the Zero Zone region painting is enabled. When any of the aforementioned are satisfied the lines will appear.
Version 1.21 Notes:
1. The labels of the MA plots were mis-labled as SMAs when they are actually EMAs.
Please PM me with either problems or questions instead of using the comments/rating section.
Change Log
Date_______Description
2/2/2019..........Initial release
2/10/2019........Recompiled and exported using NT 8.0.17.1
3/05/2019........Additional Enhancements described above
3/12/2019........Correct minor error in MA calculations, some code optimization, and Typos in Labels
4/13/2019........Deprecated, replaced by version 2
January 28th, 2019
Size: 20.11 KB
Downloaded: 783 times
2040
deachne
Version 1.0 January 14, 2019
The Hourly Pivots indicator applies the calculation used for daily floor pivots to intraday time frames. The indicator displays pivots for any selectable period of N minutes. All pivots are calculated from the high, low and close of the prior N-minute period. The pivots can be displayed as floor pivots, wide pivots or Fibonacci pivots. The indicator further plots the pivot range, which is a value area derived from the prior N-minute period.
The default setting of the indicator is 60 minutes. With default settings the indicator will display hourly pivots including the Main Pivot PP, Central Pivot CP, Directional Pivot DP, Pivot Range, R1, R2, R3, R4 S1, S2, S3 and S4. The first period always starts with the daily session break. Depending on the period selected, the last period of the session may terminate before completion. It will not carry over to the first period of the next session.
Pivot range: The pivot range is the range between CP and DP. It is a symmetrical range around the main pivot PP.
Prior high, low and close: The indicator also displays the high, low and close for the prior N-minute period. These levels often act as support or resistance for the consecutive N-minute period.
Pivot formulas:
All options: H = prior day high, L = prior day low, C = prior day close, X = H - L
Main Pivot: P = (H+L+C)/3
Central Pivot: CP = (H+L)/2
Directional Pivot: DP = 2*P - CP
Floor Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R1 + X, S3 = S1 - X, R4 = R3 + (P-L), S4 = S3 - (H-P)
Wide Pivots: P = (H+L+C)/3, R1 = 2*P - L, S1 = 2*P - H, R2 = P + X, S2 = P - X, R3 = R2 + X, S3 = S2 - X, R4 = R3 + X, S4 = S3 - X
Fibonacci Pivots: R1 = P + 0.382*X, S1 = P - 0.382*X, R2 = P + 0.618*X, S2 = P - 0.618*X, R3 = P + X, S3 = P - X, R4 = P + 1.382*X, S4 = P - 1.382*X
This script installs as an indicator and allows users to drag their charts in any direction with a mouse. It is a feature of eSignal charting which I used for many years and simply could not live without when I moved to NinjaTrader. It is basically a rewrite of the NT7 version with the same name on this site and has been around for some time.
In truth NT8 provides this functionality already ( by holding down the Ctrl key ) but this indicator makes it that much easier by enabling it all the time.
I don't have much screen time last few years and I don't check in here that often but I will try and monitor for awhile to see that it works as expected. Leave comments in the original thread provided below.
Some Notes:
- If a chart has the Price Scale located on the Left side instead of the Right side of the chart as is normal, then you must configure ScrollsRite Scale Justification to the Left side also.
- To disable it temporarily simply uncheck the "Visible" checkbox in the ScrollsRite properties screen.
- If the Market suddenly shoots off the screen then hit the "F" icon at the top of the Price Scale to bring it back quickly.
January 21st, 2019
Size: 2.36 KB
Downloaded: 585 times
2037
TikDaddy
Hello Traders. This indicator looks for a congestion of candles and then a break out. Once the breakout is confirmed, it paints the box up or down and indicates the POC of that congestion box. The indicator is working in real time, but does not paint the box until the breakout is confirmed (2bars). You can change the Box Color if you want to see all of the boxes forming. I find that distracting.
I downloaded the CongestionBox4RNT8 a few months ago and I like the indicator, but there were a few annoying problems. This version fixes the problems that I found in my use.
Fixes:
1. The colors did not stick from startup to startup in the original version...
2. The original consumed a lot of resources, so I set a timer so that it only calculated the boxes during times that matter to the user. This cuts down on the calculations and memory use. You can set the start/stop time to what you want.
R1: Trader Contrax was having problems with autoscaling in his setup. He found what needed to be changed (Thx). Most people will not notice a difference so I edited the indie, left the name the same and just updated the file.
Several traders are having 'freezing' problems. This indie is a resource hog. You want to run as little history as possible with Congestion Box. One trick that I use is to have a transparent chart on the same panel as my main chart. Let's say you have a 5min chart. Add a second 5min chart to the same panel, transparent candles, wicks, etc, with 1 day history. The Congestion Box uses the 1 day chart as its input. You can have several instances of charts on the same panel.. A great NT attribute.
R2: Member jabeztrading, the original developer of the indicator, fixed the issue with the button recurring. This fix also fixed the resource problem. Excellent work!!!
Please let me know if you find any other issues.
Thanks
Bob
Here is the original description...Converted from the NT7 version. Originally design for range bars to box in those congestion areas produced by up and down bars that resulted from the market not going anywhere (it's not perfect).
But some folks had success using the indicator on minute charts.
The box is delayed and the red and green colors are even more delay but this was not meant to be a real time indicator.
December 31st, 2018
Size: 9.18 KB
Downloaded: 1458 times
2035
bobc635
Guys I paid for this indicator to be developed.
It’s basically a hidden automatic “stop order”
I call it my failsafe loss limiter, as when trading using NT8 I have a bad habit of removing the visible stops on the chart at times to give a trade room to breathe and then every so often I end up getting run over by a sharp move and I wanted to prevent that from happening. Stop the bad habit so to speak. So i had this indicator developed which could run in the background.
Basically you attach it to your chart like any other indicator, set your amount of ticks stop loss in the settings and away you go. Then whenever you place a trade via NT8 chart trader and forget to use a stop, when your set level/amount of ticks against you is hit, you will be stopped out automatically.
Now, forewarning:
When I used the indicator it worked well but then there were a couple of issues:
1. At times, when say I had it set to 16 ticks stop loss and I wanted to change my mind and I changed the set level to say 12 ticks in the sttings, even though I changed it in the indicator settings, the original set level was filled, not the new level.
And,
2. When I remove the indicator from the chart, the auto stop would still function and I’d get filled even though I had removed It from the chart. It only removes from the chart when I removed the actual indicator from the ninjascriptor editor indicators list.
Both of the above shouldn’t happen.
I asked my programmer to look at this, but he couldn’t find anything wrong in the programming. So if any of you programmers on here would like to use the indicator and maybe give it a test and fix the above issues if you have them I think it would be helpful indicator for NT8 users.
I really liked using this indicator as it forces my own limits upon me and saves me from my own bad habits of moving / removing stops.
Although sometimes you do have to change the stop size due to changing market conditions/volatility.
Guys I paid for this indicator to be developed.
It’s basically a hidden automatic “stop order”
I call it my failsafe loss limiter, as when trading using NT8 I have a bad habit of removing the visible stops on the chart at times to give a trade room to breathe and then every so often I end up getting run over by a sharp move and I wanted to prevent that from happening. Stop the bad habit so to speak. So i had this indicator developed which could run in the background.
Basically you attach it to your chart like any other indicator, set your amount of ticks stop loss in the settings and away you go. Then whenever you place a trade via NT8 chart trader and forget to use a stop, when your set level/amount of ticks against you is hit, you will be stopped out automatically.
Now, forewarning:
When I used the indicator it worked well but then there were a couple of issues:
1. At times, when say I had it set to 16 ticks stop loss and I wanted to change my mind and I changed the set level to say 12 ticks in the sttings, even though I changed it in the indicator settings, the original set level was filled, not the new level.
And,
2. When I remove the indicator from the chart, the auto stop would still function and I’d get filled even though I had removed It from the chart. It only removes from the chart when I removed the actual indicator from the ninjascriptor editor indicators list.
Both of the above shouldn’t happen.
I asked my programmer to look at this, but he couldn’t find anything wrong in the programming. So feel free to use it and if any of you programmers on here could maybe give it a test and fix the above issues if you have them I think it would be helpful indicator for NT8 users.
I really liked using this indicator as it forces my own limits upon me and saves me from my own bad habits of moving / removing stops.
Although sometimes you do have to change the stop size due to changing market conditions/volatility.
This is just a quick fix to mkHarmonics to fix an XML save issue preventing the indicator from staying on a chart after exiting (but saving). It also was causing an error if you tried to save the settings presets.
I simply added [XmlIgnore()] and commented out [NinjaScriptProperty] for all the brush and font properties.
The original copyright is @mk77ch for the NT7 version. The NT8 conversion from: @psytopy.
So there was this indicator on ThinkorSwim I liked and I knew it was moving averages but it took me awhile to figure out. ( I'm not a programmer) Here is the xml so you can have it also. The reason I like it is because the two sets will gap apart when trending. For me, it gives me a clear picture. You must have EMASlopeColor for it to work found here.
Download file: Then place the file in File>Documents>Ninjatrader 8>Templates>Chart
This is Version 1.2
Because the first had the data series set to "Default 24 x 5". This causes tick chart candles to be
wrong. Special Thanks to @MiniP for pointing this out, and @bobwest for fixing it.
If you downloaded the first Skid Trender chart, change your settings in Data Series to "Use Instrument Settings"
this fixes the problem. Added Priceline to this .XML version.
December 27th, 2024 11:52 AM TraderJim33774 Hi Skid, Your indicator looks very interesting and based on all the positive comments others like it too.
I tried to down load into NT8 using its most current version and was not able to do so I got an error saying it was not
compatible
any chance you could take a look at this and if there is an error correct it? Thanks Jim
April 11th, 2019 11:26 AM Maxie Hello skid,
what is the name of the indicator at TOS?
April 11th, 2019 04:07 AM Maxie especially for the big overview a great indicator
thank you
December 14th, 2018 06:19 PM topdogtony Hi I know you put alot of work into this but i am not getting the same chart as the one in the picture i followed all th
e steps it just shows horizontal and vertical boxes on the screen with yellow doted price line, please advise.
November 28th, 2018 09:36 PM lager2 Nice! Name matches the action. Thx
April 10th, 2019 07:55 AM Brian Davies This is great! Best loaded onto one chart only as it functions on the chart trader. I would also like similar in
dicator, which limits daily max loss by account. Any suggestions anyone?
February 12th, 2022 11:35 AM zoomie Very nice...Thank you
June 28th, 2020 09:17 PM naphtalicapital Bob,
Thanks for the congestion indicator. Really a great job. My concern is that each time the green or red bx appears the pr
ice is already moved 4 or 5 points. So it really lagging price. So if you have a 5 choppy ziz zag move, you are out of m
oney 20ticks in each move. Is there a way to adjust the parameters to have the boxes appear sooner? If this can be done,
that will be a home run.
thanks
May 23rd, 2020 04:40 AM ZivG This is totally awesome. How can we use it in NinjaScript or a strategy? What's the signal that tells us when the box is
done forming?
THANK YOU --
Ziv.
November 1st, 2019 09:01 AM justtrader Very useful
September 27th, 2019 05:17 PM Bullywig Is there a way to assign a value to the boxes? For example, 1 for a green box broken to the up side, and -1 for a broke
n red box to the downside so it can be called in a strategy?