May 31st, 2018
Size: 3.94 KB
Downloaded: 523 times
1968
shuglu
Version 1.3 September 25, 2017
The Z-score or standard score is a numerical measurement of a value’s relationship to the arithemic mean of the data set. The Z-score is the signed number of standard deviations by which the current value of a data point is above the mean value or below the mean value as calculated for the selected lookback period.
For a normally distributed sample 95.8% of the z-scores of all data points fall within the range [-2, +2]. A Z-score of 0 indicates that the data point is identical with the arithmetic mean of the data set.
The Z-score is a normalized oscillator that can be used to identify extreme readings of the input series. The Z-score is calculated by dividing the absolute difference between a data point and the arithmetic mean by the standard deviation.
One of the main applications of the Z-score is that it can be used to normalize any oscillator. For example, the MACD is a non-normalized oscillator which does not pass the c-test introduced by William Eckhardt. However, when the Z-score is used to normalize the MACD, the resulting oscillator uses a normalized scale and will pass the c-test. The normalized MACD is obtained, when the MACD is used as the input series for the Z-score.
History:
v1 20100807 - @Aslan created to go with BetterRenko
v2 20100812- @Aslan changed to paint OHLC bar for live bar
v2 20150719 - @Dalebru converted to NT8. Exported with NinjaTrader 8.0.0.5
v2 20170102 = @shanmugs added missing "Open" line
v2 20180306 - @DaleBru changed ChartStyleType enum value that conflicted with recent NT8 update
v2 20180409 - @DaleBru exported with NinjaTrader 8.0.12.0
BVA Version 2 (Bar Volume Accumulation), is for spotting Divergences in Volume and Price Action.
Example:
Higher High with less BVA, upward trend is loosing momentum.
Lower Low with less BVA, downward trend is loosing momentum.
Version 2 has current and historical values included for use in back testing and strategies. The rest of the code is the same as Version 1 that's posted in the Elite Download Section.
Note:
The plot values for testing have been set to transparent. If you want to see them on your chart, you must select a color for each plot.
Takes a screenshot of the chart and sends to email in PNG format. From NinjaScript Editor set up the private email parameters then right click and compile.
February 1st, 2018
Size: 2.03 KB
Downloaded: 253 times
1957
bcomas
Exported with 8.0.12.0 64-bit
Minor Update -- Remove Print statement as noted by bobc635, thanks 2/2/2018
This is the NT8 version of NT7 MultiREMA which is described in full in the NT7 section here. There are no additional features or enhancements.
The indicator will be installed in a folder "Cheech". The REMA indicator will be installed in the Indicator folder.
Note: The default alpha setting for the Trend Plot is set to 0.1 to match the REMA setting as supplied by Ninjatrader. The default setting for the NT7 version for the same plot is 0.05 as was indicated in the article. Adjust accordingly.
Change Log
Date --------- Description
1/31/2018 --- Initial Release
February 2nd, 2018 03:14 PM bobc635 Thanks.... interesting indie.. Thanks for sharing... It appears that you left one of your debug print statements on line
September 22nd, 2023 09:10 PM jayhawk thanks for this! Saved me a bunch of time since I have no experience with ninjascript, and helped me learn a little more
along the way.
June 9th, 2022 02:34 AM mwf2220 great - thanks
September 15th, 2021 08:47 AM kashmiami
May 25th, 2020 07:13 PM bcomas Thanks, good indicator
July 7th, 2023 11:35 AM barryf This works for me, except for the fact that it obscures the chart grid lines and it appears that there is no way to get
them back while this indicator is installed. For me the gridlines are more important than the timer if I have to make a
choice between the two.
August 11th, 2020 09:52 PM atop97 does not show.
November 9th, 2018 12:39 PM BoltTrader No matter what I change in the settings, the counter doesn't appear on my chart. I have tried on both volume and tick c
harts. I also agree with earlier suggestion change this to Count Down not Count Up. Hopefully, you can correct this.
June 28th, 2018 12:21 PM Harleking Nice Indicator.
Just one minor thing: Is it possible to have the bartimer count down instead of counting up?
For Instance on an one minute Chart it would go from 60sec to 0 instead of 0-60sec right now.