The Traders Dynamic Index (TDI) is a trend following momentum indicator based on the RSI. It was developed and presented by Dean Malone. The Traders Dynamic Index comes with the following plots
- the Priceline, which is a SMA(2) of RSI(13)
- the Signalline, which is a SMA(7) of RSI (13)
- the Midband, which is a SMA(34) of RSI (13)
- Bollinger Bands around the SMA(34) using a standard deviation multiplier of 1.62
The following combinations may be considered as trade rules:
- go long, if Priceline > 50
- go short if Priceline < 50
- consider an exit, if Priceline is above 68 or below 32
- go long if Priceline > Signalline
- go short if Priceline < Signalline
- exit if Priceline crosses Signalline
- trendfilter long, when Priceline > Midband
- trendfilter short, when Priceline < Midband
- add to long, when Priceline > upper Bollinger Band
- add to short, when Priceline < lower Bollinger Band
Detailed rules how to use the Traders Dynamic Index have been published by Dean Malone within the framework of the E.A.S.Y. trading method.
The indicator plots supply and demand based zones from various time frames on the chart. It also adds a context menu item to the default Ninjatrader context menu to hide and show active and broken zones.
Auto 3 Swing Indicator with toolbar and comprehensive support/resistance identification
**NOTE** The version has been updated. The previous version must be uninstalled before importing.
1.Open Ninjatrader 8
2.Click on TOOLS > REMOVE NINJASCRIPT ASSEMBLY
3.Select ActiveGeoking from the list and process removal
3.Import new ZIP file attached to this listing via TOOLS > IMPORT > NINJASCRIPT ADDON
Hope there are some traders out there that can benefit from this! I spent years perfecting this indicator while I was trading professionally and I am excited to share it with the community.
ActiveGeoking for NT8 leverages its own custom layer built on top of the zig zag indicator to automatically identify the three most relevant swings of any chart. A feature-rich toolbar allows the user to quickly shift the identified swings to their preference.
The identified swings are used to generate a wide array of technical price points based on Fibonacci retracements and extensions, as well as pivot highs and lows, trendlines and corrective/impulsive measured moves from Elliot wave theory. These price points can be considered areas of higher significance for the trader to consider potential future support and resistance to occur.
For anyone out there that is familiar with Bryce Gilmore's book "Trading to Win", this indicator will be recognised as highly aligned with his method of trading. The indicator utilizes an XABCD marking system, also common in other methods of TA.
Inbuilt algorithms detect when price points are invalidated by market movement so as not to display irrelevant price levels wherever possible.
Reporting of price points and swing measurements are all displayed on the screen and can be toggled on and off using the toolbar for all swing degrees and price level types.
The indicator options provide an exhaustive list of configuration options for tolerances and customized ratios for the user's preference.
**IMPORTANT** Ensure enough bars are loaded onto the chart as this indicator requires a decent amount of history for large degree swings
- 15 years for day charts
- 300 days for 60min
- 30 days for 5 min
Check out this thread below for guidelines on the indicators features which I will deliver in bite sizes pieces over time. Feel free to drop in and ask questions or provide feedback
NexusFi > Trading Community > Platforms and Indicators > NinjaTrader > Active GeoKing - Triple Auto Swing Indicator for NT8
Hope you are all doing great. I'm putting together this thread so I can share some of the features and functionality of ActiveGeoKing, an indicator that I spent many years developing and improving to support my own trading. The indicator …
August 23rd, 2023
Size: 59.95 KB
Downloaded: 21 times
2671
Marty087
Ninjatrader comes with a built-in risk/reward drawing tool.
However i like the one from tradingview much better
This drawing tool adds a tradingview look-a-like risk/reward tool to ninja trader for both long and short positions
When placing a R/R drawing tool on your chart you can move it around, drag the stoploss/target to its correct price levels and the risk/reward ratio will be updated in real time
After installing you can find the risk/reward tools under the drawing tools menu.
There's a long position tool and a short position drawing tool
Note you can assign keyboard shortcuts to the risk/reward drawing tools using the tools->Hot Keys menu.
3-11-2018 : version 1.0.0.0 5-11-2018 : version 1.0.0.1 bugfix to make it work with all instruments
April 5th, 2024 08:38 AM FTforex 8.1.2.1 64-bit which is the latest version to my knowledge -
April 5th, 2024 06:36 AM FTforex Unable to load it into NT without errors - Do you have a file version encapsulated in a zip file one can directly load?
April 2nd, 2024 02:13 AM JadeL Great indicator. Thank you!!