TicksPerTimeFrame was written by Mike Winfrey 3/15/2012
The intent of this indicator is to count the number of ticks in a non-tick based bar. So, placing this indicator on a 5 minute chart will count the number of ticks during that bar and display it as a histogram in it's own panel. There is also a plot representing the average number of ticks over a period that is specified in a parameter. You also have choice of how you count the ticks. The default is to count every tick but can be changed to count the number of times price actually changes.
This indicator works on historic as well as live data.
Again, this indicator can be used on any bartype.
Actually I have no idea if this information is useful at all. I think it might be to help identify areas where activity might indicate momentum.
Note: @TimeTrade mentioned that this indicator only gives wrong results. So, I did some research to figure out why he said that. I contacted him and got his point of view then I compared the tick count in his t4tBarCalc01 indicator with my TicksPerTimeFrame indicator and noticed a discrepancy on some bars by a few ticks. I physically counted the ticks on those bars where there was a discrepancy and found that my indicator counts correctly.
November 26th, 2022
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fishtrade
David Varadi's AggregateM++ Mean Reversion Oscillator V1 NT8b9
Quote from the link below:
"The Aggregate M indicator is based on the concept that in the long term the market trends, while in the short-term the market is noisy, and has a tendency to mean-revert. Why not combine the two concepts to keep life simple? The Aggregate M is supposed to reflect an adjusted median that is filtered for short term noise. The median is a far more accurate measure of central tendency than a simple average especially with noisy data. Taking a superior measure of trend and filtering out some of the noise by adjusting for short-term mean reversion creates an even better median. The Aggregate M is now both trend and mean-reversion rolled into one."
March 26th, 2016
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Sim22
This indicator plots floor pivots such as S1/S2, and R1/R2, plus the PP.
You can configure the start/stop time so if you like to use a 24h chart but only plot RTH pivots, you can do that. You can also turn on/off weekends.
You can control if the text is placed to the right or left of the pivot marker. You can also control the plot style (solid, dashed, dotted, etc) and the colors of each plot.
This is an enhancement of SMI4 (which was an enhancement / combination of the SMI2 and Cory's SMI2) which added a price bar coloring option, a background coloring option, an option to draw a vertical line on the price panel when trend changes and an option to play a sound upon the formation of a new price bar).
Cory contributed code to color the region between +20 / -20 which indicates a possible chop zone.
The background coloring differs from SMI4, which painted the background based on whether the SMIEMA was above or below the zero line.
This version changes the background color when the SMIUP / SMIDOWN dots rise or fall above the SMIEMA line, indicating a possible change in price direction, for potential earlier entry into the move.
Examples of how I use this indicator can be found in the WizardsDen (HolyGrail II) thread.
March 23, 2010: Update
REPAINTING:
Fixed a "repainting" problem that other members discovered. Cleaned up the code. Changed the text that read "very over bought / very over sold" to "chop zone upper" & "chop zone lower". Removed the ChopFilter function, as it added nothing to help in keeping you out of chop.
ADDED TEXT ALERTS:
"POSSIBLE CHOP" when SMI dot enters the +20 / -20 zone
"LONG BREAKOUT" when SMI dot exits above the +20 zone
"SHORT BREAKOUT" when SMI dot exits below the -20 zone
(Re-uploaded March 23, 2010, 7:29 pm CST. Original post did not contain the .zip file, just the .jpg file)
May 17th UPDATE:
This fix addresses several problems that were discovered.
Mindset contributed code to color the bars hollow when price is rising & solid when price is falling eDanny contributed code to remove errant arrows, vertical lines, text messages and also code to clean up the conditions when the warning sounds play.
The arrow code has been changed to (offset*ticksize) so that when you use it on currencies, you shouldn't have to adjust the OFFSET parameter in order to get the arrows to show. They should show automatically now.
I changed it so that it colors the arrows to whatever color you set in the VERTICAL LINE UP/DOWN option. That way, you can have Red/Blue price bars & Magenta / Lime arrows (they are a little easier to spot, I think, when they're not the same color as the price bars).
This is a takeoff on what AR01 and TMFT were talking about in FatTails thread All those smart guys inspired me to do something a bit simpler than what I'm currently doing with the LLMA. I'm not giving up the LLMA by any means but exploring another …
. This indicator encapsulates rules 1, 2, and 4 as described in the quick summary of that thread. There is accommodation for rule 3 stuff in the indicator but isn't implemented other that a simple filter. However, anyone knowing how to program can find that portion of the code and add some filters if you like.
The indicator can be used for backtesting and accounts for intrabar wiggle. I won't go into detail on how I did that. You can view the code and see for yourself. The main thing is that you understand that what you get in backtesting is what you get forward testing. Of course slippage in live trading exists but not accounted for with this indicator.
You can only use this indicator with COBC = true. Trying to use it set to false does not work. I coded a fail-safe so you can't set it to false.
Parameter Description:
1. You can set up to 4 different trading sessions.
2. Either show PNL or not.
3. Use a trailing stop if you want which triggers with one tick of profit and trails behind profit by the amount you have set for the stoploss.
Indicator colors CAN NOT be customized. Encourage you to use this indicator as-is to prove a concept before you start asking for customizable colors. I really don't intend to spend the time making it any prettier than it is. So, please adjust the colors on your chart so you can see the graphics that I use. Their colors are white, black, red, lime, and blue. However, if you have ideas for rules then please forward them to me and I'll take a look.
July 11th, 2011
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MWinfrey
CCL is abbreviation for 'Confirmed CLose'. Years ago I rejected indicators - which I now I have a more friendly relationship with btw- and went into bars. The only trading seminar I went to was by Kent Calhoun who developed his 5 vertical bar trading pattern, essentially a 3 bar swing with some rules, but from which he designed some very effective strategies.
I modified his pattern to feature a 'confirmed close' meaning that only if the close takes out the low of the #4 bar (in a forming high swing) is the pattern verified. Very simple. But not so easy to code. Once that was done, you have the ShowMe included which plots confirmed by close (ccl) swing highs and lows color coded such that higher highs and higher lows are bullish color (for me yellow), LL and LH bearish and a swing whose high or low penetrates a previous one but whose close does not confirm is red, i.e. neither bullish nor bearish and often indicative of trend exhaustion, new trend change etc.
Then there are some Fib levels from those swings.
Also a set that project targets.
There's another one somewhere that determines long term trends by keep track of 'Active Highs' and 'Active Lows', i.e. a low whose developing swing made a higher high is Active until it is penetrated or a higher active low is formed. The trend is up until an active low is penetrated. In this way a bull market is defined as higher highs, and a bear market is defined as lower lows in that a bear market only starts if an active low is penetrated and a bull if an active high is penetrated. If/when I find it I will post it here without further explanation.
Picture shows the attached files in action. Colors are garish by TS8 and Ninja standards but some might find the swing patterns of interest. TS8 users will find they can be made to look quite elegant.
Also, they can be helpful for developing wave and other calculations because the swing points can be referenced. That said, Ninja has a very good swing high/low function, although I must say that the confirmed close business does filter out many bad swings, but doesn't always need multiples of ATR's (and 5-10 bars) to determine them.
A alternate full tickbased NT7 bar type for time frame charts without wrong future timestamps. The functional logic and results full comperable with the NT7 bartypes. I have no problems with only use this types with all other indicators and strategies and is full compatible with better results for CumUD/CumMP and GomCD/GomMP tools.
The basic advantage of this code for any TimeBars:
Calculation is full tickbased, the Close[0],Volume[0] and the Time[0] is exact the last Tick!
This give better and right results with all t4tCum... and t4tMultiSym tools. For live trading and backtest with any bar duration logics with "COBC=false" this BarType give now right and repeatable results
(The screenshot view a 5min chart with true 300sec bar duration recalc by my BarValues indicator over a additional syncronized 1tick data series.)
The additional advantage for programmers:
I think the C# code is a good base concept for any user switchable multiple bartype functions inside ONE custom bar type.
The NT7 has the GUI limitation for only useable pre defined "named" parameter types and values. In this code i have as additional demo code realized the select/switch between "Tick"/"Volume"/"Second"/"Minute" mode.
I self use for my "ProVersion" of this concept the same code base to realize a select/switch and use current over 21 different bar type logics, combinations and alternate options with a additional numeric GUI parameter "trick" as my (commercial) AllInOneBarType
Attention:
- Please restart the NT7 after the import with success result.
- This bar type use the "Custom8" class of NT7... if you have import errors while a other bartype allready use this base class, then see the code comment on the first lines and change the Custom8 to a free unused class on your system. Or write in the t4tCum thread for request a different version.
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This bartype is intended for TRUE ELITE users at BMT.
PLEASE DO NOT STEAL AND SELL TO OTHERS, YOU KNOW WHO YOU ARE (and we know too!).
June 27th, 2013 02:03 PM yiman Thanks very much, ilike this set of indicators and i find them very useful.I was wondering if you ever found the set tha
t projects targets.
Is there some info somewhere that will help me make better use of these indicators please.
Thanks again
Y I Man
June 27th, 2013 01:49 PM yiman Thanks very much, ilike this set of indicators and i find them very useful.I was wondering if you ever found the set tha
t projects targets.
Is there some info somewhere that will help me make better use of these indicators please.
August 29th, 2019 02:00 PM Botts I only recently "stumbled" on this indicator by @Sim22, as usual it's another example of his exemplary coding skills.
Not to mention the indicator itself seems almost "Intuitive" in the way it behaves. Thanks for all the work you did here
in the early days of NT-8 "Beta" and "RC-#".....
March 28th, 2016 04:53 PM kareem40 Thank you. Very good