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.
The PriceActionSwing indicator for NinjaTrader 7.0 calculates swings in different ways and visualize them. It shows swing information like the swing length, duration, volume,... It contains a lot of features. It is also useable on the Market Analyzer.
The package contains 3 indicators: PriceActionSwing
- standard swing indicator with visualization and swing information PriceActionSwingPro
- Draw automatically Fibonacci extensions and retracements
- Calculate a swing statistic
- Calculate and visualize ABC patterns
- Risk management (automatically for ABC patterns)
- Calculate and visualize divergence based on an indicator
- GomCD (uncomment the "region GomCD" parts in the source code) PriceActionSwingOscillator
- swing trend visualization
- developing swing volume (repainting)
Useful to see/trade price action with HH, HL in uptrends and LL, LH in downtrends and patterns like double top/bottom, triangle,…
Version 17 - June 5 2014
- Changed the code structure for simpler access from strategies and other indicators If you use PriceActionSwing within other files, make sure you have a backup from the old version
- Added swing tick and swing percentage calculation
- Added swing calculation based on close values
- Added seperate swing price output
- Added developing GomCD output since the last swing
- Improved risk management items
- Added risk management tab
- Added different alerts
Version 18 - June 15 2014
- Fixed minimum swing size to < 1 for percentage settings
Starting from version 17 NinjaTrader 6.5 will not longer be supported. Starting from version 19 NinjaTrader 7.0 will not longer be supported get NT8 version here
COMPATIBILITY:
NinjaTrader 6.5: NO
NinjaTrader 7.0: YES
NinjaTrader 8.0: NO, see NT8 version here
Oscar Wilde said imitation is the sincerest form of flattery. So with thanks to the QG Better Channel authors, I have taken that indicator and modified it to better serve my trading style. Here's my dpQGP- QGPair. It is now a pair of channels, fast (Trend1 and Trend2) and slow (Trend3 and Trend4), and as price moves around those channels, signals are generated. Everything is available for your tweaking: channel coloring, signal type/color/size, channel upper and lower parameters.
In the Properties, there is a property named 'ContinuationSignals' and it has a numeric input. That number is the number of bars allowed between price falling below Trend1 and rising back above it for long signals, or price rising above Trend1 and then falling back below Trend1 for short signals. It will become clear when you see it on your chart.
There is a Toggle on the Control line at the top of the chart with options of Off, Single, and Double.
Off = no signals painted
Single = only Trend1 is considered for a signal to paint
Double = Trend1 AND Trend3 must be in agreement for a signal to paint.
You can fine tune the channels by altering their length properties which will make the channels either closer to price action or farther away. Although shown on a 144 tick chart, it works on any time period or tick period, Renko, etc.
I hope you find it useful. As always, please leave some feedback (private or public), good or bad, as it gives me ideas for making it better. Thank you. Dave P.
UPDATE! dpQGPv2 is here. May 26, 2024
It's hard to mess with something that is this useful, but I did.
Under the Parameters A properties, you will now find some options for smoothing the Trend1 cloud.
I've also added the ability to use sound files, so the chart can talk to you.
And in addition to the existing continuation signals, I've added Proximity Alert signals (Thank you Star Trek).
Although it may seem obvious, you want to initiate a trade when both trends are in agreement, and when price has pulled back to the Trend2 area.
You should ALWAYS be looking to take the trade at the 'best place to be wrong'- and not while price is extended- that means your stop loss is close by and it won't ruin your day if it gets hit.
Many thanks to all who wrote in offering suggestions. As usual, please leave some feedback. Thank you. Dave P.
UPDATE on June 19, 2024.
Gulp! It looks like my earlier 'update' was my original v1. I apologize for that mistake. This IS version 2, even though when it loads into NT8 it will still say 'dpQGP.' Again, very sorry for the inconvenience. And a shout out to Peggy for finding the error!
UPDATE on Sept 2, 2024: I have several other homegrown indicators that I use that are for sale at nominal cost. If interested, please send me a note at [email protected]. I think you'll find them useful. Thanks. Dave
UPDATE on Dec 16, 2024 In this latest version, I've extended the smoothing function onto the TrendB cloud and I've added the ability to adjust the size/color/opacity of the Trend1 line when it flatlines. This flatline segment is very telling as it is an early warning that that a crossover may be approaching with in a few bars. (Sort of like the Silver Surfer is the herald of Galactus, for you Fantastic Four fans!)
The picture shows the new flatline capability. Experiment with it. The base setting for measuring the 'flatness' is ATRs, and .05 is the value. Using .6 makes the range of 'flatness' a bit wider. The Plot control for the Flatline is 'QG1Fat' and I set mine to a width of 15. Just look at the flatline and see what price does after it leaves the end of the flatine. That's the clue. As always, leave comments here or email me. I'm always around. The download file will contain the updated indicator. It will have a date in the name. This is the new version.
January 6th, 2025 05:59 AM hal010 Thanks for the updated version.
January 4th, 2025 05:10 PM DPM Trading I've been using this for years. Its fantastic. Thank you..
December 18th, 2024 02:36 PM Hannibal1066 Unfortunately I cannot read the numbers on the footprint because they are too small. How can I make them bigger? This is
an awesome indicator, thanx!
December 6th, 2024 08:30 PM ANRUVALE2203 Es un indicador increible...!!!
Existe algún video tutorial para profundizar en el uso del FOOTPRINTV2...?
December 4th, 2024 09:14 PM Celinhuw Thank you for this awesome footprint!!