this indicator colors a bar green if its close is above the prior close. The idea is to go with trend ie if 2 green bars trend is up. the example uses 2 range chart, type 2r hit enter to switch to 2 range chart.
To me simple is better..... I don't want to look at too many indicators. Besides, all indicators are doing is telling me is what the price is doing so.... why not learn to read price action? Some of the tools that help me do this are the 50 EMA and the 14 HMA with Sharky's ECO bars and a swing high/low.....that's it. Knowing what time of day is best to trade is also very helpful. 85% of daily price movement happens in the morning. So, for what it's worth.... here's my 2 cents. Check it out and let me know what you think.
Just an indicator to place support/resistance zones on a chart. 10 zones are available. Would like to be able to make the zones color selectable, but I'm not a programmer, just a "copy and paster" . These work better than rectangles because you can't mistakenly grab them and move them.
I created a universal indicator that will alter the color based on slope change of "ANY" distinct, single-value dataseries in any panel.
To use this, you need to learn how to define the input series for the indicator (all done via the NT8 UI).
You can use “ANY” other available dataseries as input and the color change will be applied. No programing required; upper Bollinger band, lower Keltner band, HMA, TSI, MACD, etc… any indicator you have on your system can be used as the input dataseries for this indicator.
You need to understand how to change input series to use this indicator. This works the same as it did in previous Nijatrader releases.
Read up on this here for NT8
1.) go to control panel
2.) select help guide (F1)
3.) open Operations by selecting arrow head
4.) open Chart by selecting arrow head
5.) select Working with Indicators document
6.) open How to edit an indicator's parameters by selecting arrow head
scroll to bottom of this display to read about changing indicator input series
Note, this feature is recursive meaning you can do this multiple times for example
ColorInputSeriesSlopeChanges(ema(volume)))
You can change the colors used, the defaults are Red (down), Yellow(same or peak), or Green(up).
Yellow can indicate values that are identical but it can also represent what I call Peak. The Peak value is the bar that is the apex of the slope change (ie from up to down). You can also toggle the display of Peak off or on.
February 24th, 2014 02:46 PM billymac48 Zones are colored grey on my chart.
you must make your chart background
something OTHER than grey to show up.
Cannot find an option to choose colors for zones.
April 15th, 2010 09:53 PM stockdisk Thanks was looking for this indicator.for those who don't see any thing on charts there are entries for zones like 1a &
1b enter starting pt say 1210 at 1a and ending of zone say 1212 at 1b.
January 29th, 2010 01:02 PM zacharydw00 I created & posted a selectable colored ind. called ConfluenceZones on NT's download forum. Written using NT 6.5, will p
robably work in NT 7.
January 12th, 2010 02:58 PM whoisthere48 This ColoredZones does not show up on any of my charts. I would like to use it if I could make it show up like in the e
xample.
January 11th, 2010 02:49 AM lolu This indy doesn't plot on my 5m chart. Can you provide/post a template ?
October 7th, 2015 08:08 PM AMcCullough Thank you! I've been using it for a few days and its really good! Would be nice for an alert option to ring going into
and out of oversold/overbought! Thanks again!
June 17th, 2014 10:14 AM spitrader1 good job
December 10th, 2011 11:30 AM rmael
October 4th, 2011 07:45 AM Rudy52 Great stochastics!