gbVolumeReversal, Ver 1.1, TraderGB, May 23, 2021 [ Updated ]
Description: This was my attempt to reverse engineer through trial-and-error Mark Leibovit’s volume reversal and volume sequential indicator. The calculations for this are unpublished and remain proprietary. This was first done about six years ago when I had access to the indicator with recent price action and simply messed around with price and volume until matching all the signals. Within this indicator I put a divergence signal, which is not part of Leibovit’s work. I personally don’t use this indicator, but some may find it useful.
References:
The Trader’s Book of Volume, The Definitive Guide to Volume Trading, Mark Leibovit, 2011, p 255-262
The Encyclopedia of Technical Market Indicators, Robert W. Colby, CMT, 2003, p 778-780
Updates:
Ver 1.1, 2021-05-27: Included options for each of the two text labels be optional (requested by chartman). Note, if you have 'Show Sequential VR Text' checked but not "Show Sequential VR", Sequential VR text will not appear.
May 23rd, 2021
Size: 4.71 KB
Downloaded: 1292 times
2379
TraderGB
gbWRBHiddenGap, Ver 1.0, TraderGB, May, 27 2021
Description:
Wide Range Body/Bar (WRB) Hidden Gap indicator by M. A. Perry of TheStrategyLab.com (wrbtrader on Futures.io)
Note, WRB can stand for either "Wide Range Body" or "Wide Range Bar", but they are separate items:
* Wide Range Bar interval represents the price area between the High and Low...often called the range of the interval.
* Wide Range Body interval represents the price area between the Close and Open...often called the body of the interval.
Only a small percentage of WRB Hidden GAP intervals qualify as a WRB Zone.
Following the instructions in chapter 2 in the WRB Analysis Free Study Guide. -M.A. Perry
Parameters:
* Lookback: Number of bars to evaluate for wide-ness (default = 3, Range: 3 to 20 max)
* WRBType: Look for wide-ness based on: body range, bar range, or both body and bar range (default = Body)
* GapType: If a hidden gap is found, draw rectangle around: BarRange, BodyRange, or GapRange (Default = GapRange)
From Chapter 1 of the Tutorial:
WRB Analysis is an analysis of changes in volatility and supply/demand. Simply, WRB helps traders to understand and exploit changes in volatility as a way to identify key price areas where there has been an important change in supply/demand between buyers and sellers prior to the appearance of any trade signals. Thus, WRB Analysis is primarily designed to improve the understanding of the price action prior to the appearance of any trade signal and improve the performance of a trade signal strategy. In addition, WRB Analysis is not a trade signal and it must be embedded (merged) within a trade signal strategy if you want to improve the performance of your trade signal strategies.
Included sound files for alerts (place in NT sound folder):
HiddenGapUp.wav
HiddenGapDown.wav
Notes:
* Version 1.0 of this indicator is based off chapters 1-3. I don't have the advanced section of this tutorial and any additional items from there are not included.
References:
* WRB Analysis Tutorials, M. A. Perry, 2014, chapters 1-3 (free download at TheStrategyLab.com).
* There are also chapters 4-12 which are for sale at TheStrategyLab.com (advanced section of tutorial).
May 27th, 2021
Size: 126.59 KB
Downloaded: 639 times
2381
TraderGB
gbXPointNBarsBack Ver 1.0 by TraderGB, March 16, 2021
Description:
This indicator finds the point where the current High and a Low N-bars back intersects with the current Low and a High N-bars back (forms an X). It creates a synthetic data point that can be feed into other indicators. Think of it as a substitute for common inputs such as: High, Low, Open, Close, Median, Typical, Weighted. Although some may use this as an indicator on its own, its really meant to be feed into other indicators. Experiment with it and see where it takes you.
The screenshot tries to illustrate the X (cross) point where BarsBack=1 and BarsBack=2.
gbZigZagFibExtRet, Ver 1.2, TraderGB, March 21, 2021 [Important Update Ver 1.2...see updates below]
Description:
This is a modification of the ZigZagUTG script that shows Fibonacci retracement and/or extension percentages. The indicator allows you to choose what you want to see (Show Text: None, Retracement, Extension, Both). There are also different options for how you what the indicator to appear on the screen (color, opacity, line width, text offset, show lines in front or behind bars, show: dots, lines, both or none).
Updates:
2021-03-21 (Ver 1.1): Added developing current swing retracement/extension percentages.
2021-06-01 (Ver 1.2): Corrected bug in script where array list disallowed duplicate pivot values. This would cause a miscalculation of the percentage values where there are back to back swing highs or lows with the same value.
March 4th, 2021
Size: 5.26 KB
Downloaded: 775 times
2326
TraderGB
This is the T3 indicator displayed with a serialized multicolor single plot that will not re-paint. It is exported with Ninjatrader version 7.0.0.23. Enjoy.
November 19th, 2010
Size: 4.01 KB
Downloaded: 1131 times
736
timefreedom
Exported using NT Version 7.0.1000.3
This is a generalized EMA, which allows you to use it with fractional periods. The minimum period required is 1.0.
This generalization is possible, as the integer period of an EMA is an artificial construct, which was adapted following the work of Jack K. Hutson, who compared simple and exponential moving averages. The generalized formula for an EMA is
EMA[0] = (1 - k) * EMA[1] + k * Price[0] , where 0 < k <= 1
The period n translates into k = 2/(n+1), so that n >= 1 is required not to violate the allowed range for k. Fractional values for n are possible.
The chart shows a fast EMA with a period of 12.7 and a slow EMA with a period of 38.3. The indicator which can be downloaded here, does not shade the region, a dual MA indicator will be released later.
I have written many strategies and finally came up with a decent, imo, engine for testing rulesets. This engine incorporates 3 Session Start and End times for evaluating different timeperiods, 4 different targets and a runner (each can be selected separately or together), initial stop, move to breakeven, and trailing stop. Each of these parameters can be enabled or disabled. I am providing this code for Elite members only. So please don't share this with others without getting my permission.
To use, connect to your datafeed, and put this strategy on a chart. You don't have to use strategy analyzer. However, it works in strategy analyzer as well. You will notice a PNL summary in the lower left of the chart which makes it nice for quick analysis of rulesets without having to use the strategy analyzer.
Please contact me via private message if you have questions as opposed to leaving a comment here. I won't get the comments.
The only thing I ask is that you share your profitable rules with me if you use my code. Additionally, I'm willing to work with anyone who has a system they are currently trading successfully.
October 26th, 2010
Size: 4.21 KB
Downloaded: 188 times
689
MWinfrey
I have written many strategies and finally came up with a decent, imo, engine for testing rulesets. This engine incorporates 3 Session Start and End times for evaluating different timeperiods, 4 different targets and a runner (each can be selected separately or together), initial stop, move to breakeven, and trailing stop. Each of these parameters can be enabled or disabled. I am providing this code for Elite members only. So please don't share this with others without getting my permission.
To use, connect to your datafeed, and put this strategy on a chart. You don't have to use strategy analyzer. However, it works in strategy analyzer as well. You will notice a PNL summary in the lower left of the chart which makes it nice for quick analysis of rulesets without having to use the strategy analyzer.
Please contact me via private message if you have questions as opposed to leaving a comment here. I won't get the comments.
The only thing I ask is that you share your profitable rules with me if you use my code. Additionally, I'm willing to work with anyone who has a system they are currently trading successfully.
Good luck,
Mike Winfrey
Version 2 is now a bit more functional that version 1. I found several things that were less than desirable and hope I've fixed them.
This version allows for:
1. selection of either long, short, or both entries.
2. stop and reverse (this is not an option provided by a parameter. it automatically reverses postion if an opposite signal appears.
3. Fixed miscellaneous other issues that I won't detail.
October 26th, 2010
Size: 6.58 KB
Downloaded: 1246 times
691
MWinfrey
The purpose of this book is to help you learn the basics of EasyLanguage and explain how to make use of this powerful language for creating your own trading strategies and analysis techniques using familiar terminology and simple logical statements.