I also created an indicator called jtRealStats_ChartDisplay (also in the zip file) which helps keep the chart sized properly to display the main indicator.
Also, you need to change the right side margin in chart properties from 4 to 24.
Most indicators out there run on bars. Let’s take a 3-period moving average. You compute it on the Close, the previous Close, and the Close before that. Well, what if you used 3 other values in your average, instead of the last three prices? Like, what if you used the current value of the 2-EMA, 5-EMA, and 8-EMA and computed the average of those instead?
Ehlers uses the 4-RSI as an example application of the Laguerre treatment. Instead of the last 4 Closes, he uses 4 Laguerre values. Using only four values makes the indicator turn quickly, but you can adjust the overall speed of the output via the gamma input to the transform. Pretty neat!
In July, I looked around briefly to see what other Laguerre indicators were out there. Surprisingly, I couldn’t find any. I thought that was strange, because all you have to do is plug in the Laguerre values you need and see what happens. I coded up a few, and found the the Ergodic Candle Oscillator looked pretty good Laguerre-ized.
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (tested by sam028)
Updated version of ZeroLag MACD with some enhanced visual flare, zero line is colored based on whether the MACD line is above or below the average line and the overall trend is up or down.
Tick-level Market Replay data for NinjaTrader. Recorded time zone is CST.
Installation instructions:
1. Unzip to your Documents\NinjaTrader 6.5\db\data directory.
2. NinjaTrader should now show the extra dates on the Connect -> Market Replay screen.
Tick-level Market Replay data for NinjaTrader. Recorded time zone is CST.
Installation instructions:
1. Unzip to your Documents\NinjaTrader 6.5\db\data directory.
2. NinjaTrader should now show the extra dates on the Connect -> Market Replay screen.
Tick-level Market Replay data for NinjaTrader. Recorded time zone is CST.
Installation instructions:
1. Unzip to your Documents\NinjaTrader 6.5\db\data directory.
2. NinjaTrader should now show the extra dates on the Connect -> Market Replay screen.
October 12th, 2010 01:32 AM dvan You can view detailed description of the indicator? )
June 22nd, 2010 04:04 PM willyad thanks
November 5th, 2009 10:23 PM cclsys This is an extraordinary indicator to be be able to access gratis. Anything that helps see the bids/offers or volume his
tory is helpful since really all you need to know about price is already on a bar chart. But volume isn't so obvious and
can be quite revealing. Amongst other things, very helpful when stop-trailing above break even to identify areas with m
uch higher support/resistance than others.
Only downside: it's another indicator, but this one has about 5,000 data points, so although very helpful, it's also a t
ad distracting!
September 26th, 2009 08:25 PM j0hnth0m I like what you did with my indicator. I get tonnes of comments on my blog for this indicator. I'll post a link to th
is version as you have greatly improved it.
Thanks.
September 22nd, 2009 11:29 PM Big Mike Nicely done, thank you!