This one is a new oscillator written by AlexGrover at Alpaca markets and published Pine script and Python code for it. Here is a NT8 conversion of same indicator.
The Andean oscillator calculation is based on two steps:
Estimate price upper/lower extremities.
Determine the degree of variation of each extremity.
The Andean Oscillator can return multiple information to the user. Its core interpretation is given by the bull and bear components.
A rising bull component indicates the presence of bullish price variations while a rising bear component indicates the presence of bearish price variations.
When the bull component is over the bear component market is up-trending, and the user can expect new higher highs. When the bear component is over the bull component market is down-trending, and the user can expect new lower lows.
The signal line allows a more developed interpretation of the indicator and can be used in several ways.
It is possible to use it to filter out potential false signals given by the crosses between the bullish and bearish components. As such the user might want to enter a position once the bullish or bearish component crosses over the signal line instead.
Rules For Trend Trading
Users wanting to use the indicator to perform backtests or paper trading can use the following trading rules:
Long : bullish component cross over bearish component
Short : bearish component cross over bullish component
Exit Long : bullish component cross under signal line
Exit Short : bearish component cross under signal line
Exits rules are optional.
A filter for false signals can be introduced by using the following long/short conditions instead:
Long : bullish component cross over signal line once per detected trend
Short : bearish component cross over signal line once per detected trend
Note that while this might prevent trading certain false signals it will induce a worse timing compared to the first proposed long/short conditions.
This is the Murrey Math Oscillator from Tradingview.
Its default setting for length is 100 but you can also try 75 or 50.
Its a great Indicator it has served me well.
Hello, This one is a conversion from the d9 particle oscillator for NT7 posted in elite section in2009.
I did not see the NT8 version here so am uploading the NT8 version I converted.
There were 2 library files in original NT7 version , now in NT8 version there is a single file and the smoothing function of the prediction line is based on a windows graphics function and not on a mathematical formula which I have omitted from NT7. Otherwise theNT8 version looks same as NT7.
The MACDBBLines indicator is built from a standard MACD indicator with Bollinger Bands added to the signal line. The MACD values are shown as dots. This indicator is typically used to generate with-trend entries when the upper or lower Bollinger Band is violated.
Minor trend: The minorlower timeframe trend is up when the MACD is rising. It is down when the MACD is falling.
Major trend: The higher timeframe trend may be taken from the MACD itself. An major uptrend is signaled when MACD > 0, while MACD < 0 stands for a major downtrend.
Public Properties: The indicator comes with a few public Series<double> that can be accessed via other indicators or automated strategies. These will also be shown in the strategy builder. The series "Trend" may be used to detect the minor trend. "Trend" will show the value +2 when the MACD is rising and above the upper Bollinger Band, +1 when it is rising and below the upper Bollinger Band, -1 when it is falling and above the lower Bollinger Band, -2 when it is falling and below the lower Bollinger Band. You will further find two Series<double> "LongSignal" and "ShortSignal". "LongSignal" will return +2 for an upper band violation in a major uptrend (strong signal), +1 for an upper band violation in a major downtrend (weak signal) and 0 for no signal. Accordingly, "ShortSignal" will return +2 for a lower band violation in a major downtrend (strong signal), +1 for an lower band violation in a major uptrend (weak signal) and 0 for no signal.
Market Analyzer Column: The indicator comes with two separate market analyzer columns. The first column will simply indicate the trend and return values based on rising and falling MACD above or below the Bollinger Bands as described above. The second column will return entry signals, where +2 stand for a strong long signal, + 1 for a weak long signal, 0, for no signal, -1 for a weak short signal and - 2 for a strong short signal. For the market analyzer I have squeezed long and short signals into a single column, as there is little space on a market analyzer. For the Series<double> objects, I have separated the LongSignal and ShortSignal series, as they are designed to return positive values or 0 for no signal only. Please pay attention to the difference.
Paint Bars: The indicator comes with paint bars that reflect the minor trend. The colors are similar to the colors for the MACDBB dots, but you may differentiate between upcloses and downcloses.
Sound Alerts: The indicator comes with sound alerts that will be triggered when the upper or lower band is violated, or when the major trend changes.
The Double Smoothed Stochastics by Walter Bressert came after William Blau presented his version of the Double Smoothed Stochastics in 1991. Both indicators are widespread in the trading community, but they use different algorithms. While William Blau applied separate smoothing to numerator and denominator, Walter Bressert simply applied the Stochastics %K line to itself. Applying the Stochastics twice leads to an acceleration of the running pattern. Furthermore the Double Stochastics is smoother when compared to the classic Stochastics and generates signals more frequently.
The Double Stochastics by Walter Bressert ships with NinjaTrader as in-built indicator. This version of the Stochastics adresses a few issues of the NinjaTrader default indicator:
- The default indicator has preset the %K line smoothing to 3, value which cannot be changed.
- The default indicator does not have a signal line.
- The default indicator can only be applied to price, but cannot be applied to other indicators.
This version allows for setting the smoothing period for the %K line, comes with a signal line and maybe applied to other indicators as input series.
Created by Larry Connors, this indicator is a composite of three separate components. Two of the three components utilize the Relative Strength Index (RSI) calculations developed by Welles Wilder in the 1970’s, and the third component ranks the most recent price change on a scale of 0 to 100.
In effect, the three components combine to form a momentum oscillator. The output value between 0 and 100 then identifies short-term overbought and oversold conditions.
The Z-score or standard score is a numerical measurement of a value’s relationship to the arithemic mean of the data set. The Z-score is the signed number of standard deviations by which the current value of a data point is above the mean value or below the mean value as calculated for the selected lookback period.
For a normally distributed sample 95.8% of the z-scores of all data points fall within the range [-2, +2]. A Z-score of 0 indicates that the data point is identical with the arithmetic mean of the data set.
The Z-score is a normalized oscillator that can be used to identify extreme readings of the input series. The Z-score is calculated by dividing the absolute difference between a data point and the arithmetic mean by the standard deviation.
One of the main applications of the Z-score is that it can be used to normalize any oscillator. For example, the MACD is a non-normalized oscillator which does not pass the c-test introduced by William Eckhardt. However, when the Z-score is used to normalize the MACD, the resulting oscillator uses a normalized scale and will pass the c-test. The normalized MACD is obtained, when the MACD is used as the input series for the Z-score.
The Slow Relative Strength Index (SRSI) is an oscillator which was presented by Vitali Apirine in the April 2015 issue of Stocks & Commodities.
The SRSI is a momentum oscillator derived from the RSI developed by Welles Wilder in 1978. Where the RSI takes into account price moves relative to the prior bar's close, the SRSI compares the current price to an exponential moving average. The SRSI uses the same scale as the RSI. A value above 80 is considered as overbought, whereas a value below 20 indicates an oversold condition.
Compared to the RSI, the SRSI is supposed to generate stronger long term signals, but weaker short term signals. I have added a signal line to the indicator.
Nota: I saw that another version of the SRSI has already been posted. That version is not adapted to work with bar types that support RemoveLastBar() such as Renko bars or Linebreak bars.
Nota: There is another version of the SRSI posted, which will not work correctly with bar types that support RemoveLastBar().
July 15th, 2022 08:17 AM daviddube How do I get the Sound Alerts to work? I have placed .WAV files in the NT8 Sound Folder but they do not sound-off Love
the indie...Thanks
July 12th, 2020 09:34 PM rickr
June 18th, 2020 12:34 PM MARKETPLACE
April 29th, 2020 04:38 PM 4X77 thanks, I am grateful for your efforts and for sharing.
January 23rd, 2020 06:27 PM hobbys11 very nice, thank you Fat Tails
July 25th, 2023 09:10 AM BeastModeTrader24 Anyone care to offer a brief explanation of how they incorporate the d9 Partice Oscillator in their trading decisions?
April 20th, 2023 11:54 PM Ganymed thanks great
April 20th, 2023 11:54 PM Ganymed
March 27th, 2023 12:13 PM Zenersev
July 9th, 2022 04:12 PM newell This is a very nice indicator, thank you! I am not sure how I will use it but it does add some confluence to what I alre
September 13th, 2024 01:09 PM nilvano This is a great indicator. The problem so far is not able to save on chart. The indicator must be re-added on the char
t each time there is a new reboot. Hopefully this can be fixed. Big Thanks!!!
September 1st, 2024 07:23 PM Finley Great work! Love the indicator. But cannot save. Log says "Could not save. Error generating XML document."
September 17th, 2025 02:48 PM ballhaj Awesomw - thank you!
June 30th, 2025 01:47 PM GPGR81 Just loaded this on my chart...looks good so far...will test for best settings. Thank YOU
June 14th, 2025 02:44 PM topdogtony I really appreciate what you've done with this indicator it helps me a great deal however still trying to master it, the
re's a lot that this indicator offers. Thank you.
March 3rd, 2025 03:51 PM rickjames Muchas garcias, as we used to say in the Andes. Excellent trabajo!