Plots the dynamic support/resistance, based on the Hull Moving Average, and Higher High/Lower Low.
Description
This indicator plots dynamic support and resistance lines on the price panel.
To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
The ECO2New2 is a Momentum Oscillator that is not affected by opening gaps. See William Blau's Momentum/Direction/Divergence book.
Trading Ergodics with the Trend - Rules:
1. Enter or hold position only when slope of ECO2New2 Signal line has the same direction as the trend
2. Stand aside when slope of ECO2New2 Signal Line is in the opposite direction of trend
3. Enter or exit position when ECO2New2 and its Signal Line cross
4. Take note when the ECO2New2 is 'inside' it's signal line. This indicates failing momentum. This is what the magenta dot signifies.
First Simple Version of DoubleMA Trading Strategy ... with SlopeMA and Angle ...
Later i will insert Signal[0] as filter ... or not
Use genetic optimizer, but do not over parametrize ...
Simple Steps are better
i use 4 range on eurusd (small spreads), but i think on es work better ...
i trade manuel, use this for curve fitting on range and thanks to roonius on renko my sideway filter ...
July 12th, 2012 08:55 PM optionzen Can you please create this for NT7 and can you have an angle\slope parameter for this indicator, like the indicator has