In his article in this issue, “True Range Adjusted Exponential Moving Average (TRAdj EMA),” author Vitali Apirine presents how a security’s true range, which measures volatility, can be incorporated into a traditional exponential moving average. The trend-following indicator, called the true range adjusted exponential moving average (TRAdj EMA), applied with different lengths, can help define turning points and filter price movements. By comparing the indicator with an exponential moving average of identical length, the trader can gain insight into the overall trend.
Shift + L.Mouse Click above/below bar , originates stop loss line with point value and dollar value, 1st target @ 1:1 RR with point and dollar value and 2nd target @ 2:1 RR with point and dollar Value.
cnt + L.Mouse Click removes lines.
You can choose the total number of contracts, the contracts for the first target and the remaining (you have to input manually) for the second target. You also have the ability to input your broker commissions so the dollar amount you see is the final end result.
Mouse Risk Reward Lines V1
Multicharts.net
Note: I only trader ES, and I made it to work for ES and MES. I don't know how and if it works on other instrument, but I am sure tweaking a little bit the code you will make it work.
November 13th, 2022
Size: 2.61 KB
Downloaded: 368 times
2588
Bvend
The HalfTrend indicator represents the trend indicator that draws zones based on moving average intersection. The indicator draws bearish and bullish invalidation zones on the chart and marks a trend shift. The Green line represents the “Long” zone, while the Red line “Short” zone.
Ported it from NT8 code from this site.
Multicharts.net
V1
Great script. is it possible to add alerts for trend change and green or red traingle? Thanks for feedback.
November 15th, 2022 01:29 PM tehuff Thank You.
October 25th, 2022 07:53 AM Bvend @Rob1982 It is for Multicharts.Net
October 20th, 2022 01:47 PM Rob1982 Cant get this to load on ninjatrader8. Message i get is : Selected file was made from an older incompatible version of n