Could someone pleae tell me what the Diamonds are for in this indicator and how to use them.

Thanks
-Keep

hi keep,
show us the exact indicator you mean + show us a screenshot of what you are refering to, i am shure anyone can give the right answer then

Here is a screenshot with the indicator on it. The indicator is from Big Mike Trading forum. Appreciate any help.

Thanks
-Keep

hi, - thanks for the pic
these diamonds show the first bar of a flat ADXVMA - it warns for "heads up" -> consolidation / range / chop happens -- ready for to take action if price start through with a break out.
Thats the main sense of this indicator i think.
Hope it helps.

Sorry to bring this thread back from the dead but I figured it was better than making a new one.

I'm trying to replicate the ADXVMA Alerts V1.05 Ninja indicator in .eld format for TS/MC/OEC.

Thus far i've replicated the ADXVMA part, however I don't know what the chop dots are functionally looking for...

Do they read when the ADX drops below a certain number? Say ADX < 20 = chop dots or is it just when the ADXVMA = ADXVMA[1] (the line is horizontal)?

Thanks for your help!

hi,
its when you have a flat adxvma like : ADXVMA[0] = ADXVMA[1]

Thanks so much!!!

Is there an .eld format of the indicator ADXVMA for Tradestation? Searched high and low but have only found it in C# for NinjaTrader. I use both platforms for different reasons.

Thanks.

Does anyone know how to revise the code on this so that it fills the down candlesticks??????????

To clarify . . . Currently when you have the color bars set to True, and say you're in an an uptrend therefore you're getting blue bars. However all the candles are hollow, so it's nt clear whether it's an up bar or down bar. it would be good to have an option to enable this so that the down bars are filled.

John