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I've been looking at the Tradetheplan divergence indicator (and the volume indicator) so just wondering if you could give your opinion on their strengths/weaknesses and maybe how you put them to use.
Thanks for all your posts on here as well, much appreciated.
The Divergence indicator, like any overbought / sold indicator has it's weaknesses.
What I like about TTP's Divergence indicator that when on the right time frame (what works for me) combined with a good S&R area makes it pretty accurate tool for the tool box.
I have found that the best signals for me are on the 2min and 20 second charts.
I like the Volume Analyst but don't use it all the time. It does aid me with reading orderflow and the dom and possible changes in momentum and direction.
What has helped me when determining signals is, "Where is price likely to and where are stops resting" For me the DOM helps. I have found that sweeps and other nuances happen in those areas.
The ICT 2022 model (Search YouTube) helped a lot with me understanding.
I've attached a few images from the last few days where you can see both failure and success of the divergence indicator
Of course you don't need the dom, but for me, my goal is to have the lowest MAE possible and I beginning to see how price behaves in relation to levels / signals for a real fine tuned entry.
I use jigsaw and changed the momentum tails to super short (50ms) and all one color on each side. when both sides look like they are firing at the same time at S&R the probabilities increase that I direction change is in the works.
Can someone help or direct me to the right place....
I'm trying to upload images and receive this:
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I was using the Footprint indicator for quite a while last year without any issues. After taking a long break, I downloaded the newest version of NT today, and installed the Footprint V2 again, but I spent an hour trying to figure out why I can't get the Footprint to show.
The Trades, Map, and Footprint options are greyed out in the top bar.
The "Show" checkbox under "Footprint" in the indicator properties is also greyed out.
I have tick data from Ninjatrader and I have the tick replay enabled.
I went to update to latest version and receive this:
error CS0101: The namespace 'NinjaTrader.NinjaScript.Indicators.Infinity' already contains a definition for 'FootPrintV2'
error CS0102: The type 'NinjaTrader.NinjaScript.Indicators.Infinity.FootPrintV2' already contains a definition for 'RowItem'
error CS0102: The type 'NinjaTrader.NinjaScript.Indicators.Infinity.FootPrintV2' already contains a definition for 'BarItem'
error CS0102: The type 'NinjaTrader.NinjaScript.Indicators.Infinity.FootPrintV2' already contains a definition for 'Profile'
error CS0101: The namespace 'NinjaTrader.NinjaScript.Indicators.Infinity' already contains a definition for 'FPV2Globals'