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Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
Thanks Received: 1,020
Fat Tails, may I request you post the sound files referenced in the indicator.
Also, is there a possibility to add a volume filter? Would think filtering out the very low contract size of say 3 contracts would eliminate most of the "uninformed investors." Not sure how that would impact the analysis being done but would like to test it.
THANKS FOR ALL YOU DO!
Can you help answer these questions from other members on NexusFi?
I do not have plans for a volume filter right now.
I will possibly add sound alert files later, but in the meantime you may use the indicator with your own sound files. Just select them via the indicator dialogue box.
thank you for the great indicator. Just one question - is there a way how to call this indicator? I mean something like: if CurrentBar is ClimaxBar than do something. It would be very useful with working with it further.
Of course you may call it. It comes with a public Series<double> "BarType" that can be accessed by an indicator or a strategy. When you first do so, please use the indicator with the default settings. As long as you set the volume type to amaBetterVolumeType.Absolute_Volume, it only requires a few bars, before returning any results.
However, with volume type set to amaBetterVolumeType.Relative_Volume, it will not return any values for the first 8 weeks on your chart. This is because the relative volume is calculated by comparing today's volume to the average volume of the prior 8 weeks.
This means that when running a strategy that uses this indicator with relative volume, you would need to let the strategy run for 8 weeks without taking any positions. Only when the indicator starts returning values, you may use the signals. In order to check whether the indicator returns a signal you would use the inbuilt NinjaScript method "IsValidDataPoint". Here is a piece of a sample code you may use to check whether the current bar is a strong climax bar (not tested).
strong climax churn bar = 0
strong climax bar = 1
strong churn bar = 2
weak climax churn bar = 3
weak climax bar = 4
weak churn bar = 5
low volume bar = 6
upclose no signal bar = 7
downclose no signal bar = 8 doji no signal bar = 9
Regarding Alerts, I can see them printed in my Alert Log, however i don't hear the sound (.wav File).
I have my sound files at C:\Program Files (x86)\NinjaTrader 8\sounds. I typed the name of the .wav file and i also tried the putting then name inside " .wav" still doesn't seem to work either.
Is anyone having issues or is it just me..
Thank you,
Sudhir
I have a few sound files if any one is interested...
I have this indicator on all my minute charts (5/15/60) and three markets (ES, CL & GC) and i'm most interested in getting alerts when i get a churn bar and a climatic bar on any of these charts. In all, i have 9 charts. Basically i have three tabs for each market and what i noticed is that the tab that is on top i get the signals without any issues, but the tabs that are on back ground i don't seem to be getting the alerts in real time..
i.e suppose if 5 min tab is the viewing it has no problem in issuing a signal in real time (which i see in my Alert Log screen), but if won't issue the alert signal in real time on 15 & 60 min and it seem to trigger the alert only when i move over to that tab at a later time i.e. a churn bar could have formed say at 9:45 but since the tab is in the background it wont alert in real time, only when i clicked that tab and bring it to my viewing screen at 9:55, it will alert with a churn signal.
i think this is an NT8 Issue, do any one notice the same issues?
Any one using Alerts in Market Analyzer? if so, can you guys help me with real time alerts.
To fix this issue please edit the indicator and change line 193 to
then compile via F5.
The setting "IsSuspendenWhileInactive = true" is a default setting for all indicators that ship with NinjaTrader 8, because it reduces CPU load when inactive charts are not being recalculated for every incoming tick. Obviously, when using indicators with sound alerts, you also want to have them calculated for inactive charts.
I have already changed all of my indicators with sound alerts to work with inactive charts, but not had the time yet to do all the required updates in the download section and indicator library.