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Well thanks for trying. It's just that there is usually consensus on things like this that NT is doing wrong, and I just wanted to try and make sure it is addressed in NT8.
What platform are you using as your 'primary' now? From your earlier posts, it looks like you were an NT7 user, but recently you are (also) using Multicharts and Sierracharts.
I find NT7 to be my favorite for retail platforms, despite the numerous bugs, some of them disasterous. I tried Sierracharts, Multicharts, Lightspeed, CyborgTrader, and a few others I can't recall. Sierracharts looked good, but it was difficult to find any automation. Multicharts looks pretty, but it seemed less comprehensive than Ninjatrader. There also seems to be allot of biasness around about Multicharts - anyone who's Russian generally automatically proclaims MC to be the greatest thing out there. While NT7 has plenty of things that are way behind schedule, it's disconcerting that MC has just put out a 64 bit version. Overall, the other platforms seemed to be less intuitive in automation than NT7 (despite the NT bugs). Additionally, Ninjatrader's charts are IMO definitely better than the rest, including Lightspeed. The charts in NT, along with the whole package, have the most lucid, clear cut and smooth GUI than anything else. Fortunately, the order placement and strategy are rock solid in stability (so far from my expirence), so an account blow up due to faulty software is unlikely.
All this software is nitche software, so bugs will be common because the programing teams will be attempting something comparable to Microsoft Office or the likes, but on a much smaller budget and wider timetable.
@FrankFX: This is a modified Keltner Channel, I have not coded it.
The original Keltner Channel uses a SMA(N) from the typical price as center line and the SMA(N) of the simple range to calculate the offset for the volatility bands.
This indicator uses a WMA(N) of the close (selected input series) as center line and the WMA(N) of the True Range to calculate the offset for the volatiity bands.
I have in fact coded a more versatile indicator, which allows you
- to select the moving average type for the center line
- the moving average type for the volatility bands
- to use different periods N1 and N2 for center line and volatility bands
- to either use the simple range or the true range at your choice
With settings WMA, WMA, TrueRange it would be identical to the indicator above, moreover there are 11 other moving averages you can select from.