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This indicator does NOT do well with Bloodhound, unfortunately.
In order to backtest, I had to write a simple NT8 NinjaScript strategy.
So, no, Bloodhound is not a requirement and this indicator will actually not work with Bloodhound as far as I can tell. Others more proficient with Bloodhound may be able to find a solution but it would not work for me.
Is there a way to setup an Alert for the signals so you dont have to sit at your monitor all day or could you create the ability to do that if there isnt a way currently?
Now this is getting interesting! I ran NT8 SA optimization on the data series and got the results shown below. Geeez, 1.52 profit factor pretty good on second attempt at this thing. Looks like 35-minute (I guess 30-minute chart would work) was the optimum data series for this.
Yes, absolutely. One can always add an audio alert to the strategy. Personally, if & when I get a good level of confidence with the strategy, I would simply let the strategy enter the trade for me. But sure, audio alert can be easily added to via NinjaScript.
To help with trading the PI-Oscillator, you could also ignore the sell signals in a strong bull trend and the buy signals in a strong bear trend. Also consider trading 3 contracts, and exit one at a small first target, one at a medium target, and one that you'd be willing to let run all day. Could really work well with an automated trailing stop to lock in gains quickly. Works really well on stocks too so don't forget about that as well.