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TriggerLines for IRT


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  #1 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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I take a chance to ask we never know. I'd like to replicate the TriggerLines indicator for IRT or its cousin MarketDelta.

Can a linear regression curve be plotted on a series of 80 bars or any other numbers and how do we apply an indicator to another indicator ? For example, the trigger lines are composed of two indicators, Linear regression and EMA see picture for the details.

Any help appreciated

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  #2 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
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I was able to draw the LinearRegression but i am not sure how to apply a EMA to it.

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 tdaman 
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trendisyourfriend View Post
I was able to draw the LinearRegression but i am not sure how to apply a EMA to it.


Hello Trendisyourfriend,

Glad to see someone migrating to IRT using similar indicators/system.

I'm using large and small triggers from Nexgen trading system on Investor RT and this is how I have mine set up.

I've included the Keltner Channel settings as well.

BTW, I'm using the Volumen Breakdown indicator for support and resistence levels. Enjoy!

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 trendisyourfriend 
Quebec Canada
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tdaman,

If i understand correctly, we need to place two instances of the LRF indicator on the chart where one instance uses 20 periods and the other 1 period for the EMA but both instances using the same regression period, ie, 80 periods.

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 LS Chad 
Milton, GA
 
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Try this chart: Images | ChartHub.com

I used two custom indicators, one:

LRF

and

MA(LRF)

Pro version is required for this since it uses custom indicators and RTL.


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 tdaman 
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trendisyourfriend View Post
tdaman,

If i understand correctly, we need to place two instances of the LRF indicator on the chart where one instance uses 20 periods and the other 1 period for the EMA but both instances using the same regression period, ie, 80 periods.

Thanks to Chad for the nice colored triggers above. From his Large Triggers I added the Small Triggers.

If you're interested in creating the Smaller Triggers those are set up the same way but with the LR period at 20 (SMA 1) and the EMA at 5.

I've attached an IRT chart definition file that includes all the NEXGEN indicators including the Keltner Channel, MACD and added a nice Henken Ashi indicator at the bottom which reflects volume for better enteries and exits. You could add the Volume Breakdown Tool and have everything you need. Loving IRT!!!

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 RDMENDES 
New York
 
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Hi there

How do you install this in NinjaTrader?
Would appreciate very much if you could show me the steps on how to install your program
Thanks
Mendes


tdaman View Post
Thanks to Chad for the nice colored triggers above. From his Large Triggers I added the Small Triggers.

If you're interested in creating the Smaller Triggers those are set up the same way but with the LR period at 20 (SMA 1) and the EMA at 5.

I've attached an IRT chart definition file that includes all the NEXGEN indicators including the Keltner Channel, MACD and added a nice Henken Ashi indicator at the bottom which reflects volume for better enteries and exits. You could add the Volume Breakdown Tool and have everything you need. Loving IRT!!!


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 Big Mike 
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RDMENDES View Post
Hi there

How do you install this in NinjaTrader?
Would appreciate very much if you could show me the steps on how to install your program
Thanks
Mendes

You are in the Investor/RT subforum. Not NinjaTrader. Two completely different products.

Mike



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