Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Hi guys,
I use an useful indicator with metatrader 4 that ninja trader doesn't have.
Works like a support,resistence,moving average indicator, all in one.....
The name is BBANDS DOTS MTF, multi-timeframe,
I put on range 2 chart but I set bbands dots mtf based on range 4 and 5.
the indicator I attached is for METATRADER 4.
I'll attach every indicator I use and EA for have range bars on metatrader.
I explain to you step by step:
1-Open new chart usdjpy 1min
2-Attach "range bars ea 2 pips" and
3-In EA options set "BarsRange" 2 and "TimeFrame" 2
4-Open offline chart, and open usdjpy,m2
I cannot find the formula for the Bollinger Bands within the code, so I do not know how that animal is exactly built.
But this is what you can do:
Open a range chart with NinjaTrader and add the anaSuperTrendU11, then modify the settings as per below
Baseline Smoothing: Ehlers
Offset Type: Standard Deviation (this is what is also used by the BBands)
Baseline period: 21
Offset multiplier: 3.0
Offset period: 6
The result will not be an identical indicator, but it will show a similar behaviour. You can now try different parameter settings and combine them with one of the 29 different moving averages for the baseline.