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New Indicator, Parabolic Trend Angle


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  #1 (permalink)
 i2w8am9ii2 
Honolulu, Hawaii/United States
 
Experience: Intermediate
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Posts: 11 since Sep 2014
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Hello,

Not sure if this is where I should post this, apologies if I posted in the wrong place.

Anyone here know if there is a NinjaTrader indicator that measures the angle of ascent of a trend, with the goal of finding a parabolic trend angle?

If such an indicator does not exist, I would like to request that someone consider creating it.

I'm sure many here have seen that when the steepness of a trend becomes parabolic, a reversal often follows soon afterwards.

Having such an indicator for NinjaTrader that we could use to scan through our list of markets, would certainly make life easier.

In the screenshot below, the yellow lines I drew indicate where a typical 45 degree angle trend is measured against the current parabolic trend channel angle.


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  #2 (permalink)
 ChrisJff 
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available from pivothunter.com does this


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 DavidHP 
Isla Mujeres, MX
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The problem with doing this is that the angle changes as the chart is expanded or contracted. I find that information almost worthless.

I'm not where I can look it up but I think @FatTails has one in the download section here

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 cory 
virginia
 
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ChrisJff View Post
available from pivothunter.com does this


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THE INDICATORS ARE SIMPLE IN LOOKS, BUT THEY ARE EXTENSIVE IN DATA PROCESSING. PLEASE GIVE THEM AMPLE TIME TO LOAD.

not a perfect solution


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