The Indicator Store

PM_ATR_BarColor Strategy for NinjaTrader The last changes on the ATR_BarColor Indicator have been defined after testing several automated instances of variations on the logic. The final result is the PM_ATR_BarColor_v2 which is now ready to the public. Note : The version 2 refers to the indicator version it is using. This final release of the PM_ATR_BarColor Strategy has the following features : User defined Target and Stop User defined Time to Start and Time to Stop Auto Exit of Positions at Neutral ( Yellow ) State Money Management Module The Auto Exit Feature allows to use Big Targets, and the system will get out at first yellow signal, where a possible reversal can happen. Example Chart with all debug info turned on ; Vertical Lines at Entry signals Markers of the Upper, Lower MutiTrail Lines Text info after each trade ; xxx/yy where xxx is current daily PnL and yy is the consecutive loser count. On this chart we can see the las...

TIS_ATR_BarColor Indicator for NinjaTrader Update Since the release of the ATR_BarColor Indicator ( see previous post ), I’ve been experimenting changing some parts of the logic and adding different conditions to improve the performance of the signals when trading this indicator as an automated system. Lets make a review of how this indicator works ; As we have described before, we are using a well known trailing indicator, known as SuperTrail, SuperTrend, MultiTrail, etc as a complete trading system, with entries, exits and reversals. On the following example we can see the standard TIS_MultiTrail Indicator showing an up trend ( blue bars ) changing to a down trend ( red bars ) when the lower blue multitrail line is broken. The bear move finishes when the red upper multitrail line is broken. Used as Trailing stop, we exit the Long position on “A” and exit a Short Position on “B”. If we want to use this Indicator as Trade Setup, now we need an entry signal. The mo...