The Indicator Store

Hello everyone ! Most of you may already know the Supertrend Indicator, it has been available for most platforms including Ninjatrader. There are several versions, some of them free and including different calculation modes. It is basically a trend detection systems very useful also for trailing stop management purposes. On the following chart we can see the trend changes indicated by arrows when the line is calculated with the default settings ; an HMA(14) and a multiplier of 2.618 and on the following chart, the HMA is changed by the Median ; Using an SMA : Same SMA, but changing the multiplier from 2.618 to 1 As we can see, this is a very flexible and powerful indicator to define trend and reversals. If we are in the Market, the indicator can be used to keep the trailing stop slightly below its line. If we are looking for an Entry, once a trend change is detected ( red and blue arrows are painted ) we have several options : Enter at Marke...

Hello Traders, The topic for today is the PRC ( Polynomial Regression Channel ). What is, and how can be used the PRC ? There are hundreds of sites, mostly mathematical sites where we can get a lot of info about it. This is a brief summary : When we have a series of data points ( price bars ) and we want to find a formula that best fits all points of the analyzed data set, we can use a linear regression : Where Y = a.X + b ( picture from wikipedia ) and it represent all the data points by a straight line. This is the more elemental and easy to calculate... but with more error. If we increase the degree of the polynomial to 2, then we get a parabola ; Where Y = a.X 2  + b.X + c ( charts generated with arachnoid page ) This kind of polynomial is always predicting a turning point ( polynomials with odd degree ( 1, 3, 5, etc ) will have the starting point and ending point with same trend ) So, for trading analysis, most people us...

Hello Traders, Following our plans to upgrade all our PMS Systems to the last version, as shown on  PMS_Reversal System for Ninjatrader Upgrade We are prod to announce that our 3 Setups ; EMA , SRS and Reversal are upgraded to the last version including Position Management and Money Management . About the PMS Systems The PMS Systems are an integration of a Setup Indicator and an Entry Technique . As we know, Ninja do NOT allow to use Chart Trader on a Chart were we have a strategy applied... To solve that issue, we developed the PMS Systems ; that integrates an indicator and a strategy... The indicator is applied to the Chart, and it calculates all the trade Setup and Entry Price. Once the Indicator ( PMS_SRS , PMS_EMA or PMS_Reversal ) is applied to the Chart, we get the following toolbar, with indications of the name of the Setup ( EMA on this example ), Enable Next Long , Enable Next Short and the name of the ATM to be used on Orders. T...

Hello Traders ! We all know that one of the Key Factors to success on any Setup is the Money Management. So we decided to upgrade all our PMS Semi/Full Auto Systems adding this feature. Even being the PMS's Systems originally focused to Manual Trading with Automatic Assisted Entry, when we trade several setups at the same time, it turns complicated to keep track each Setup Performance. The first Setup Upgraded is the PMS_Reversal , currently on version v4b : On the following Picture we can see Both New Input Parameters : If current Daily Profit or Daily Loss exceeds those input parameters. no more orders will be issued by the rest of the session, or until the user change the parameters. Example with a Daily Limit Profit of $500 Another additional feature asked by several traders is the Delayed Entry Order Cancellation. On the following days, the rest of the PMS Systems ; EMA, SRS will include the Money Management Feature. Stay tuned for more F...