The Indicator Store

 The EDGE This is a very powerful setup that we can follow with just 2 indicators present on all platforms : a moving average ( the line we want to trade ) a Donchian Channel ( use to define the Logic State ) This setups has 3 possible States : Looking for a Long ( when the market is trending up ) Looking for a Short ( when the market is trending down ) Neutral ( when market is sideways or consolidating ) The logic State is as follows : When the lower line of the donchian goes above the mobing average the system starts looking for a Long : When the upper line of the Donchian goes below the moving average, the system starts looking for a Short : Then we have multiple options to define an entry using different bar patterns. Example : Setup #1 ( Classic ) the logic is looking for a long the current bar low is equal or lower than the moving average the previous bar low is higher than the moving average Setup #2 ( Advanced ) the logic is looking for a long the current low is higher than...

How to use the MACD A comparisson with the Awesome Oscillator. 1) What is a MACD ? The MACD Indicator has 3 lines, so lets go one by one : MACD = Distance between 2 Exponential Moving Averages : EMA(Fast)-EMA(Slow) Average = an average of the MACD line : EMA(MACD,Smooth) Diff = Distance between the MACD and its Average : MACD - Avg That means that when the MACD crosses the zero, both moving averages are crossing. By the sign of the MACD we can also detect if the Fast Moving Average is above or Below the Slow Moving Average. This is a method to define if the Market is going up or down. As a comparisson, the Wiseman Awesome Oscillator does exactly the same but with SMA's instead of EMA's, and the periods are fixed to 5 & 34 The Awesome Oscillator has only one line, the equivalent to the MACD, but the MACD has another two lines : The Avg is an exponential moving average of the MACD line, so its the smoothed version of the MACD. This line is sometimes useful to create the EM...

  BUILDER :  The Tool to Create NinjaTrader Strategies NEW !  -->  English Video - Video en Español Click on New, Strategy Builder... Choose a Name and click Next Click Next Here we define the Custom Series that we are going to use. By now, we can skip this section and click Next Now we add the input parameters of the strategy ; Target, Stop, Periods, and input parameters of all the indicators we are planning to use. Example : If we want to create a Moving Average Crossover, then we need : Target Stop Period of Fast Moving Average Period of Slow Moving Average After adding all the input parameters and variables ( we will cover this on future posts ) we click on Next And now we reach to the most important part of Builder ; where we create the logic. On the upper panel we add all the conditions that simulatneously must be true to trigger an action : On the Lower Panel we add all the Actions that we want to execute when the conditions abover are all true. Clicking A...

NOTE :  The previous release must be uninstalled before installing this versi on UPDATE PROCEDURE 1) Save the current workspace 2) Tools, Remove Ninjascript : Select and remove the current Markers Version 3) Tools, Import Ninjascript : Select and Install the new downloaded ZIP ninjascript corresponding to the new Markers Version 4) Restart NinjaTrader without saving the workspace List of Changes/Additions/Fixes [ 7:29 PM ] Markers Logic [ 7:31 PM ] The "Logic to Analyze" now supports negative numbers anywhere ( including after a multiplication or after a parenthesis ; 2 * -3 or 3+ ( -5 * 3 ) ) [ 7:32 PM ] It also supports unlimited nested parenthesis levels : close[0] > hma[0] + ( atr[0] * ( 5 + ticksize * 2.5 )) [ 7:33 PM ] The Alert Option was included ( this was the only option missing to fully replace the AND indicator [ 7:34 PM ] Markers Paint [ 7:35 PM ] All the features on MArkers Logic are now present on Markers Paint [ 7:35 PM ] The bug avoiding painting var...