Showing posts with label mtf. Show all posts
Showing posts with label mtf. Show all posts

Monday, September 28, 2020

Free Multi Time Frame MTF Open High Low Close Volume OHLC indicator for Ninjatrader 8 NT8.

This free Ninjatrader 8 NT8 indicator will display the Open High Low Close (OHLC) and Volume info as label on chart, you will be able to choose the location where the label to show up.

The input MTF is the number of minute you want to use for the OHLCV data, for example, if you want to display Open High Low Close and Volume of 5 minutes chart on a 100 Tick chart, then enter 5 for input MTF. The label will be shown on chart as the pic below:

 

You can use it on any chart type.

The free version only support minute as additional Multi Time Frame MTF data.

Please download it from:

https://drive.google.com/file/d/1P9fNaMnLo_99c1nNByRSyt_slf8__Wwl/view?usp=sharing

Please contact us if you want to customize this indicator or need to create any customized indicator on any platform.






 

You can also use more than one of it on chart to display Open High Low Close Volume OHLC from different minute data, as shown in the chart below, it used 2 instances of this indicator to display both 30 Minute and 1 Minute OHLC info on a 5 Minute chart.

 


Tuesday, October 31, 2017

Multi Time Frame MTF Correlation Coefficient indicator for tradingview

Multi Time Frame MTF Correlation Coefficient indicator

This indicator shows the Correlation Coefficient between the four input symbols and current chart symbol over the corresponding timeframe and period inputs.




You can input four symbols with different aggregation and period settings.
The period input is the number of bars used to calculate the correlation coefficient.




How to Read the Correlation Coefficient indicator

Each dot shows the correlation coefficient between the two symbols over the corresponding timeframe and period inputs. The following categories indicate a quick way of interpreting the table values. Note that a negative correlation means the two currency pairs correlate in the opposite directions (e.g. when the price for one goes up, the other one goes down and vice versa)



  • Positive 0.0 to 0.25 weak correlation, shown as small cyan dot.
  • Positive 0.25 to 0.5 Moderate correlation, shown as medium light blue dot.
  • Positive 0.5 to 0.75 Strong correlation, shown as big light blue dot.
  • Positive 0.75 to 1.0 Very strong correlation, shown as large blue dot.
  • Negative 0.0 to 0.25 weak correlation, shown as small orange dot.
  • Negative 0.25 to 0.5 Moderate correlation, shown as medium orange dot.
  • Negative 0.5 to 0.75 Strong correlation, shown as big purple dot.
  • Negative 0.75 to 1.0 Very strong correlation, shown as large red dot.

You can also change the plot style to meet your needs.










Monday, April 24, 2017

Multi Time Frame MTF Dinapoli MACD predictor indicator for tradingview

Multi Time Frame MTF Dinapoli MACD predictor indicator

Dinapoli macd predictor is a trending indicator that give you not only what direction a forex pair is moving but also how volatile the price is. When the Forex market starts giving new max or minimum level values, the Dinapoli macd predictor follows the price trend direction and pullsup the level of quit from the currency market . Stops should be applied where they are for a purpose, and in that case, should not be changed.

The whole idea behind a practical trading plan is to keep it as simple as possible.

There are two main advantages to its use.

1. You are able to determine, one period ahead of time, what price will cause the MACD to turn from a buy to a sell or visa versa. It is a cousin to the Oscillator predictor. If you take a position you know right then and there, the exact price, the current and next (future) bar will need to achieve for the MACD to cross. You can also literally see the distance the market has to go, before your current position is either helped or hindered by the force of the next MACD cross. You can do this in all time frames, as the predictor updates in real time.

2. You are able to determine the "Dynamic Pressure" on the market by clearly observing price action with the MACD Predictor history, superimposed directly on the bar chart. Dynamic pressure refers to how the market reacts to buy and sell signals. If you get a 30 minute sell on the MACD and the market goes flat for example, you know right then and there that the next buy signal is apt to be a big winner! This was something I would regularly do with the standard DiNapoli MACDbut now it is so much easier to see!