NinjaTrader JH â Indicators v1.019
Hi,
I have fixed some bugs and updated the scripts with some new features.
The PRV tool, is where the bar coloring is being done, so if you want to be able to use the color schema suggested by Spyder, you need to use this script. Bear in mind that I do not support other colors than the Black or the Red (neither OBs nor inside bars are colored differently). PRV is now much faster updating also. You may also enable or disable the automatic Gaussian drawing.
The âBarFormationsâ were completely restructured, and now I use GDI to draw the formations which should not interfere with the channel drawing (when clicking on a channel). It also supports Pennants, Lateral Formations and true Lateral Movement. All the colors are configurable and if wanted you may choose the âTransparentâ color to not show some kind of formation.
The âChannelToolâ now allows more parameters to be configured. All the colors can be changed and thanks to LostTrader suggestion I solved the problem with saving the template colors.
âJHInfoBoxâ was also improved. Itâs not perfect yet, it still needs a lot of work to do. Now it shows a info box with more information, and it tries to alert for âchangeâ situations, but very important: itâs
not âContextâ aware, so one needs to read that information only as an alert system. Currently the following situations are supported:
- IBGS Up or Down (depending on the trend)
- Increasing Range on Decreasing Volume
- Decreasing Range on Increasing Volume
- Higher High on Decreasing Volume
- Lower Low on Decreasing Volume
- Peak Volume
It also tries to take into consideration when it is in a Formation situation, for this, it needs to have the âBarFormationsâ placed on the same chart, because I am reading this info directly from that script. Also, it can now play an alert sound each time a critical time is reached (% of the chart period, for instance in a 5min period and with 20% set, it alerts when 1min left in the bar is reached). The clock now has the ability to have an offset for those in different time zones. "Simulated data feedâ is not supported yet.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1903297>
Installation:
Just import the zip file using NinjaTrader Import feature on the Tools menu.
Create new charts and add all the indicators:
- VerticalScale
- SMA20 with "AutoScale = false" and "Calculate on bar close=false"
- Pro Rata Volume v2
- BarFormations
- JHInfoBox
- DOM
- ChannelsTool
On YM you may need to change some parameters on the ProRata indicator, like the Pace lines (it's set for ES 5 min only), and the "clip" and "wild volume". "Clip" parameter fixes the scale to a specific value (it prevents volume to be always autoscaled) and the "Wild" parameter is the max PRV value that may be shown (it happens when a bar opens with high volume). Also the VerticalScale indicator may need a different "scale" value for YM (I am using 150 points for YM and 45 for ES, but it depends on the chart window too)
Finally, you may save one template for each chart (ES and YM) to help this configuration to be done only once.
I hope you find this useful,
Best Regards,