Favorite Indies

[Ninja_On_The_Roof]

5 hours ago, RichardGere said:

Thank you again for re-posting the files. Do appreciate your feedback on your favorite indicators. It is very helpful for us fellow traders.

BTW I just found out the indicator DTS Map that you mentioned is actually from the file QuantumLeapTrading.

Here is the link to the post for QuantumLeapTrading

 

Yes, it also comes from some other files Posted. I just forget the exact files. It just has different color, bright blue and pink instead of red and blue. The signal one would be a cross instead of a dot.

However, I don't use the signals or the stop ones.

Just a quick tip using these 2.

 Let's say you are already in a short position, however, the Map is now beginning to show that there might be a chance in direction (dark red), look at your other indicator, the L, if the blue line is still hanging in the bottom, you would then continue to hold short. Unless of course, the blue line is now also curling upward and getting ready to cross with yellow.

In my study of these 2. The Map is pretty accurate. It reacts to ever twist and turn responsibly and fast.

Of course, if you desire, you might add the other indicator from same folder of RightLineTrading, it is called "3 line".

 

 

 

Edited 12 hours ago by Ninja_On_The_Roof

[Ninja_On_The_Roof]

5 hours ago, TickHunter said:

It's a tbar chart at 18 but I don't think they work on the latest version of NT8. You may have to rollback your NT8 version if you want to use them. 

Tbar does show up in my latest version of ninja.

If I remember, Tbar also comes from that DynoTrading dude.

It is kinda dangerous though to me trading Tbar, as it doesn't really reflect the actual price. "Fake" price movement.

Edited 12 hours ago by Ninja_On_The_Roof

[TickHunter]

I've compared my fill price Tbar vs. renko bars and Tbars always give me a slightly better fill price. They also only change direction on a doji candle which makes spotting reversals a little easier. Everything is personal preference but I seem to trade better using Tbars, though I don't dislike using renko bars.