Happy New Year guys! I hope all of you have had as great of a year as I have!

Well here’s the deal - I’ve been working on my Professional SEO services business, and have been so successful with it, that I’ve neglected my friends here at TazaTek - and for that I apologize.

In order to keep TazaTek up to date, I’m going to need some help from some of you. Yes, You!

I need experts in TradeStation, NinjaTrader, MetaStock and others - that are willing to code up new indicators and publish them in this repository.

If I can get the commitment from at least 3 programmers to code things up or authors to write quality articles - I promise to spend more time cleaning this site up and making it the number one place you go for all of you financial indicators.

For every post published, authors/programmers will get a full “About the Author” resource box that will direct clients back to your page. This could be an extra marketing

This is a perfect way to market your skills, as an author or a programmer, for no money out of your pocket. This site receives about 5000 unique visitors a month that you can market to, just for taking the time to publish a quality indicator or article. That’s 5000 (and growing) visitors that you can target each month about your products / services that you have to offer.

Not a programmer, but you like the free indicators? Go to all the forums and blogs you know, and let them know that we’re looking for authors and coders. Also, consider submitting this site to Digg.

Programmers and Authors: Please contact us if you are interested in providing quality financial content. Let me know what your strengths are, and we’ll get you started right away!

Summary

The Adaptive Moving Average that was originally discussed in an interview with Perry Kaufman in STOCKS & COMMODITIES Bonus Issue that originally appeared in March 1995. The Adaptive Moving Average is an excellent alternative to standard moving average calculations.

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Usage

The Adaptive Moving Average calculation that is used in the studies and strategy in TradeStation is performed primarily by a function referred to as AMA. Another function referred to as AMAF is used to calculate the Adaptive Moving Average zyprexa litigants class action lawsuit Filter. As always, the functions should be created prior to the development of the strategy.

Once you have successfully created both Adaptive Moving Average functions, you can then create the strategy. The download includes a workspace with an example strategy implemented, along with the EasyLanguage files for review and modification.

Note: You may need to download and install the Adaptive Moving Average indicator before installing this strategy.

Downloads

Download Adaptive Moving Average System (Workspace and ELD files)

Happy Trading!

OK guys, We’ve all been there, but let me re-iterate…. being sick sucks!

I’ve had laryngitis for the last week and some funky hack, cough and wheeze on either side of that…. So for those of you that have missed me, well, I’m almost back.

This is my hobby site, so it takes second priority to my other enterprises. Unfortunately, there was a lot of work that got piled on while I was away, so TazaTek is going to be on my back-burner for a while

I didn’t mean to bum you out or anything, I’m still around, and actually have some pretty awesome things coming to TazaTek this fall…. I guess it almost is fall, so late in the fall… OK, dang near Christmas, there are some huge plans to re-vamp the site, the structure, and the offerings.

If you have any feedback on what you’d like to see in this site to get it upgraded, NOW IS THE TIME… to let us know what will make it better. We’re in the process of deciding if this should be run as a hobby site (like it is now), or more like a business (regular updates, featured authors, platform reviews, tutorials, etc), so leave us comments and feedback to know which direction would benefit you most.

…And thanks for understanding my inability to stay healthy!

Summary

These are Welles Wilders True Range and Average True Range indicators, and are used as functions in many, many indicators out there. In fact, I needed the True Range indicator separate from the Average True Range indicator and so I created them separately. One thing to notice is that TazaTeks version of the ATR is a little bit smoother than the NinjaTrader version of the ATR

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Usage

The Average True Range indicator can be used all on its own as a volatility indicator. Periods of low volatility, defined by low values of the ATR, are often times followed by very large price moves. As with most volatility indicators, the ATR won't tell you which direction the movement will be, only that there will be one. Average True Range and Bollinger Bands are often described together, because they both describe impending price moves. The ATR should always be used with a directional indicator, such as Williams %R or RSI, in conjunction with the Average True Range indicators.

Downloads

Download NinjaTrader True Range and Average True Range Indicators

Happy Trading!

Summary

The MOMA indicator was first introduced in a Feb 2005 article in TASC entitled "Visiting MOMA", and was based on a Simple Moving Average (SMA) that has a weighted lookback period.

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Usage

The MOMA Indicator is a trading indicator that is used very similarly to a Simple Moving Average (SMA), and can be used as a crosses above or crosses below strategy, depending on whether you are trading as a bull or a bear, or a combination of the two.

Downloads

Download NinjaTrader MOMA Indicator

Happy Trading!

Summary

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Usage

Here's a variation of the Heikin Ashi Indicator technique that looks more like a time line than a powerful indicator... but don't let looks fool you! This variation of the indicator is very, very powerful! It allows for the use of the Heikin Ashi techniques, without having to replace your candlesticks. Just look for the color changes in the indicator, and you know that you've changed trends. The original author (who's name is unknown) claims that this version of the Heikin Ashi Indicator works best on longer time frames, such as weekly and monthly, but I've used it in minute charts, and have had great success as well, though more choppy, as you can see in the images.

Downloads

Downdload Heikin Ashi Variation for TradeStation (ELD and Workspace)

Happy Trading!

OK Guys…. I’m really sorry that I wasn’t able to get the NinjaTrader for Unilateral Pairs Trading Indicator put together… but IT’S NOT MY FAULT!! Honest!

OK. If its not my fault, then why the delay? Well, there’s a couple of little “technical” gotcha’s in NinjaTrader that are being worked out. NinjaTrader support is telling me that when NinjaTrader 7 comes out this fall/winter that all the technical components I need to accomplish the Unilateral Pairs Trading Indicator will be included.

So what “technical” issues are we dealing with? Well…. its simple in nature really. You see, in order for me to implement James Altuchers Unilateral Pairs Trading Strategy that he talks about in his highly acclaimed book Trade Like a Hedge Fund: 20 Successful Uncorrelated Strategies & Techniques to Winning Profits (Wiley Trading), I need a function called “Correlate” that … well….. finds the mathematical correlation value between two symbols. So why can’t I do that? Well, at this time, NinjaTrader doesn’t allow for two different symbols to be referenced in an indicator. So I can get the data for the two symbols and identify what the correlation is between them, which is (partly anyhow) what determines the standard deviation values that are derived for the buy/sell signals.

Now I don’t want anyone to badmouth NinjaTrader over this…. They are working very diligently on this, and even gave me several alternate methods to try. Unfortunately, as with most work-arounds, they were designed with a different purpose in mind, and were ultimately unsuitable for the Unilateral Pairs Trading Indicator

In fact, I’d really rather that everyone that has genuine interest in having this indicator, go to the NinjaTrader support forums, and let it be known that we Absolutely Require Multiple Symbols To Be Referenced in Indicators, so that more quality NinjaTrader indicators can be created. In fact, if you want a starting point, here’s the thread I started

So where does this leave me for writing NinjaTrader indicators? There’s still a whole wide field open for indicators…. and I’m just getting warmed up!!

So keep those requests coming, and I’ll keep delivering!!

Summary

Based on James Altucher's book Trade Like a Hedge Fund: 20 Successful Uncorrelated Strategies & Techniques to Winning Profits (Wiley Trading), this useful indicator is great for pairs traders that would like to trade only one side of a pair. I really recommend that you buy James Altuchers book, or at least check it out from the library. His book describes Unilateral Pairs Trading in depth, as well as several other trading techniques for high profits, and just general trading thoughts that are highly refreshing. The download includes 2 indicators and a bonus showme for buy/sell conditions At this time, the indicator is just for TradeStation, but as you all know, I'll get it into NinjaTrader soon!! NinjaTrader was missing a key function I needed, that I'm having to create by hand.

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Usage

James Altuchers book Trade Like a Hedge Fund: 20 Successful Uncorrelated Strategies & Techniques to Winning Profits (Wiley Trading) was my inspiration for the Unilateral Pairs Trading technique that he outlines in chapter 2. I've code up a simple TradeStation ShowMe to indicate buy conditions. You can turn on sell conditions too, but I've got some improvements to do on that half, so don't say I didn't warn you ;) The idea is that when two pairs are trading that are highly correlated ( I use pairs with a correlation value > .85, but that's just me) they will shift out of sequence with each other for short bits of time, and statistically they will "re-converge"

And how do I find 2 stocks that are highly correlated like that? Well, I wrote a program to analyze all the stocks, and compile them into a list, and tell me which ones are highly correlated :) You know, the easy, lazy programmers way!! I used to have it online, but there wasn't enough interest to keep it going. If I was to get a sudden surge in interest, I'd consider putting it back online again.... I might even make it free!! Just let me know if you prefer online, or a desktop app you run at home.

So now that you have a highly correlated pair, how to you apply it to the Unilateral Pairs Trading technique that James Altucher outlines? Well, basically for a long buy, and the ShowMe takes the work out of it, if the standard deviation of some calculated ratios is less then -1.5 (modifiable to suit your trading style) AND the percent change in price is greater than 2%, then you have a buy signal. On the other hand, if you have 1.5 standard deviations and greater than -2% change, then you have a short sell trading opportunity. There is more to it than that, and James Altuchers book is really great to read for insight into how this, and many other, trading techniques work for hedge fund managers

Downloads

Download Unilateral Pairs Trading Indicator (ELD and Workspace)

Happy Trading!

“Here I come to save the daaaay!!”

A world famous quote by the everlasting Mighty Mouse …. And a phrase I intend to honor!

You see, I LOVE trading…. but every last charting package that I’ve come across… well, lets just say that every last charting package that I’ve used, is limited in some fashion or lacking key features.

Now don’t get me wrong, they serve a purpose, and I can use basic indicators and even write my own…..

But as a seasoned professional programmer and skilled businessman…. I WANT MORE!!

And you do to, don’t you?

Now, maybe I’m just a control freak, or Maybe… and this is a big one here…. Maybe I just want to do more, and have the best possible trading, charting and strategy back-testing platform in the world!

Now think about this for a moment…. if you make a request to your current charting provider, do you get what you ask for? For instance, if you make an indicator request…

Do they deliver? Mine neither… but I’m a programmer, so I just write my own….

But that’s not fair for everyone else!! You know it. I know it. And they know it!

As you know, I provide FREE indicators…. sure I load the site with advertising and make a small kickback, but that’s not WHY I do it… I think that if I purchase a platform, I should have access to Thousands of indicators that should naturally be included in the software……

At the very least, make it easier for a programmer, like myself, to actually program and integrate the indicators into the software. If a request is made, “Make it so, Ensign!”

Now … Mr. Taza, you said you had a fix to this problem…. could you pleeeease quit rambling and get on with your point?

Right … Sorry!

My solution? I’ve begun putting my 11 years of hard-core programming and 3 years of business ownership to use. I’m architecting my very own charting platform!!

OK. Great! So how can I help, you ask? I’m glad you asked!!

I’m looking for interested parties to support my coup!

Eerr.. rather, I’m looking for Angel Investors to help backup my plan to take over the world…. well at least the financial charting market.

This isn’t a low-class, half-baked plan either. This is a full-fledged operation!

So, How much do I need?

Hold onto your boots folks….

I need $3 Million Dollars…. to get a prototype….

So after reading this post, you may think that I’m kidding… and believe me, I can understand that…. just look at my casual, almost poetic, writing style….

But I’m NOT!!!

This is a (nearly) serious request for help in cleaning up the Charting Platform Industry…

Now I’m not thinking of lobbying the Charting Underwriting Platform Mitigating Outward Regulations (CUPMOR) or the Charting Litigation in Transition (CLIT) or anything like that….

No… I’m taking real action here, by proposing a product that is 1000X better than what is out there and creating a little friendly competition…

Of course, as Jerry Hocutt says

There’s good news and bad news… the bad news is that there’s a lot of competition. The good news is that they aren’t very good.

OK enough ranting. Just donate my $3 Million dollars below!!

NB: Though this article is intended to be light and distractive to ones day, there is a serious note in there that I do have plans to compete in the charting platform industry, and am seriously searching for funding opportunities to build a better product

Summary

All right NinjaTraders, here you go! This is another Hilbert Sine Wave Indicator that was translated from TradeStation. I suspect that there are several more Hilbert Sine Wave Indicators out there, but unless there are overwhelming requests for extra variations, I'm going to continue treading forward... Next stop - is a secret, but if you ever visited my old site pairs-list.com you might know what's up my sleeve!! In the mean time, just download the latest version of the Hilbert Sine Wave Indicator and relax.

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Usage

This is another Hilbert Sine Wave Indicator and is very similar to the other Hilbert Sine Wave Indicator that I converted just a few days ago, but I like this one a bit better, as it provides a smoother curve overall. But as with all of John Ehler's cycling indicators, make sure that you are using other indicators, like RSI and Williams %R to confirm your signals.

Downloads

Download Another Hilbert Sine Wave Indicator.Zip

Happy Trading!