Archive for the 'Forex Indicators' Category
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
OK, this one is specifically for TradeStation users, and includes both the ELD file and a usable Workspace. This indicator is another Hilbert Sine Wave Indicator, but with a slightly better smoothing factor.
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Usage
I recommend that you use this Hilbert Sine Wave Indicator just like you did the other Hilbert Sine Wave Indicator that I posted a few days ago. This smoothed out version of the Hilbert Sine Wave Indicator creates less whipsaws than the other version I posted, and 1000X's less whipsaws than John Ehler's original Hilbert Sine Wave Indicator. As with all of John Ehlers cycle - trending indicators, it is imperative that you use them in conjunction with other indicators, such as RSI and Williams %R to properly identify profitable trends.
Downloads
Download Another Hilbert Sine Wave Indicator.Zip
Happy Trading!
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!
Summary
This is the Heikin Ashi Indicator for TradeStation (ELD and Workspace included). If you aren't familiar with the Heikin Ashi Indicator, then take a look at the comparison screen shots that I have below. The upper chart has the Heikin Ashi Indicator applied to it, while the lower chart is a standard candlestick chart. For more information on the Heikin Ashi Indicator check out either this Investopedia Article or this Investopedia Definition
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Usage
The Heikin Ashi Indicator is used by technical traders to identify a given trend more easily. The Heikin Ashi technique should be used in combination with standard candlestick charts, as well as other indicators, to provide the technical trader the information needed to make a profitable trade.
Downloads
TradeStation Heikin Ashi Indicator (ELD and WorkSpace)
Happy Trading!
Summary
All right all you Happy NinjaTraders, here you go, just 12 hours after my first release of the Hilbert Sine Wave Indicator and I have another version out. This is the original Hilbert Sine Wave Indicator, as translated from John Ehlers book Rocket Science for Traders: Digital Signal Processing Applications. In this version of the Hilbert Sine Wave Indicator, you'll notice that it is a lot choppier than my first version that I posted, but notice on page 104 of John Ehlers book, that his example was also choppy. I think that is why there are so many versions out there of the Hilbert Sine Wave Indicator, to try and smooth some of the choppiness and get more defined buy/sell signals. Commercially, I believe that there are many proprietary blends available for other trading platforms, but none for NinjaTrader that I am aware. For prosperity sake, this version of the Hilbert Sine Wave Indicator is priceless!
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Usage
Rocket Science for Traders has an entire chapter on how the Hilbert Sine Wave Indicator works and should be used, so I won't even try to explain things the way that John Ehlers does, but I would recommend that you buy his book for an excellent and in-depth explanation of the Hilbert Sine Wave Indicator. This indicator is both a trending and a cycle measurement indicator, and as with any other indicator, should be used in conjunction with other indicators.
Downloads
Original Hilbert Sinewave Indicator.Zip
Happy Trading!
Summary
OK Guys... Ask and you shall receive!
I had an overwhelming series of requests for the Hilbert Sine Wave Indicator .... so here it is, and to my knowledge, it is the only Hilbert Sine Wave Indicator available for NinjaTrader.... So you saw it here first :)
.... but before you head down to the bottom of the page and download the Hilbert Sine Wave Indicator, I'd like to take just a moment of your time, if you don't mind... if you do, just skip down and download the Hilbert Sine Wave Indicator.
Now... for the rest of you, I'd like to thank you for informing me of the power of NinjaTrader. No seriously. I had heard of it in passing, but never had used it. Shame on me! I really like it. And converting TradeStation's EasyLanguage to NinjaTrader is a breeze!
So this is why I wanted you to stick around.... I want to help the NinjaTrader community grow.... and I mean grow BIG! Like with a capital BIG! The only thing that I've heard of that is slowing down the growth of NinjaTrader, is the lack of indicators available .... This is where you come in! OK, are you ready?
Make a Request!
That's right, all I need of you is to request your favorite indicator. If there is TradeStation code for it, I can have it up online in a few days.... if there's a book or webpage that describes it.... well it could take longer... the more information that you give me, the better, and the faster that I can get it up online for the entire NinjaTrader community to enjoy! So go ahead and browse through the screenshots and see what you think. I was so excited to get this indicator up that I didn't write an instruction file to go with it, so if you need any help with it, let me know!
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Usage
OK guys, I was so excited to get the Hilbert Sine Wave Indicator out the door, that there isn't even a help file included with it. Don't worry, I'll get one for it this weekend. In the mean time, just download the Hilbert Sine Wave Indicator below, and use the NinjaTrader import facility to import the indicator. Then include the indicator the same way that you would any other indicator. The name of the indicator is TazaHilbertSineWaveInd (no use of hyphens or underscores, so I did the best I could). Any how, if you're not familiar with this indicator, the Hilbert Sine Wave Indicator was invented by John Ehlers. The book that I'm familar with him writing on the subject is Rocket Science for Traders: Digital Signal Processing Applications which also includes a lot of EasyLanguage examples that I can translate to NinjaTrader, if you make your requests! (Hint, Hint!!).
Downloads
Taza_Hilbert_Sine_Wave_Indicator.zip (NinjaTrader)
Happy Trading!
Summary
This is the TradeStation code (ELD and Workspace example) for the Distance Coefficient Ehlers Filter as discussed in John Ehlers book,
Rocket Science for Traders: Digital Signal Processing Applications.
The Distance Coefficent Ehlers Filter is a type of filter in the non-linear FIR (Finite Impulse Response) filter class. This type of filter is great for filtering out pricing data that isn't stationary. ie, cycling.
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Usage
the Distance Coefficient Ehlers Filter as discussed in John Ehlers book,
Rocket Science for Traders: Digital Signal Processing Applications
can be used similarly to the SMA (Simple Moving Average) or the EMA (Exponential Moving Average). There is more to it than that, but the details are better understood by reading his book. I've found the Distance Coefficient Ehlers Filter to be much more responsive than either the Simple Moving Average, or the Exponential Moving Average, but it also has to do with the stationary vs non-stationary response that the stock is undergoing. I really cant do the book justice. Read the book and make a buck :)
Downloads
Distance Coefficient Filter Indicator (ELD and Workspace)
Happy Trading!
Summary
The Delayed Channel Breakout Strategy appears to have first originated from an Angus Jackson and later converted to TradeStation by an unknown author
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Usage
The Delayed Channel Breakout Strategy is an easy to use strategy that buys and sells based on channel breakouts (hence the name). Essentially, just buy when it says buy and sell when it says sell. I always use other indicators to make sure that the Delayed Channel Breakout Strategy is still in check though.
Downloads
Delayed Channel Breakout Strategy (ELD and Workspace Files)
Happy Trading!
Summary
The DBS Where Indicator, also known as Dynamic Breakout System Where Indicator, is a modification of the original Dynamic Breakout system, designed by George Pruitt for Futures Magazine in 1996
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Usage
The DBS Where Indicator is a variation of the Dynamic Breakout System (DBS) Indicator that was originally written about by George Pruitt for Futures Magazine in 1996.
Downloads
DBS Where Indicator (ELD and Workspace)
Happy Trading!
Summary
The DBS March Strategy is an interesting strategy that has show itself to be very profitable
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Usage
The DBS March Strategy is extremely profitable for long term trades, but unfortunately, I don't have any information on how to tune the 20 or so inputs. If you have any extra information on the meaning of the inputs to the DBS March Strategy, leave a comment below so that others may also enjoy this wonderful indicator
Downloads
DBS March Strategy (ELD and Workspace )

















































