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

Screen Shots

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

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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.

Screen Shots

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

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.

Screen Shots

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 :)

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Distance Coefficient Filter Indicator (ELD and Workspace)

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Summary

A highly profitable and extremely simple system that indicates a buy for 'Data1' when 'Data2' crosses a moving average. The Data Cross Indicator has achieved a profit factor of over 14 in several back test that have been run. Not bad for a moving average, eh?

Screen Shots

Usage

Buy and sell signals from symbol 1 when a moving average crossover happens in symbol 2. I personally have found the data cross indicator most useful to use a major index for symbol 2 and the symbol I'm wanting to trade as symbol 1, but that's just my personal preference.

Downloads

Data Cross Indicator (ELD and Workspace)

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Summary

Buff Dormeier has given us two averages for the price of one. The first is a volume-weighted average, the second is a simple two-line volume-weighted average.

Screen Shots

Usage

The single-line Buff Average has two inputs: price and length. The price input is the value used in the average calculation, and the length input represents the number of bars that should be used in the average calculation.

The two-line volume-weighted average has three inputs. The price value that should be used in the average price calculation. The 'FastAvg' is used to indicate the number of bars to use in the fast volume-weighted average calculation. Finally, the 'SlowAvg' is used to indicate the number of bars to use in the slow volume-weighted average. A simple alert will fire off when the two lines cross.

Downloads

Buff Averages (ELD and Workspace)

Happy Trading!