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

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.

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!

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

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

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!

Screen Shots

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!

Well now I’ve done it! And as an active NinjaTrader user, you’re probably thinking,

“Yeah! You’ve been putting up these great trading indicators for TradeStation, and the like, but, none for NinjaTrader! What gives?”

UPDATE (07/17/2008): TazaTek has just uploaded the first-ever Hilbert Sine Wave Indicator available for NinjaTrader!!! Go download your very own copy of the Hilbert Sine Wave Indicator

And you’d be right! My fault completely. And I sincerely apologize! And to make it up to you, NinjaTrader is my next focus in the coming weeks, But I need your help!! You see, I’m a programmer by profession, and a trader on the side. You on the other hand, make a living and lots of money by trading and maybe you’ve done some NinjaTrader programming on the side. My point is that you know what indicators are going to make you money, but you don’t have the foggiest idea of how to program them. And me on the other hand, knows how to program them, but I don’t have a clue of which ones are going to make you money.

And this is where you come in

I need you to give me better direction on where you need me to start programming free NinjaTrader indicators. You see, my goal is to make TazaTek the number one, Free Trading Indicator site, in the world, and have indicators for all the major platforms. And after looking through my site logs, there was an overwhelming response from the NinjaTrader crowd that you guys are actively looking for NinjaTrader Indicators. You’re the type that would even pay good money for them, but I’m going out of my way to make the indicators free for you, all you have to do is tell me what NinjaTrader indicators you need!

That’s it. It really is that simple. You see that little button down below that says, “Request a platform” ? ( I know, I should add a button that says “Request an Indicator”, but do you want free NinjaTrader indicators, or do you want more buttons on the site? Yeah, I voted indicators too.) Well if you click it, you can write a note about which indicator you’re wanting, and let me know that you are one of my NinjaTrader buddies, and I’ll get it processed and out the door faster than you can say “NinjaTrader Rocks!” Alternatively, if that button isn’t working (as can happen with websites occasionally), I provide my handy backup link to my contact form.

Now, I know that this is getting you real excited, and you just want to fire off a bunch of indicator requests (that I highly encourage, by the way), but give my just 10 more seconds of your time. If you are this energetic about getting free NinjaTrader Indicators, then I’m most certain that you have a trading buddy that is also excited about the prospect, so why not use the other button below so cleverly labeled “Tell a Friend” and let them know about this site! And the good news to them is that I don’t even see their email address when you tell them about this page.

And if you really like this idea of free ninjaTrader indicators, then go ahead and tell the forums that this site is alive and kicking, and we’ve been working feverishly on this site for 3 weeks (still in infancy), and we’re running in overdrive to put this site into it’s prime.

OK. I told you only 10 seconds, and I know that you’re excited to request your favorite NinjaTrader indicator, so go ahead and click the “Request a Platform” button below now…. Operators are standing by…