#nt8

New Post has been published on http://patternsmart.com/wp/multi-time-frame-mtf-trend-4-in-1-indicator-for-ninjatrader-nt8/

Multi Time Frame MTF Trend 4 in 1 indicator for Ninjatrader NT8

Price can be up trend and downtrend simultaneously in different timeframes.

Experienced traders know the importance of looking at Multiple Time Frames. Analyzing multi time frame chart allows trader to have a greater view on the price action.

This MTF trend indicator shows the trend of current time frame and 3 higher time frames in a single chart. In addition, it will check the consistence of all 4 time frames.

The green dots represent uptrend, and the red dots represent downtrend.

The 'trend period' is used to measure the direction of price within the given number of bars.

The dots of value 1 at the bottom is the trend of 'timeframe 1'

The dots of value 2 is the trend of 'timeframe 2'

The dots of value 3 is the trend of 'timeframe 3'

The dots of value 4 is the trend of current timeframe.

If current and 3 higher time frames are in the same direction, the dots at the top will appear.

Otherwise, there will be no dots at value 5.

'timeframe1' 'timeframe2' and 'timeframe3' must be higher than current timeframe, if your chart is 15min, 'timeframe1' 'timeframe2' and 'timeframe3' must be 20min or higher.

It will highlight bars when trends are inconsistent in different timeframes.

You can change the highlight color, or disable this feature.

The highlighted bars represent the situation where price may change its direction from previous trend, or in a short-term adjustment.

Due to the nature of MTF, the plots from higher timeframes may vary before the related higher timeframe bar is closed. For example, the following chart used 3-hour as TF3, assuming the 3-hour bar is start from 9:00 and end at 12:00, then the color of dots inside the box may change between 9:00 and 12:00. After 12:00 the 3-hour bar is closed, then the color of dots inside the box is fixed, it won't change anymore.

New Post has been published on http://patternsmart.com/wp/true-center-band-tcb-indicator-for-ninjatrader-8-nt8/

True Center Band (TCB) indicator for NinjaTrader 8 NT8

This is the NinjaTrader 8 NT8 version of True Center Band (TCB) indicator If you have purchased NT7 version, you can get it for free.  

You might wonder, is there an indicator can show the trend, different levels of support and resistance, and the boundary of price action? The answer is yes, True Center Band (TCB) indicator is capable of doing all of them.

It consists of one center line to measure the center of price range within a given period, and three channels (bands) represent different support and resistance levels.

True Center Band may look like some other indicators, such as Center of Gravity (COG) and polynomial Regression Channel (PRC). But there is one major difference, TCB never repaints, because it is not calculated by future data. Reliability makes TCB looks good, works better.

True Center Band is specially designed to work on all intraday charts (tick, mins, renko, range, etc.) and daily chart. It also works on all markets (Stocks, Futures, Forex, Options,ETF, etc.)  

For more details please check the NT7 version description. http://www.patternsmart.com/cart/index.php?route=product/product&product_id=311&search=tcb

New Post has been published on http://patternsmart.com/wp/flow-of-fund-fof-indicator-for-ninjatrader-8-nt8/

Flow of fund (FOF) indicator for NinjaTrader 8 NT8

This is the NT8 version of Flow of fund (FOF) indicator Get it from: http://www.patternsmart.com/cart/index.php?route=product/product&product_id=364 Flow of fund (FOF) simply refers to the direction of money in the market. FOF indicator shows how the flow of funds impacts market price. The idea of this indicator is very intuitive, prices raise when cash flowing into the market and drop when cash flowing out of market. The calculation of FOF involves three basic but the most important elements of the financial market: TIME, PRICE and VOLUME. Flow of fund indicator consists of two parts:

HISTOGRAM shows the total amount of money get in or out of the market within 1 bar.

If selling pressure is stronger than buying pressure, it will be a red bar,

otherwise, it will be a green bar.

Two Flow of fund trend lines, indicating the short and long term movement of money flow.

Fast trend line uses a shorter period of time.

Slow trend line uses a longer period of time.

The length of period of both trend line is adjustable by user.

The orange line in the images is slow FOF, the blue line is fast FOF. It works within all time period (Tick, Minutes, Daily, Weekly, Monthly) with VOLUME.  

            Related articles:

Prices always follow the Flow of fund, how to use the flow of fund indicator.

The role of flow of funds indicator in day trading.

New Post has been published on http://patternsmart.com/wp/super-scalper-indicator-for-ninjatrader-nt8/

Super Scalper indicator for NinjaTrader NT8

Just converted this Super Scalper indicator to ninjatrader NT8 Super Scalping is the essence of the forex indicator to transform the accumulated history data. Super Scalping provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can assume further price movement and adjust their strategy accordingly.

New Post has been published on http://patternsmart.com/wp/multi-time-frame-mtf-rsi-indicator-for-ninjatrader-8-nt8-free/

Multi time frame (MTF) RSI indicator for NinjaTrader 8 NT8 FREE

This indicator is free to use.

With this MTF version RSI, you can apply any time frame of RSI to your current chart.

You can have RSI for 15 or 60 minute on your 5 minutes chart, or having weekly  RSI on Daily chart.

As long as the secondary time frame is greater than the primary time frame.

New Post has been published on http://patternsmart.com/wp/multi-time-frame-mtf-moving-average-ma-indicator-pro-ninjatrader-8-nt8/

Multi Time Frame MTF Moving average MA indicator Pro Ninjatrader 8 NT8

This Multi Time Frame Moving average MTF MA indicator includes the following moving average type: SMA, EMA, WMA, DEMA, HMA, TEMA, TMA, VWMA. Get it now:  MTF MA Pro ver. NT8

You can use all the following timeframes:

Please make sure you load enough number of days. If it doesn't plot on chart, just load more days.

You can apply more than one MTF MA indicator on chart with different MA type and timeframe.