Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

wsam29

TTM/DDF Value Chart

Recommended Posts

Hi-

I've looked all over I could not find any code for QuoteTracker.

 

If someone could forward me the QT code and/or Psuedo-code, i can try to code it and make it public as well.

 

Please help.

 

Thank you.

Share this post


Link to post
Share on other sites
Has anyone been able to create and Valuechart ELD for the TS radarscreen? I have search these forums, but cannot find anything

 

 

how would you like it done?

can you post a mock up to illustrate?

Share this post


Link to post
Share on other sites

One that woudl display the current value, and then have alerts for the + - 8 would be awesome. it woudl be great to have it display both the sixty min and daily time frames as well. i often fade those time frames on the various currencies.

Share this post


Link to post
Share on other sites
Is possible to convert the Code "value chart- indicator" to "value chart - system"?

 

 

the short answer is YES.

 

 

Anyone can to do this?

Thank you.

 

 

what do you propose?

Share this post


Link to post
Share on other sites
Tams,

Is possible to do a Code for system in ELD?

 

Thank you.

 

 

ths short answer is Yes

it is possible to code a system

what you need is the specifications

 

you can start with a flow diagram

 

here's an example

 

LampFlowchart.svg

 

http://en.wikipedia.org/wiki/Flowchart

 

.........................................................................

Edited by Tams

Share this post


Link to post
Share on other sites
Tams,

please can you post teh code here.

 

Thank you.

 

 

no, I don't have the code... so I have nothing to post.

you need to do a bit more homework.

 

 

You asked if the code can be coverted to a system...

the answer is yes.

 

You asked if the system can be coded in ELD...

the answer is yes.

 

 

please see my post #109.

 

you need to do a bit more homework.

what you have posted in #107 is nice...

but does not say much about what, where, when and why.

I can help you with the "how".

Edited by Tams

Share this post


Link to post
Share on other sites
Are there any special settings to get these to work (the ones available for free from the tradethemarket.com site)?

 

I have installed the ELD and also the workspaces per instructions.

 

TTM DDF Automatic works perfectly. However, The TTM DDF Value Chart never appears (although you can see it is inserted into the chart window). I have attached a chart.

 

Any help is appreciated.

 

can you please tell me the name of the indicator on the price in this picture creating support resistance?

 

thanks

regards

Share this post


Link to post
Share on other sites

I have been using this indicator for several weeks, but still can't make a good exit strategy for it. As we all know, open the trade when +-8 on value chart, but how did you close the position ? Any suggestion ? By the way , i have read the book "Dynamic trading indicators" The author just use 25 and 75 MA cross to close the position, but i think it's too rough.

Share this post


Link to post
Share on other sites

Hi

 

Thanks for posting this code its a really handy indicator, I was wondering if someone could help me mod the code please, i would like the bars that's are above or below 8 to change colour to red or green.

 

If the bar is -8 or lower i would like it green and if its +8 or higher i would like it red

 

I would appreciate any help

 

#region Using declarations
using System;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.ComponentModel;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Gui.Chart;
#endregion

// This namespace holds all indicators and is required. Do not change it.
namespace NinjaTrader.Indicator
{
   /// <summary>
   /// Enter the description of your new custom indicator here
   /// </summary>
   [Description("Enter the description of your new custom indicator here")]
   [Gui.Design.DisplayName("a")]
   public class Valuechart : Indicator
   {
       #region Variables
       // Wizard generated variables
       // User defined variables (add any user defined variables below)
       #endregion

       /// <summary>
       /// This method is used to configure the indicator and is called once before any bar data is loaded.
       /// </summary>
       protected override void Initialize()
       {
           Add(new Plot(Color.FromKnownColor(KnownColor.Gray), PlotStyle.Dot, "Hi"));
           Add(new Plot(Color.FromKnownColor(KnownColor.Gray), PlotStyle.Dot, "Lo"));

		Add(new Line(Color.FromKnownColor(KnownColor.Red), 12, "TopTop"));
		Add(new Line(Color.FromKnownColor(KnownColor.Red), 8, "Top"));
           Add(new Line(Color.FromKnownColor(KnownColor.Blue), -8, "Bottom"));
		Add(new Line(Color.FromKnownColor(KnownColor.Gray), 4, "MidTop"));
		Add(new Line(Color.FromKnownColor(KnownColor.Black), 0, "Middle"));
           Add(new Line(Color.FromKnownColor(KnownColor.Gray), -4, "MidBottom"));
		Add(new Line(Color.FromKnownColor(KnownColor.Blue), -12, "TopBTop"));

           CalculateOnBarClose	= false;
           Overlay				= false;
           PriceTypeSupported	= false;
		DrawOnPricePanel = false;
       }
	/// <summary>
       /// This method is used to configure the indicator and is called once before any bar data is loaded.
       /// </summary>
	private double VolatilityUnit() 
	{ 
   		return AverageRange() * .2;
	}
	/// <summary>
       /// This method is used to configure the indicator and is called once before any bar data is loaded.
       /// </summary>
	private double AverageRange() 
	{ 
   		double AvgHi = SMA(High, 5)[0]; 
		double AvgLo = SMA(Low, 5)[0]; 
		return AvgHi - AvgLo; 

	}
	/// <summary>
       /// This method is used to configure the indicator and is called once before any bar data is loaded.
       /// </summary>
	private double AverageMedian() 
	{ 
   		double AvgHi = SMA(High, 5)[0]; 
        double AvgLo = SMA(Low, 5)[0]; 
		return (AvgHi + AvgLo) / 2; 
	}
	/// <summary>
       /// This method is used to configure the indicator and is called once before any bar data is loaded.
       /// </summary>
	private double RelativeHi() 
	{ 
   		return  (High[0] - AverageMedian()) ; 
	}
	/// <summary>
       /// This method is used to configure the indicator and is called once before any bar data is loaded.
       /// </summary>
	private double RelativeLo() 
	{ 
   		return  (Low[0] - AverageMedian()) ; 
	}
	private double ValueHi()
	{
		return RelativeHi() / VolatilityUnit();
	}
	private double ValueLo()
	{
		return RelativeLo() / VolatilityUnit();
	}


	/// <summary>
       /// Called on each bar update event (incoming tick)
       /// </summary>
       protected override void OnBarUpdate()
       {
           // Use this method for calculating your indicator values. Assign a value to each
           // plot below by replacing 'Close[0]' with your own formula.


		Hi.Set(ValueHi());
           Lo.Set(ValueLo());
       	DrawLine("Tag1" + CurrentBar, false, 0, ValueHi(), 0, ValueLo(), Color.Gray, DashStyle.Solid,4);


	}	

       #region Properties
       [browsable(false)]	// this line prevents the data series from being displayed in the indicator properties dialog, do not remove
       [XmlIgnore()]		// this line ensures that the indicator can be saved/recovered as part of a chart template, do not remove
       public DataSeries Hi
       {
           get { return Values[0]; }
       }

       [browsable(false)]	// this line prevents the data series from being displayed in the indicator properties dialog, do not remove
       [XmlIgnore()]		// this line ensures that the indicator can be saved/recovered as part of a chart template, do not remove
       public DataSeries Lo
       {
           get { return Values[1]; }
       }

       #endregion
   }
}

#region NinjaScript generated code. Neither change nor remove.
// This namespace holds all indicators and is required. Do not change it.
namespace NinjaTrader.Indicator
{
   public partial class Indicator : IndicatorBase
   {
       private Valuechart[] cacheValuechart = null;

       private static Valuechart checkValuechart = new Valuechart();

       /// <summary>
       /// Enter the description of your new custom indicator here
       /// </summary>
       /// <returns></returns>
       public Valuechart Valuechart()
       {
           return Valuechart(Input);
       }

       /// <summary>
       /// Enter the description of your new custom indicator here
       /// </summary>
       /// <returns></returns>
       public Valuechart Valuechart(Data.IDataSeries input)
       {
           if (cacheValuechart != null)
               for (int idx = 0; idx < cacheValuechart.Length; idx++)
                   if (cacheValuechart[idx].EqualsInput(input))
                       return cacheValuechart[idx];

           lock (checkValuechart)
           {
               if (cacheValuechart != null)
                   for (int idx = 0; idx < cacheValuechart.Length; idx++)
                       if (cacheValuechart[idx].EqualsInput(input))
                           return cacheValuechart[idx];

               Valuechart indicator = new Valuechart();
               indicator.BarsRequired = BarsRequired;
               indicator.CalculateOnBarClose = CalculateOnBarClose;
#if NT7
               indicator.ForceMaximumBarsLookBack256 = ForceMaximumBarsLookBack256;
               indicator.MaximumBarsLookBack = MaximumBarsLookBack;
#endif
               indicator.Input = input;
               Indicators.Add(indicator);
               indicator.SetUp();

               Valuechart[] tmp = new Valuechart[cacheValuechart == null ? 1 : cacheValuechart.Length + 1];
               if (cacheValuechart != null)
                   cacheValuechart.CopyTo(tmp, 0);
               tmp[tmp.Length - 1] = indicator;
               cacheValuechart = tmp;
               return indicator;
           }
       }
   }
}

// This namespace holds all market analyzer column definitions and is required. Do not change it.
namespace NinjaTrader.MarketAnalyzer
{
   public partial class Column : ColumnBase
   {
       /// <summary>
       /// Enter the description of your new custom indicator here
       /// </summary>
       /// <returns></returns>
       [Gui.Design.WizardCondition("Indicator")]
       public Indicator.Valuechart Valuechart()
       {
           return _indicator.Valuechart(Input);
       }

       /// <summary>
       /// Enter the description of your new custom indicator here
       /// </summary>
       /// <returns></returns>
       public Indicator.Valuechart Valuechart(Data.IDataSeries input)
       {
           return _indicator.Valuechart(input);
       }
   }
}

// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
   public partial class Strategy : StrategyBase
   {
       /// <summary>
       /// Enter the description of your new custom indicator here
       /// </summary>
       /// <returns></returns>
       [Gui.Design.WizardCondition("Indicator")]
       public Indicator.Valuechart Valuechart()
       {
           return _indicator.Valuechart(Input);
       }

       /// <summary>
       /// Enter the description of your new custom indicator here
       /// </summary>
       /// <returns></returns>
       public Indicator.Valuechart Valuechart(Data.IDataSeries input)
       {
           if (InInitialize && input == null)
               throw new ArgumentException("You only can access an indicator with the default input/bar series from within the 'Initialize()' method");

           return _indicator.Valuechart(input);
       }
   }
}
#endregion

 

I guess this is the line of code that draws the bar so i would need to bod or write some code to change the colour of this it can stay gray until + or -8

 

DrawLine("Tag1" + CurrentBar, true, 0, ValueHi(), 0, ValueLo(), Color.Gray, DashStyle.Solid,4);

 

Thanks in advance

Share this post


Link to post
Share on other sites

If this is the same ELD file that I have (bound to be - the programmer eKam mentioned in the thread rings a bell), then to view the calculations the indicator performs, take the following steps:

 

- Open the EL Development environment from the TS 'View' dropdown menu.

 

- Select 'open'.

 

- In the drop down, select 'Functions'

 

- Find the relevant 'VChart' function file and open it.

 

And now you're looking at the Value Chart calculation. The link to the Stendahl article is a useful intro, however there are almost certainly better ways of using it than those he suggests (ironic, seeing as he's the creator!).

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • META stock watch, local support and resistance areas at 507.48, 557.84 at https://stockconsultant.com/?META
    • TMUS T-Mobile stock, watch for a top of range breakout at https://stockconsultant.com/?TMUS
    • KULR KULR Technology stock watch, pullback to 1.25 triple support area with bullish indicators at https://stockconsultant.com/?KULR
    • PM Philip Morris stock, nice bull flag breakout with volume +91% at https://stockconsultant.com/?PM
    • Date: 4th April 2025.   USDJPY Falls to 25-Week Low as Safe Havens Surge and Markets Eye NFP Data.   Safe haven currencies and the traditional alternative to the US Dollar continue to increase in value while the Dollar declines. Investors traditionally opt to invest in the Japanese Yen and Swiss Franc at times of uncertainty and when they wish to avoid the Dollar. The Japanese Yen continues to be the best-performing currency of the week and of the day. Will this continue to be the case after today’s US employment figures?   USDJPY - NFP Data And Trade Negotiations The USDJPY is currently trading at a 25-week low and is witnessing one of its strongest declines this week. The exchange rate is no longer obtaining indications from the RSI that the price is oversold. The current bullish swing is obtaining indications of divergence as the price fails to form a higher high. Therefore, short-term momentum is in favour of the US Dollar, but there are still signs the Japanese Yen can regain momentum quickly.       USDJPY 1-Hour Chart     The price movement of the exchange rate in both the short and long term will depend on 3 factors. Today’s US employment data, next week’s inflation rate and most importantly the progress of negotiations between the US and trade partners. If today’s Unemployment Rate increases above 4.1%, the reading will be the highest seen so far in 2025. Currently, the market expects the Unemployment Rate to remain at 4.1% and the Non-Farm Payroll Change to add 137,000 jobs. The average NFP reading this year so far has been 194,000.   If data does not meet expectations, US investors may continue to increase exposure away from the Dollar and to other safe-haven assets. Previously investors were expecting only 2 rate cuts this year from the Federal Reserve, however, most investors now expect up to 4. If today’s employment data deteriorates, economists advise the Federal Reserve may opt to cut interest rates sooner.   Therefore, it is important to note that today’s NFP will influence the USDJPY to a large extent. Whereas in the longer-term, trade negotiations will steal the spotlight. If trade partners are able to negotiate the US Dollar can correct back upwards. Whereas, if other countries retaliate and do not negotiate the US Dollar will remain weak.   USDJPY - The Yen and the Bank of Japan The Japanese Yen is the best-performing currency in 2025 increasing by 6.70% so far. Risk indicators such as the VIX and High-Low Indexes continue to worsen which is positive for the JPY as a safe haven currency.   Yesterday Japan released March business activity data that came in weaker than expected: the Services PMI dropped from 53.7 to 50.0, while the Composite PMI fell from 52.0 to 48.9. The data is the lowest in two years. These figures could hinder further interest rate hikes by the Bank of Japan. However, most economists still expect the Bank Of Japan to hike at least once more. It's also important to note, that even if the BOJ opts for a prolonged pause, a cut is not likely.   Additionally, a 24% tariff was imposed on Japanese exports to the US yesterday. Prime Minister Mr Ishiba expressed disappointment over Japan's failure to secure a tariff exemption and pledged support measures to help domestic industries manage the impact.   Key Takeaway Points: US Dollar Weakens, Safe Havens Rise: The Japanese Yen and Swiss Franc continue to gain as investors shift away from the US Dollar. USDJPY Under Pressure: USDJPY trades at a 25-week low, with short-term momentum favouring the Dollar but long-term trends pointing to potential Yen strength. NFP and Unemployment Crucial: Today’s Non-Farm Payrolls and unemployment figures will heavily influence short-term USDJPY. On the other hand, trade negotiations will dictate longer-term trends. Japan Faces Mixed Signals: Despite weak PMI data and new US tariffs, the Japanese Yen remains strong. Economists expect at least one more rate hike from the Bank of Japan, but no cuts are in sight. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.