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olero
Registered: Jul 2003
Posts: 34 |
07-02-09 03:22 PM
Quote from ram:
ESSTrader: If you downloaded Ninja's LBR310 indicator from their forum (see nkhoi post of 5-13-09) then your settings are correct.
Yes...I think she uses the Price Ocillator which is figured with simple MAs with an average of the PO for a signal line. This makes for a smoother indicator than the macd. The macd is figured with Exp. MAs an isn't as smooth.
LBR may use something a little diff. than donkee.
Having the last two perameters of the macd transposed doesn't change the look much but does change it a little.
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DonKee
Registered: Mar 2006
Posts: 588 |
07-02-09 06:28 PM
Remember, everyone's tick data is going to be a bit different. If you're using Zen-Fire, those 1000 tick bars can be a little different from TS data.
If you make sure your settings are SMA and not EMA, the charts should be pretty close.
I actually didn't adjust the MACD. I wrote my own TS code. My histogram is taking the 3 SMA - 10 SMA. The 16 line is the 16 SMA of the (3SMA-10SMA). With TS it is pretty simple. I'm not good with C+, but the link to the LBR3-10 code for NT is correct.
The main point of all of this is to help with entries on pull backs or give you some guidance on when momentum is subsiding at retracement levels, PP areas, or re-tests of previous highs / lows.
Have a nice Holiday weekend!
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LEAPup
Registered: Aug 2008
Posts: 4105 |
07-04-09 07:23 AM
Quote from DonKee:
Remember, everyone's tick data is going to be a bit different. If you're using Zen-Fire, those 1000 tick bars can be a little different from TS data.
If you make sure your settings are SMA and not EMA, the charts should be pretty close.
I actually didn't adjust the MACD. I wrote my own TS code. My histogram is taking the 3 SMA - 10 SMA. The 16 line is the 16 SMA of the (3SMA-10SMA). With TS it is pretty simple. I'm not good with C+, but the link to the LBR3-10 code for NT is correct.
The main point of all of this is to help with entries on pull backs or give you some guidance on when momentum is subsiding at retracement levels, PP areas, or re-tests of previous highs / lows.
Have a nice Holiday weekend!
Thanks, and have a great 4th!
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climx
Registered: Jul 2009
Posts: 2 |
07-07-09 12:57 AM
Quote from DonKee:
Remember, everyone's tick data is going to be a bit different. If you're using Zen-Fire, those 1000 tick bars can be a little different from TS data.
If you make sure your settings are SMA and not EMA, the charts should be pretty close.
I actually didn't adjust the MACD. I wrote my own TS code. My histogram is taking the 3 SMA - 10 SMA. The 16 line is the 16 SMA of the (3SMA-10SMA). With TS it is pretty simple. I'm not good with C+, but the link to the LBR3-10 code for NT is correct.
The main point of all of this is to help with entries on pull backs or give you some guidance on when momentum is subsiding at retracement levels, PP areas, or re-tests of previous highs / lows.
Have a nice Holiday weekend!
DonKee, great thread!
I am new to this tick chart. Anybody uses Ninja Trader with IB data feed? I got far less bars per day (~10-15 min per bar) if using 1000 ticks or 500 ticks. I have to adjust to 100 ticks. Any suggestions ? Thanks.
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DonKee
Registered: Mar 2006
Posts: 588 |
07-07-09 01:03 AM
Quote from climx:
DonKee, great thread!
I am new to this tick chart. Anybody uses Ninja Trader with IB data feed? I got far less bars per day (~10-15 min per bar) if using 1000 ticks or 500 ticks. I have to adjust to 100 ticks. Any suggestions ? Thanks.
Thanks,
IB's feed cannot be used for tick bars.
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climx
Registered: Jul 2009
Posts: 2 |
07-07-09 02:03 AM
Quote from DonKee:
Thanks,
IB's feed cannot be used for tick bars.
DonKee, thanks.
Do you think there are any advantages of using Fibonacci number such as 377, 610, 987 instead of 500, 1000 for 3-10-16 indicator?
climX
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