Where did this red vertical line come from? You haven't shown that on any of the other charts. And where are the blue/red dots? It seems like you're changing the rules as you go.
Easily replicated this indicator with NT. Used HMA_Color(12) for the hashes though. GiantDog was right on the mark with this one. I'm not saying that it won't make money....but it's just a simple MA cross indicator.
Can someone please define DoubleMA(3,SMA,3,SMA) for me? I don't use NJ and my understanding of a double MA is essentially a crossover point of two different moving averages - which appears not to be the case here given the parameter pairs are the same. This has me curious and I'd like to look into it a bit. Thanks.
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The DoubleMA(3,SMA,3,SMA) indicator gives a 3SMA smoothed by another 3SMA. At least that is what it appears to be to me. And also the slope can be colored using this indicator.
Nice work GiantDog and MDT. I compared this chart to Nadeem's chart for the same day and I noticed some subtle differences. First, there seems to be some difference in the price data since the candles are slightly different. However, more importantly, the dashes (HullMA) seem to operate slightly differently as far as color changes. For example, MDT, on your chart at the bottom of the V (12:50), the dash makes a lower low, but changes to blue. Whereas, the dash on Nadeem's chart makes a lower low and stays red (so entry doesn't occur until next candle). So your chart gives an earlier entry (which in this case was good), but in other cases is bad. If the indicator is supposed to change color with a change in direction, shouldn't it stay red when it makes a lower low (like at 12:50)? I haven't looked at the mathematics behind a Hull in quite a while. Perhaps the HullMA actually changes direction between the bars (because of smoothing and curvature). In which case, there's something slightly different from your HMA and Nadeem's indicator. P.S. I found the double smoothed MA indicator in the NT forum, but not the HMA_Color. If one of you could post it here, I'd appreciate it. The standard HMA on TS has the color change built-in, but not on NT for some reason.
I too see the differences between Nadeems indicator and the ones we are using. Perhaps he is using IB data as I am using ZenFire data. Not too sure if that matters or not. I will try to see if I can find the HMA color indicator and see if I can post it. I don't know how to post anything on ET yet so it might be awhile before I figure it out. I did notice that after I downloaded the HMA color indicator that it dissapeared from the Ninja forum for some reason. I had forgot about that. It will be awhile before I can post the HMA color indicator as I have to go do some errands first.
I would chalk it up to data feed discrepancy and possibly how the indicators are rendering the changes in direction. But all in all it's pretty close. Here's the same chart with traditional MA lines instead of dots and hashes fwiw.