Software Used to Trade Jack Hershey Methods

Discussion in 'Trading Software' started by Tums, Jun 26, 2007.

  1. OK, that was silly -- Split it into two lines and made the font slightly bigger so my poor eyes could read it. I apologize for the churn.
     
    #621     Apr 28, 2008
  2. tobbe

    tobbe

    I got tired of using the bar timer that comes with NT so I wrote a new one. While slightly off topic, I am posting it to this thread in case someone else would find it useful too. If it's to much off topic please let me know.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1901439/>

    The bartimer is not text based but visual (it's the pink one on the image). It can be customized in several different ways (color, size, position and offset from chart sides). It's called the FancyBarTimer :) .

    I'm fairly convinced it works without side effects but ymmv, use at your own risk.
     
    #622     Apr 28, 2008
  3. tobbe

    tobbe

    .
     
    #623     Apr 28, 2008
  4. tobbe

    tobbe

    I forgot to mention that the bartimer is only visible as long as you are connected to a running market feed (be it real or playback). Might be confusing, sorry about that.
     
    #624     Apr 28, 2008
  5. Pepe

    Pepe

    NinjaTrader JH – Indicators v1.019

    Hi,

    I have fixed some bugs and updated the scripts with some new features.

    The PRV tool, is where the bar coloring is being done, so if you want to be able to use the color schema suggested by Spyder, you need to use this script. Bear in mind that I do not support other colors than the Black or the Red (neither OBs nor inside bars are colored differently). PRV is now much faster updating also. You may also enable or disable the automatic Gaussian drawing.

    The “BarFormations” were completely restructured, and now I use GDI to draw the formations which should not interfere with the channel drawing (when clicking on a channel). It also supports Pennants, Lateral Formations and true Lateral Movement. All the colors are configurable and if wanted you may choose the “Transparent” color to not show some kind of formation.

    The “ChannelTool” now allows more parameters to be configured. All the colors can be changed and thanks to LostTrader suggestion I solved the problem with saving the template colors. :)

    “JHInfoBox” was also improved. It’s not perfect yet, it still needs a lot of work to do. Now it shows a info box with more information, and it tries to alert for “change” situations, but very important: it’s not “Context” aware, so one needs to read that information only as an alert system. Currently the following situations are supported:
    - IBGS Up or Down (depending on the trend)
    - Increasing Range on Decreasing Volume
    - Decreasing Range on Increasing Volume
    - Higher High on Decreasing Volume
    - Lower Low on Decreasing Volume
    - Peak Volume

    It also tries to take into consideration when it is in a Formation situation, for this, it needs to have the “BarFormations” placed on the same chart, because I am reading this info directly from that script. Also, it can now play an alert sound each time a critical time is reached (% of the chart period, for instance in a 5min period and with 20% set, it alerts when 1min left in the bar is reached). The clock now has the ability to have an offset for those in different time zones. "Simulated data feed” is not supported yet.


    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1903297>

    Installation:
    Just import the zip file using NinjaTrader Import feature on the Tools menu.

    Create new charts and add all the indicators:
    - VerticalScale
    - SMA20 with "AutoScale = false" and "Calculate on bar close=false"
    - Pro Rata Volume v2
    - BarFormations
    - JHInfoBox
    - DOM
    - ChannelsTool

    On YM you may need to change some parameters on the ProRata indicator, like the Pace lines (it's set for ES 5 min only), and the "clip" and "wild volume". "Clip" parameter fixes the scale to a specific value (it prevents volume to be always autoscaled) and the "Wild" parameter is the max PRV value that may be shown (it happens when a bar opens with high volume). Also the VerticalScale indicator may need a different "scale" value for YM (I am using 150 points for YM and 45 for ES, but it depends on the chart window too)

    Finally, you may save one template for each chart (ES and YM) to help this configuration to be done only once.

    I hope you find this useful,

    Best Regards,
     
    #625     Apr 29, 2008
    Sprout likes this.
  6. Pepe

    Pepe

    .
     
    #626     Apr 29, 2008
  7. Thank you, sir.
    BTW, Transparent - isn't. :D Apparently Transparent uses the background color and pastes it right over the region. There is a Color.Empty that is truly Transparent (as in not there) but it is not a selection on the pull-down from what I can tell. The opaque integer (transparency?) if set to 0 will also allow the formations to not affect the chart.

    If you publicly expose the 'BarFormations' variables via a property method (see Josh's example) then it is NOT necessary to add BarFormations to the chart in order for JHInfo to use the variables. This is the preferred method.

    To be honest, I do prefer using BarCheck and VolumeSCT to BarFormations & your PRV. But I add JHInfo & Channels to my charts, so it is important that they work independently, please.

    Best regards...
     
    #627     Apr 30, 2008
  8. Could anyone tell me how to get T&S and /or Level II up and running with NT using AMP as the data feed source. With an ESM8 chart running, there's no problem with the DOM but I get a blank field in the T&S and Level II panels when I request a "new" T&S or Level II. Have searched their Help and found nothing useful. Do not as yet have an active trading account with them.

    TIA

    lj
     
    #628     Apr 30, 2008
  9. nkhoi

    nkhoi

    only if you have paid ninja account. $50/m I believe.
     
    #629     Apr 30, 2008
  10. Thanks nkhoi.

    lj
     
    #630     Apr 30, 2008