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#1 |
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Member
Join Date: Nov 2008
Posts: 62
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Hi All
I have been using Super Trend as an indicator for Meta Trader Software But could not find this indicator for Ninja Trader. This is a wondeful indicator to know about the trend and in trending markets this indicator works perfectly even in 2-3 minute timeframes. A wonderful tool which everybody would like it to be in their favorite indicator list I request Everybody to convert this attached Supertrend Metatrader formula to convert and make it compatible for Ninja trader. I shall be highly thankful. Waiting eagerly for the response from the seniors. Regards Vinkal Last edited by vrathee; 11-27-2008 at 07:05 AM. |
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#2 | |
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Senior Member
Join Date: Aug 2007
Posts: 112
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I have seen this indicator and agree it is a good one if could program I would have done so already
Quote:
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#3 |
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Senior Member
Join Date: Mar 2008
Posts: 731
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The indicator code is very simple, it looks like it could be created in the strategy wizard with only the ATR indicator.
I don't have any time now, but if nobody else converts it in the next couple days I could probably take a crack at it. |
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#4 |
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Senior Member
Join Date: Oct 2008
Location: Dallas, TX
Posts: 682
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Elliot Wave,
Just wanted to drop a line to say "Thank You!" for all the additions you've made to the file sharing forum. I have no personal experience with this particular indicator, but as always, will check it out once available. Mike |
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#5 | |
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Member
Join Date: Nov 2008
Posts: 62
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Quote:
Nobody can deny your contribution. I shall be very happy to get this Super Trend Indicator asap as this is what i badly want and this will be very helpful to everybody. Thanks in advance. Regards Vinkal |
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#6 |
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Junior Member
Join Date: Nov 2008
Location: Australia
Posts: 9
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I programmed this into a simple indicator recently albeit with just a simple Up/Down (1/-1) value for use in a Strategy, rather than the sexy moving line on the price chart. It's probably not much effort to update for the sexy graphics, but if you're simply after the Up/Down trend I can post that later today.
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#7 | |
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Member
Join Date: Nov 2008
Posts: 62
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Quote:
I shall be thankful if you post that. Thanks in advance. Regards Vinkal |
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#8 |
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Certified NinjaScript Consultant
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Vrathee,
Enjoy, You're more than welcome... ![]() Edit: Added Arrows to indicate possible reversal... Last edited by roonius; 01-08-2009 at 07:50 PM. |
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#9 |
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Senior Member
Join Date: Mar 2008
Posts: 731
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Beat me to it
![]() Nice work Roonius, its great to have another person on the forum who can convert MetaTrader indicators since there are so many good ones. *edit (The first version works great so I removed my link to avoid any conflict, since they have the same name.) Last edited by Elliott Wave; 11-23-2008 at 11:45 PM. |
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#10 |
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Member
Join Date: Nov 2008
Posts: 62
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Thanks Roonius and Elliot Wave
You people have been very kind on me. A little question what i have got is which time period setting should be used. I normally use 10,3 as setting. But Roonius uses 14,3 and Elliot has posted as 10,2 settings. A little confusion. Can you please guide me on the settings? Regards Vinkal |
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#11 |
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Senior Member
Join Date: Mar 2008
Posts: 731
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Just experiment and see what works best. You'll notice that length parameter doesn't do too much, but you can think of the multiplier parameter as the indicators 'sensitivity'. The lower the number, the faster it reacts, but the trade off is more false signals.
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#12 | |
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Member
Join Date: Nov 2008
Posts: 62
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Quote:
I will try that way. I will try to put more Meta Trader indicators which work superbly. Hope to get support further also. Regards Vinkal |
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#13 |
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Junior Member
Join Date: Aug 2008
Posts: 29
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did anyone tried to backtest it ? or to make a simple strategy ?
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#14 |
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Senior Member
Join Date: Mar 2008
Posts: 731
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Yes. It works fairly well in my opinion, much better than similar indicators based on ATR.
I usually find a new favorite indicator a week ( ), and this one definitely takes the cake for this week.
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#15 |
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Member
Join Date: Nov 2008
Posts: 62
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Thank you very so much Roonius
You have been very helpful. This indicator has been wonderful for me. Such an indicator when used with only one more indicator for confirmation; may be macd or RSI, then it works great. I has tested this indicator on live markets trading myself and results has been outstanding. This is worth trying. Happy trading Regards Vinkal |
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