Super Trend For Ninja Trader Needed

[Anagoge]

I just tried version 1.7 and I think it has the same issue I mentioned in my previous message. Attached is a screenshot of daily bars for GOOG starting 9/1/2004 with the shown SuperTrend parameters (length=20). It looks like the initial trend indicator before the first crossover is set based on the first bar after the length number of bars, even if that single bar isn't indicative of the general trend at that point. Maybe someone else has a better idea, but my suggestion is to set the initial trend to be up or down based on comparing the first bar after the ATR period length number of bars to the very first bar in the chart. In the case, the first bar closes way below the 21st bar, so the initial trend would be up rather than the current down trend it currently gets from the single 21st bar.

[roonius]

Originally Posted by Anagoge

I just tried version 1.7 and I think it has the same issue I mentioned in my previous message. Attached is a screenshot of daily bars for GOOG starting 9/1/2004 with the shown SuperTrend parameters (length=20). It looks like the initial trend indicator before the first crossover is set based on the first bar after the length number of bars, even if that single bar isn't indicative of the general trend at that point. Maybe someone else has a better idea, but my suggestion is to set the initial trend to be up or down based on comparing the first bar after the ATR period length number of bars to the very first bar in the chart. In the case, the first bar closes way below the 21st bar, so the initial trend would be up rather than the current down trend it currently gets from the single 21st bar.

Cannot concentrate today...
Fixing one part breaking another...
My apologies.

[Mauro60]

I would like to offer you a simple idea with entry of low risk.

[vrathee]

Originally Posted by Mauro60

I would like to offer you a simple idea with entry of low risk.

Hi Mauro60

Can you please post the said indicators in this forum? That would be a great help.

Regards

Vinkal

[vrathee]

Hi All

I am posting this trading system which looks like Supertrend concept. And it is being sold at $150 per month. It has got system which gives automatic buy and sell with targets. Explanation is given below ::

STOPLOSS LINE: THE SAID LINE MOVES SIDEWAYS IS CALLED STOP – LOSS LINE. IF THE RUNNING BARS GO ABOVE THE SAID GREEN LINE A BUY SIGNAL WILL GENERATE AND IF BARS GO DOWN BELOW THE GREEN LINE A SELL SIGNAL WILL GENERATE. FOR BUY AND SELL STOPLOSS IS THE OLIVE GREEN LINE. YOU WILL GET AN INDICATION THERE WITH A BUY ARROW OR SELL ARROW.

MARKET AVERAGE LINE: THIS LINE MOVES SIDE WAYS. THIS LINE IS THE MARKET AVERAGE TRADED PRICE. (ODIN AVERAGE PRICE).

YELLOW BARS: THIS IS CALLED THE BREAKOUT BAR. IF RATE CROSSES ABOVE THE BAR MARKET GOES UP. IF RATE CROSSES DOWN MARKET GOES DOWN SIDE. YELLOW BAR WILL GENERATE AUTOMATICALLY AT A TIME WHEN SELLERS AND BUYERS ARE EQUAL. THE SIDE IN WHICH MAJORITY PEOPLE JOIN AND BREAKOUT RATE, MARKET MOVES ON THAT SIDE, SO THE YELLOW BARS CALLED BREAKOUT BARS AND IS VERY POWERFUL.

GREEN BAR : THIS IS THE PREVIOUS DAY CLOSING BAR. IT IS A POWERFUL INDICATION ALSO.

BLUE BARS: THIS BAR INDICATES THAT SCRIP IS ON A BUY SIGNAL, I.E. MARKET IS IN ON AN UP SIDE DIRECTION . BLUE BARS WILL COME ABOVE OLIVE GREEN STOP LOSS LINE .(IN MARKET HOURS DON’T COMPARE LAST RUNNING BARS AS IT WILL CHANGE BLUE AND RED ACORDING TO MARKET DIRECTION).

RED BARS: THIS BAR INDICATES THAT SCRIP IS ON A SELL SIGNAL, I.E. MARKET IS IN ON A DOWN SIDE DIRECTION . RED BARS WILL COME BELOW OLIVE GREEN STOP LOSS LINE .(IN MARKET HOURS DON’T COMPARE LAST RUNNING BARS AS IT WILL CHANGE BLUE AND RED ACORDING TO MARKET DIRECTION).

See the Images here ::
http://shup.com/Shup/91429/nifty.JPG
http://shup.com/Shup/91435/Acc.JPG

Hope to get something like this with SuperTrend.

Regards

Vinkal

[Mauro60]

Originally Posted by vrathee

Hi Mauro60

Can you please post the said indicators in this forum? That would be a great help.

Regards

Vinkal

This is indicator(version correct)

[vrathee]

Originally Posted by vrathee

Hi All

I am posting this trading system which looks like Supertrend concept. And it is being sold at $150 per month. It has got system which gives automatic buy and sell with targets. Explanation is given below ::

STOPLOSS LINE: THE SAID LINE MOVES SIDEWAYS IS CALLED STOP – LOSS LINE. IF THE RUNNING BARS GO ABOVE THE SAID GREEN LINE A BUY SIGNAL WILL GENERATE AND IF BARS GO DOWN BELOW THE GREEN LINE A SELL SIGNAL WILL GENERATE. FOR BUY AND SELL STOPLOSS IS THE OLIVE GREEN LINE. YOU WILL GET AN INDICATION THERE WITH A BUY ARROW OR SELL ARROW.

MARKET AVERAGE LINE: THIS LINE MOVES SIDE WAYS. THIS LINE IS THE MARKET AVERAGE TRADED PRICE. (ODIN AVERAGE PRICE).

YELLOW BARS: THIS IS CALLED THE BREAKOUT BAR. IF RATE CROSSES ABOVE THE BAR MARKET GOES UP. IF RATE CROSSES DOWN MARKET GOES DOWN SIDE. YELLOW BAR WILL GENERATE AUTOMATICALLY AT A TIME WHEN SELLERS AND BUYERS ARE EQUAL. THE SIDE IN WHICH MAJORITY PEOPLE JOIN AND BREAKOUT RATE, MARKET MOVES ON THAT SIDE, SO THE YELLOW BARS CALLED BREAKOUT BARS AND IS VERY POWERFUL.

GREEN BAR : THIS IS THE PREVIOUS DAY CLOSING BAR. IT IS A POWERFUL INDICATION ALSO.

BLUE BARS: THIS BAR INDICATES THAT SCRIP IS ON A BUY SIGNAL, I.E. MARKET IS IN ON AN UP SIDE DIRECTION . BLUE BARS WILL COME ABOVE OLIVE GREEN STOP LOSS LINE .(IN MARKET HOURS DON’T COMPARE LAST RUNNING BARS AS IT WILL CHANGE BLUE AND RED ACORDING TO MARKET DIRECTION).

RED BARS: THIS BAR INDICATES THAT SCRIP IS ON A SELL SIGNAL, I.E. MARKET IS IN ON A DOWN SIDE DIRECTION . RED BARS WILL COME BELOW OLIVE GREEN STOP LOSS LINE .(IN MARKET HOURS DON’T COMPARE LAST RUNNING BARS AS IT WILL CHANGE BLUE AND RED ACORDING TO MARKET DIRECTION).

See the Images here ::
http://shup.com/Shup/91429/nifty.JPG
http://shup.com/Shup/91435/Acc.JPG

Hope to get something like this with SuperTrend.

Regards

Vinkal

Can somebody please discuss this post?

Regards

Vinkal

[mainstream]

wow thanks! This is great thanks

[pgabriel]

Would it be possible to put some kind of aaudio alert on this indicator to signal when a trend change has occured...? I am not a programer so I have no clue as to how to do this...

[Elliott Wave]

Originally Posted by pgabriel

Would it be possible to put some kind of aaudio alert on this indicator to signal when a trend change has occured...? I am not a programer so I have no clue as to how to do this...

I already added that.

Check under the 'Alerts' section of the indicators parameters section.

[pgabriel]

Where do I get that version...? My version 1.7 does not have an alert option in the parameters section...

[Elliott Wave]

Originally Posted by pgabriel

Where do I get that version...? My version 1.7 does not have an alert option in the parameters section...

I thought I had uploaded the version with the alert, but in case not, here it is:

[WhoKnows]

Tried to find the differences, but to be sure:
Elliott is your SuperTrend1230 the SuperTrend1.7 (1.6 fixed by Roonius 12/10) with alert or the SuperTrend1.6 with alert?

In the indicator file it is listed as 1.6.

Anyway thanks ...

[Elliott Wave]

I'm pretty sure its the version 1.7 (which also says 1.6 in the code).

[Riverend]

Thanks for the work you have done with this indicator. "The trend is your friend".