A Floor/Camarilla/VA indicator plotting by intraday/weekly/monthly sessions

[qfweiwei]

The NinjaTrader built-in pivot point indicator only plots pivots of current session depending on daily, weekly, or monthly data, which is far less than enough. I developed a customized Floor/Camarilla/VA indicator plotting by intraday/weekly/monthly session as attached.

The attached indicator, SessionPivots, which is customized upon NinjaTrader built-in Pivots indicator, plots popular pivots such as Floor pivots, Camarilla pivots, and Value Area pivots session by session.The session can be intraday, weekly, and monthly. Following are some additional features on top of built-in Pivots indicator.

1.Popular pivots of Camarilla and Value Area are supported.Value Area is calculated following the way introduced in Mind over Markets-Power Trading With Market Generated Information.
2.Even for Floor pivots, I added 4 more levels. They are R4, S4, TC(top central pivot), and BC(bottom central pivot).
3.Developing pivots are supported. However, for best performance, they will be only calculated in the last session when IsDPShowing is set to TRUE.
4.Various set of pivots can be shown depending on PivotType, which can be set to Floor, ValueArea, Camarilla, FloorAndVA, CamarillaAndVA, and All.
5.Three profile types, VOC/TPO/VWTPO, are supported for Value Are calculation by setting ProfileType.
6.This indicator is developed for NinjaTrader 7.x.

Attached image is a monthly AMD chart, where you can see Floor and VA pivots are plotted on monthly basis. Showing pivots session by session will be very helpful to analyze relationship and trend of pivots. This could be a big advantage when you make trading decision based on these popular pivots.

[NinjaTrader_AdamP]

qfweiwei,

Thanks a bunch for helping to make our developer community one of the best in the business!

You may also want to post this to our downloads section.

[drmax]

Is the .cs file the indicator, please?

I thought we could only load zip files into NT under the utilities =>import. Am I wrong about that?

Indicator looks great, looking forward to using it.

[NinjaTrader_AdamP]

drmax,

I am happy to assist you.

This is located in Post number 1 at the bottom of their post in the "Attached Files" box.

[qfweiwei]

Hi drmax,

If you are running Windows 7, put the attached C# file into following default folder:

C:\Users\YOUR USERNAME\Documents\NinjaTrader 7\bin\Custom\Indicator

Then compile in NinjaTrader as usually you do.

Please let me know if you need more help.

Thanks,
weiwei

[kennyz55]

Newbie question. I put sessionpivots.cs in the right folder. How do I compile?
Thanks,
Kenny

[qfweiwei]

Follow the first image to open any existing strategy.
Then, right click any place in the strategy Editor to open menu shown as the second image.
Compile!

weiwei

[makefortune]

Originally Posted by qfweiwei

Hi drmax,

If you are running Windows 7, put the attached C# file into following default folder:

C:\Users\YOUR USERNAME\Documents\NinjaTrader 7\bin\Custom\Indicator

Then compile in NinjaTrader as usually you do.

Please let me know if you need more help.

Thanks,
weiwei

I am attaching screen shots of DWM pivots and camarilla pivots in MT4
Can you please modify your pivots in the manner shown.

I find it too distracting to show pivots of the past data and the two that I have attached has worked well for me. Now I am trying Ninjatrader and would hope someone can do the same. If there exist such indicators already, please attach to the reply.

Appreciate very much.
Manfred

[stocktraderbmp]

Not sure what your question is but if you would like some alternatives to the standard indicators, have you tried looking here?

https://www.bigmiketrading.com/downl...-7/indicators/

Search for "sessionpivotsv42"

Good luck.

[hughred22]

First, thank you so much to develop this session pivot. This is just what I am looking for. I am a NT noob and try to use this session pivot. But I found some problems. Hope the developer can take the time to fix it. It will be greatly appreciated

Here is what I found:
VAL is plotted different and I believe it is wrong.
I use dVauleArea to compare. First, in the Session Pivot setting, I use intraday, TPO. The POC and VAH are the same as the dVauleArea POC & VAH. But the VAL is different. That is why I think the VAL might be plotted wrong.

Again, I am a noob and I might be wrong. I love this indicator and really want to use it if the above problem can be fixed.

[stocktraderbmp]

Originally Posted by hughred22

First, thank you so much to develop this session pivot. This is just what I am looking for. I am a NT noob and try to use this session pivot. But I found some problems. Hope the developer can take the time to fix it. It will be greatly appreciated

Here is what I found:
VAL is plotted different and I believe it is wrong.
I use dVauleArea to compare. First, in the Session Pivot setting, I use intraday, TPO. The POC and VAH are the same as the dVauleArea POC & VAH. But the VAL is different. That is why I think the VAL might be plotted wrong.

Again, I am a noob and I might be wrong. I love this indicator and really want to use it if the above problem can be fixed.

Please follow this link for a working set of full featured pivots. No point re-inventing the wheel is there?

http://www.ninjatrader.com/support/f...catid=4&id=343

[hughred22]

Thanks for the response.
But I prefer this version of pivot rather than the link you just post. This session pivots allow me to see Money Zone, Floor and Camarilla at the same chart.

Here is my question to the developer:
If I trade ES, what session template should I use to make sure the pivot line is correctly plot?

Thanks!

[Saxo_]

Originally Posted by qfweiwei

The NinjaTrader built-in pivot point indicator only plots pivots of current session depending on daily, weekly, or monthly data, which is far less than enough. I developed a customized Floor/Camarilla/VA indicator plotting by intraday/weekly/monthly session as attached.

The attached indicator, SessionPivots, which is customized upon NinjaTrader built-in Pivots indicator, plots popular pivots such as Floor pivots, Camarilla pivots, and Value Area pivots session by session.The session can be intraday, weekly, and monthly. Following are some additional features on top of built-in Pivots indicator.

1.Popular pivots of Camarilla and Value Area are supported.Value Area is calculated following the way introduced in Mind over Markets-Power Trading With Market Generated Information.
2.Even for Floor pivots, I added 4 more levels. They are R4, S4, TC(top central pivot), and BC(bottom central pivot).
3.Developing pivots are supported. However, for best performance, they will be only calculated in the last session when IsDPShowing is set to TRUE.
4.Various set of pivots can be shown depending on PivotType, which can be set to Floor, ValueArea, Camarilla, FloorAndVA, CamarillaAndVA, and All.
5.Three profile types, VOC/TPO/VWTPO, are supported for Value Are calculation by setting ProfileType.
6.This indicator is developed for NinjaTrader 7.x.

Attached image is a monthly AMD chart, where you can see Floor and VA pivots are plotted on monthly basis. Showing pivots session by session will be very helpful to analyze relationship and trend of pivots. This could be a big advantage when you make trading decision based on these popular pivots.

qfweiwei, thank you very much for providing these indicators!
I have been reading Franklin O. Ochoa's "Secrets of a Pivot Boss" and I'm trying to plot the pivot range histogram ((TC - BC) / PP) x 100 below the price panel - but I haven't succeeded so far :-(
I have tried to set 'DrawOnPricePanel = false' after I have added the series I want to plot (in Initialize()) - but nothing happens. I also tried to change 'Overlay' to 'false' inside the script - no effect.
Furthermore I would like to introduce a second indicator panel, where I outline the two-day pivot range relationship (i.e. higher value=bullish (i.e. BC(0)>TC(1)); overlapping higher value=moderate bullish; lower value=bearish; overlapping lower value=moderately bearish; unchanged value=sideways/breakout; outside value=sideways, and inside value=breakout) - but I haven't quite figured out how to diplay this information in the panel. So the solution needs to be able to show and update 2 indicator panels below the main price panel.
Hope someone can help me with this newbie indicator panel problem.
Best regards,
Saxo_

[koganam]

Originally Posted by Saxo_

qfweiwei, thank you very much for providing these indicators!
I have been reading Franklin O. Ochoa's "Secrets of a Pivot Boss" and I'm trying to plot the pivot range histogram ((TC - BC) / PP) x 100 below the price panel - but I haven't succeeded so far :-(
I have tried to set 'DrawOnPricePanel = false' after I have added the series I want to plot (in Initialize()) - but nothing happens. I also tried to change 'Overlay' to 'false' inside the script - no effect.
Furthermore I would like to introduce a second indicator panel, where I outline the two-day pivot range relationship (i.e. higher value=bullish (i.e. BC(0)>TC(1)); overlapping higher value=moderate bullish; lower value=bearish; overlapping lower value=moderately bearish; unchanged value=sideways/breakout; outside value=sideways, and inside value=breakout) - but I haven't quite figured out how to diplay this information in the panel. So the solution needs to be able to show and update 2 indicator panels below the main price panel.
Hope someone can help me with this newbie indicator panel problem.
Best regards,
Saxo_

Maybe if you showed what you have written so far, we might be able to help correct it, or provide you pointers if you would rather wish to discover things for yourself?

[Saxo_]

Thanks Koganam - any help will be appreciated


I have (hopefully) attached a modified version of qfweiwei's 'SessionPivots', that only contains Floor Pivots - which is what I focus on.


The 'Two-Day Pivot Relationship' I have tried to put into the HIST-serie, and the 'Pivot Range Histogram' I have put into the RELS-serie. Any ideas on how to make the RELS-serie appear more meaningful in the indicator panel (i.e. currently it only holds a number from 1 to 7) would be appreciated. Would it be possible to write a text per day e.g. 'Bullish' or 'Moderately Bullish' in the indicator panel?


Longterm I dream about being able to display weekly and monthly pivot points at the same time (qfweiwei's code supports showing weekly or monthly on the daily chart which is great - but not at the same time and not at the same time as the daily pivots) together with the daily pivot points and be able to filter them, so that I per time frame can decide to only focus on S1, PP and R2 when market is in an uptrend - and only focus on S2, PP and R1 when the market is a downtrend. This will allow me to check for confluence, where pivot points from different time frames identify the same levels. For me - at the current stage - this seems as a rather big and advanced development - so any hints would be appreciated. I have just recently discovered NinjaTrader and I'm truely impressed with all the possibilities it offers - but I have a long way before I will master it.


Best regards,
Saxo