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Automatic Trend Line Detection and Alert

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    #16
    Hi Apat1,

    It is set to true in the code and also in the properties window by default. But I see it gives signal even before a bar closes below the trend line. Not sure what to change to fix it, so that it gives signal only when a bar "closes" below trendline.

    Thanks
    RK

    Comment


      #17
      Does anyone understand the methodology of using this indicator?
      When it gives a long trendline are you supposed to go long?
      Or wait until it goes long and gives the arrow of breaking the trend then go short?
      What is the arrow breaking the trendline supposed to signify exit the line trend or go other direction?
      Thanks

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        #18
        There is no trading methodology on this indicator. Its purely a visual that draws trendlines and alerts you to a break. Interpret as you see fit.
        RayNinjaTrader Customer Service

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          #19
          Keeping trednline breaks on

          Hi Ray,
          Firstly, thanks to the best indicator I ever used. It makes my trading so much easier.

          Now, I need to visually analyze the price for the whole day, not just during an active trendline drawn object. I tried to comment out all the "RemoveObject..." to try and keep all the arrows for the previous trendline breaks. However, this does not seem to work.

          Would you be able to advice/guide me to make this feature possible? Appreciate your assistance.

          Happy Thanksgiving to you and the entire NT team. You guys do a great job.

          Cheers,
          SA

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            #20
            You are welcome...Not looking at the code, I suspect in the DrawArrow() call, the same tag parameter is used for each break, try changing this to be unique such as:

            DrawArrow(CurrentBar.ToString()...)
            RayNinjaTrader Customer Service

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              #21
              Ray,
              Thank you. Works!

              SA
              Last edited by superarrow; 11-30-2008, 07:03 AM.

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                #22
                Historical trend Lines

                Is it possible to modify this indicator to leave a history of the prior trend lines on the chart when a new one is plotted...?

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                  #23
                  Hi pgabriel, you could apply the same concept as discussed for the plotting the past break points (unique tag ID's) to the DrawRay() statements by adding + CurrentBar to them...this would then create a new draw object each time leaving the history of objects unmodified.
                  BertrandNinjaTrader Customer Service

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                    #24
                    Here
                    http://www.ninjatrader-support2.com/...ead.php?t=6648

                    Get "TrendlinesAll.zip"


                    Edit: I'm not sure how I did that, but you can just click TrendlinesAll in this message.......
                    Last edited by goldfly; 01-12-2009, 12:35 PM.

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                      #25
                      Thanks... that was quick...but as the lines are all rays it really clutters up the chart...can you limit the history to just the current day...?

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                        #26
                        delete trendlines

                        Some trendline softwares have delete old trendlines functions.

                        I noticed that there are so many great trendlines for Metatrader, but unfortunately this is very different story for Ninjatrader.

                        Is it because Ninjatrader is difficult to program trendlines? Or is it because people who are not interested in developing indicators for Ninjatrader?

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                          #27
                          downloading

                          well I downloaded the file and saved it on my desktop. I have to copy and paste however I do not remember how...anyone can help me?

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                            #28
                            Welcome to our support forums dannyss35 - just go to File > Utilities > Import NinjaScript and point to the downloaded zip file then.
                            BertrandNinjaTrader Customer Service

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                              #29
                              Hi,

                              first, thanks for this tool.

                              One question: Could it be modified to also draw the contrary trendline to create a channel?

                              Comment


                                #30
                                Hi timokrates, this would be possible - you can review the sourcecode of this study and work the needed changes in. If you need the modification professionally programmed, please consider contacting those consultants - http://www.ninjatrader.com/webnew/pa...injaScript.htm
                                BertrandNinjaTrader Customer Service

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