Automatic Trend Line Detection and Alert

[RK_trader]

Thanks Josh. I appreciate it.

Do you know what the "strength" field indicates? Does it indicate number of swing pivots needed for drawing the trendline?

Did you test whats the optimum strength field for ES 3 min chart. Appreciate your time on this.

Thanks
RK

[NinjaTrader_Ray]

Strength represents the number of bars left and right of a pivot required to form a pivot. I have not done any optimization to determine best values on any time frame.

[NinjaTrader_JoshP]

The reason it is trying to overwrite the Swing indicator is because the way the export NinjaScript is designed is to allow the export file to work on its own. You can safely overwrite your Swing indicator as it is the same file. There will be no changes done.

[RK_trader]

Thanks Ray for the auto trendline indicator.

When I tried to install it is trying to overwrite the default "swing"indicator, is this expected? Does it change swing indicator in anyway?

What does the "strength" field indicate? Does it indicate number of swing pivots needed for drawing the trendline?

Did you test whats the optimum strength field for ES 3 min chart. Appreciate your time on this.

Thanks
RK

[prostyle]

Trend Line Question

Hello,

You auto trend line is GREAT! I love it.

Have a question for you. How hard would it be
to devise a indicator that works the same type of
way but works with divergence?

Ie - plots the divergence between price action
and say macd or stoch or both :-)

Thanks,

Colin

[BC5391]

Thanks Ray,

I did modify the alert, any wave file you want can be created here

http://public.research.att.com/~ttsweb/tts/demo.php

[NinjaTrader_Ray]

This is an indicator I published for the September 07 issue of S&C. This indicator is provided on an "as-is" basis.

To import:

- Download the file contained in this thread to your desktop
- From the Control Center window select the menu File > Utilities > Import NinjaScript
- Select the downloaded file