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Elders Safe Zone Stopps

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    Elders Safe Zone Stopps

    Hi,

    I've developed my first version of Alexander Elders SafeZone Stopps.
    It's not fully tested. If you have any feedback you are welcome.


    It's developed for NT 6.5.


    regards Ali
    Attached Files

    #2
    Hello Ali321,

    Thank you for sharing this indicator!

    You can also post to our file sharing section, in the 6.5 indicators.
    http://www.ninjatrader.com/support/f...splay.php?f=38
    Ryan M.NinjaTrader Customer Service

    Comment


      #3
      SafeZone

      I'm not sure, that I posted realy clean code, I'll post it in this area when it's fully tested,
      I hope someone will help me here.

      So I hope here is an Alexander fan club to support the development


      regards Ali

      Comment


        #4
        Pls. has somebody have elders safezone for NT 7 to. This is only for 6.5 and my programming skills arent so good.. thanks
        Last edited by iigis; 10-31-2010, 08:38 AM.

        Comment


          #5
          Sorry, I will convert it when NT7 will be released, I don't like to use Beta versions, sorry.

          Comment


            #6
            ESZstops

            Found this posting this AM and looked interesting. Tweeked it to work in NT 7 (b.22) like real stops, so thought I'd put it back as FYI. Havn't tested it much.

            Dean.
            Attached Files
            Last edited by DeanV; 11-08-2010, 07:38 AM. Reason: Uploaded Fix for Rounding Error.

            Comment


              #7
              Thanks for your help with this!

              Comment


                #8
                Thank you for sharing your indicator. Do you have a version that is compatible with NT8? I am a beginner coder and need help converting this.

                Comment


                  #9
                  Has anyone converted this indicator for NT8?

                  Comment


                    #10
                    Attached is a quick conversion to NT8.0.17.2 of the original indicator in posts #1 and #6. I do not know of its usefulness or how it is used.

                    Elder's methods are outdated now, considering all the advances in analytical trading methods. However, If someone provide a description of what this indicator is supposed to do and how it is applied in real trading, I might be able to polish and add user friendly "bell and whistles."

                    Cheers!
                    Attached Files
                    Last edited by aligator; 02-23-2019, 04:25 PM.

                    Comment


                      #11
                      Originally posted by aligator View Post
                      Attached is a quick conversion to NT8.0.17.2 of the original indicator in posts #1 and #6. I do not know of its usefulness or how it is used.

                      Elder's methods are outdated now, considering all the advances in analytical trading methods. However, If someone provide a description of what this indicator is supposed to do and how it is applied in real trading, I might be able to polish and add user friendly "bell and whistles."

                      Cheers!
                      thank you aligator, this indicates a simple way to put your stop loss order; elder tries to put in the calculation the noise of the trend, so you can put your stops over that level and ideally prevent to be cut out by noise.

                      Comment


                        #12
                        Originally posted by alfonso95 View Post

                        thank you aligator, this indicates a simple way to put your stop loss order; elder tries to put in the calculation the noise of the trend, so you can put your stops over that level and ideally prevent to be cut out by noise.
                        Can you post a screenshot of a chart with markings that show where (and how) you may have entered a trade and placed your stop based on ESZ?

                        Cheers!

                        Comment


                          #13
                          Originally posted by aligator View Post

                          Can you post a screenshot of a chart with markings that show where (and how) you may have entered a trade and placed your stop based on ESZ?

                          Cheers!
                          As I said before this is just an exit technique, based (in my trading) on a trend following entry.
                          I use a coef. 3, and you exit the trade when the price hit the trailing stop.
                          (I used a slightly different version, one where were displayed both hugh and low side of the stop at the same time)

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