SlingShot

[roonius]

I came accross "the new indicator" from TTM. They call it "SlingShot".
They charge $697 (for two moving averages??????????????). Sometimes people are really funny.

So I "borrowed" some code from Ichimoku indicator and NT users can test
"SlingShot" for free

More information about SlingShot:

http://www.tradethemarkets.com/products/item82.cfm

Roonius

[Elliott Wave]

Looks a bit like an indicator called trigger lines (which is quite good).

thanks again.

[max-td]

Nice idea with that Ichimoku-style roonius!
ThanX for this one
max-td

[ctrlbrk]

roonius,

Thank you for this indicator, I have put it to use over on this thread.

[ctrlbrk]

roonius,

Is this indicator ready for strategy use? I am having trouble because it generates errors due to the Color [xxx] parameter.

[roonius]

Try to redownload it. I made little changes... it should work now - moved color from parameters to visual (thanks Elliott for the hint)
I am not into developing the strategies as of yet... Probably have to try

[RJay]

Roonius,

Truthfully, I'm not as impressed as most with Slingshot. But in your screen print you are using another indicator called RValueChart.

I am interested in that one. Did you find it here? Is it anything your willing to share? If its a personal indicator, I understand.

Let me Know,

RJay

[roonius]

http://www.ninjatrader-support2.com/vb/showthread.php?p=64350#post64350

[RJay]

Perfect !!!!

Thank you and thank you Elliott for uploading this.

RJay

[dwalls]

Thanks roonius.

Very nice indicator. I have a question though:
Is it possible to add a "Price Type" to the "Slow MA Length" so that each MA Length could have its own seperate "Price Type" setting...incase I wanted to use the "Fast MA Length" Close and a "Slow MA Length" Open as the crossover?

If so, how could I do that?
If possible any help would be great.

Thanks

[T2020]

Change Ma Type ?

Hello roonius.
I'm trying to change one of the MA types to LinReg . On some indicators this
is all that's necessary . I'm not having any luck with this . Changing say the
TMA to LinReg where ever I see it . Could you tell me what I'm missing ?
thx .

[roonius]

Hello roonius.
I'm trying to change one of the MA types to LinReg . On some indicators this
is all that's necessary . I'm not having any luck with this . Changing say the
TMA to LinReg where ever I see it . Could you tell me what I'm missing ?
thx .

Why aren't you having any luck?
Any errors? What are you getting?

[T2020]

Why aren't you having any luck?
Any errors? What are you getting?

My mistake . I must have mistyped something . Tried it again and it worked.
Thank you for getting back to me .

[Jeff_Brower]

Using SlingShot in a strategy

roonius, I love the way the indicator looks and I found a great way to use it in a strategy (I think) but I can not seem to make it work. Can you please document for me how to include it in a strategy script?

I have tried several forms of:

Add(Strategy.SlingShot(15, PriceType.Close, SlingShot.Utility.MovingAverageType.EMA, 30, PriceType.Close, SlingShot.Utility.MovingAverageType.EMA));

and it keeps telling me:

... is a 'method' which is not valid in the given context

Nothing I do seems to make a difference.

Thanks!

-- Jeff

[roonius]

roonius, I love the way the indicator looks and I found a great way to use it in a strategy (I think) but I can not seem to make it work. Can you please document for me how to include it in a strategy script?

I have tried several forms of:

Add(Strategy.SlingShot(15, PriceType.Close, SlingShot.Utility.MovingAverageType.EMA, 30, PriceType.Close, SlingShot.Utility.MovingAverageType.EMA));

and it keeps telling me:

... is a 'method' which is not valid in the given context

Nothing I do seems to make a difference.

Thanks!

-- Jeff

Attached sample strategy should help you to solve your problem