Ergodic

[NinjaTrader_JoshP]

It may be best to contact the original author of the custom indicator since due to bandwidth issues we cannot provide direct custom coding.

You can also try contacting one of our NinjaScript Consultants here: [url]http://www.ninjatrader.com/webnew/partners_onlinetrading_NinjaScript.htm[/url]

[zoltran]

I've made a new version of the ECO that displays the rising/falling status a bit differently.

- Histogram - Green over 0, Red below 0
- ECO Line - Green when Rising, Red when falling

Same formula, just a different display.

Colours in the screen shot are gaudy on purpose, just to show the lines.
ECO 2 on the bottom

[zoltran]

Updated ECO2 to correct some formating problems.
Sure wish NT had an easy way to draw a rising/falling line without using two extra plots.

Please re-download from the original post (#32 below)

[Druid]

ECO indicator updates

Zoltran,

Thank you for keeping the ECO indicator updated.

Much appreciated!

[zoltran]

ECO Based Price Bars

I've been playing with an idea about using the ECO State as a price bar.
I don't like a lot of indicators on my chart, and this is an attempt at mapping the important info from the ECO indicator onto the price panel.

That is ...[LIST=1][*]Green = Strong Long ECO, Above Zero, Above it's signal line, and over a minimum 'chop' threshold[*]FadedGreen = Weakening Long ECO, Above Zero, BELOW it's signal line, and over a minimum 'chop' threshold[*]Red = Strong Short ECO, Below Zero, Below it's signal line and a minimum 'chop' threshold[*]FadedGreen = Strong Short ECO, Below Zero, ABOVE it's signal line and a minimum 'chop' threshold[*]Yellow = Chop ... ECO between the chop threshold (default =/-8 .. can be tuned)[/LIST]

Also plot dots to show ECO hooks or 'ZLR' on the price panel.
Not sure how useful this will be .. but it was an interesting exercise.

[crossover]

strategy

I have been experimenting with the ergodic indicator and it is working fine

I use the 24,6,14 and the cross for buy and sell is good indicated.

I did a lot of work to have it in a startegy for NT but i wont succeed...


any idea how to do that?

[meyer99]

Nwbie Q here:
After I download the files what should I do next to be able to use the ECO?
Save to NT folder, import, etc?
Thank you

[thrunner]

You need to import the Zip file.
[URL]http://www.ninjatrader-support.com/HelpGuideV6/Import1.html[/URL]

[meyer99]

[QUOTE=thrunner;28734]You need to import the Zip file.
[URL]http://www.ninjatrader-support.com/HelpGuideV6/Import1.html[/URL][/QUOTE]
Thrunner,
Thank you. Was trying to import the unzip files. Once I tried with the zip files it worked.

[meyer99]

Zoltran,
Have you/can you do the high/low activator?


Here is the Metastock-Version of GANN - HiLo

HLd:=If(CLOSE>Ref(Mov(H,3,S),-1),
{then}1,
{else}If(CLOSE<Ref(Mov(L,3,S),-1),
{then}-1,
{else}0));
HLv:=ValueWhen(1,HLd<>0,HLd);
HiLo:=If(HLv=-1,
{then}Mov(H,3,S),
{else}Mov(L,3,S));
HiLo;

It's the three-period moving average of the highs or lows plotted one day forward (see page 55 of the February 1998 S&C). If the market is in an uptrend and today is day 4, the hi-lo activator for day 4's trading is the low from days 1, 2 and 3 added together and divided by three. This value is the hi-lo activator for all of day 4. It does not change until the close of day 4. Then, for day 5, the hi-lo activator is the low from days 2, 3 and 4, added together and divided by three. The same concept applies for calculating the highs.

Also see [url]http://ensign.editme.com/1317[/url]

Thank you. Great job on ECO!

[PrTester]

[quote=meyer99;28780]Zoltran,
Have you/can you do the high/low activator?


Here is the Metastock-Version of GANN - HiLo

HLd:=If(CLOSE>Ref(Mov(H,3,S),-1),
{then}1,
{else}If(CLOSE<Ref(Mov(L,3,S),-1),
{then}-1,
{else}0));
HLv:=ValueWhen(1,HLd<>0,HLd);
HiLo:=If(HLv=-1,
{then}Mov(H,3,S),
{else}Mov(L,3,S));
HiLo;

It's the three-period moving average of the highs or lows plotted one day forward (see page 55 of the February 1998 S&C). If the market is in an uptrend and today is day 4, the hi-lo activator for day 4's trading is the low from days 1, 2 and 3 added together and divided by three. This value is the hi-lo activator for all of day 4. It does not change until the close of day 4. Then, for day 5, the hi-lo activator is the low from days 2, 3 and 4, added together and divided by three. The same concept applies for calculating the highs.

Also see [URL]http://ensign.editme.com/1317[/URL]

Thank you. Great job on ECO![/quote]


I think Ben do what your looking for :[URL]http://www.ninjatrader-support.com/vb/showthread.php?t=5063[/URL]

[meyer99]

Thank you Prtester. It does not work ok with v6.5.9

[zoltran]

I have updated Ben's indicator.. i think this does what you want

[meyer99]

Thank you Zoltran!. I will try it next week.

[mrlucky1x]

This file saves as "attachment.php" and not the real file name. How can this be imported into NT 6.5?