Ergodic

[velocity]

simjs

So simjs,

I too am still a little confused by your post. Where is the code for your "prof logic ergodic indicator" in Multichart program so that someone can migrate it over.

[NinjaTrader_Bertrand]

Hi sharky2372, I followed what you had in mind, unfortunately we don't provide custom coding services - for this you would need to work with a NinjaScript consultant - [URL]http://www.ninjatrader.com/webnew/partners_onlinetrading_NinjaScript.htm[/URL]

[shark bite]

need colors

yes im aware that you dont provide custom work i just thought that anyone could try to do it and it would benifit everyone.... thanks anyway i will look elswhere...sam

[nkhoi]

try FRAMA_N

[QUOTE=sharky2372;94451]could some one help me to paint my frama_4 up green down red sideways yellow its one of my main indicators and colors would make it much simpler to read here are the settings 2-3-15-7-close-34
frama-k band is yellow and the other 2 bands are netural if someone colud figure this out for me i would appericiate it thanks sam[/QUOTE]

[shark bite]

hey nkhoi thanks that was exactly what i wanted im not so good with computers lol i was jumping out of planes in the sand for the last 10 years so im just now getting aquainted with computers... thanks again...sam

[zoltran]

Right Bertrand

The 'Ergodic' is just based on the built-in Ninja TSI indicator.
The Ergodic applies smoothing to the TSI and plots the histogram and Signal line.

ECO is Blau's 'Ergodic Candlestick Oscillator ' and is different.
It's looking at the difference between the High/Low and Open/Close .. much like a Candlestick chart does. Hence the name. And it only looks at the current bar. Period.
That's why it isn't affected by Gaps.. No Rocket Science ;-)

The bulk of the coding in both indicators is just to handle the different colors and plots.

[zoltran]

[QUOTE=rt6176;94405]Hi All,

I just noticed that the ECO2New Indicator has an additional bar of lag over the previous ECO2 Indicator. This is on a 4 tick Range chart.

RJay[/QUOTE]


Rjay ... There should be no differences in 'lag'.. as it was just a color change.

Can you post a screenshot with both the Old and new eco on the same chart, so I can see what you're looking?

[RJay]

[quote=zoltran;94912]Rjay ... There should be no differences in 'lag'.. as it was just a color change.

Can you post a screenshot with both the Old and new eco on the same chart, so I can see what you're looking?[/quote]

zoltran,

It does look a little late. Advantages - new version is a lot smoother.

RJay

[ctrlbrk]

RJay,

This is why.

[IMG]http://i40.tinypic.com/2nm3jah.png[/IMG]

You aren't comparing apples to apples :)

Mike

[zoltran]

[QUOTE=rt6176;94920]zoltran,

It does look a little late. Advantages - new version is a lot smoother.

RJay[/QUOTE]

Hi Raj
You have different parameters on each.
3,5,14 for the old one, and 7,4,21 for the new...

So it will look different.....

[zoltran]

William Blau created the ECO .. I just coded it for Ninja, using the formula in Mr. Blau's book. There's not a lot of info on the net about the ECO, so I thought I'd add a bit more here on the 3 ECO parms.

The 3 parms are slow, fast, and signal

The 'slow' parm is the cycle time, and is similar to a Moving Average length ..
- It mainly affects how quickly the ECO will move above and below the Zero line.
- Try different lengths here ... Longer.. such as 30, or 50, or even 100 do a good job of showing the longer term trend.

The 'fast' parm controls how smooth the the ECO line looks. It could have been called 'smoothing'. Longer values will smooth out the jagged edges. You'll notice it doesn't introduce much lag...

The 'Signal' parm controls how tightly the signal line hugs the ECO.

Take a look at the screenshots that Raj posted below to see some differences. I'll post some of my own later this week

[shark bite]

scalping chart

hey ctrlbrk love your blog here is my chart maybe will give you some ideas,ive borrowed some of yours lol anyway keep up the good work and im waiting for your channel this......sam

[ctrlbrk]

Sam,

I just released ChannelThis and new DoubleMA, just for you. :)
[url]http://www.ninjatrader-support2.com/vb/showthread.php?t=17177[/url]

Zoltran,

Thank you for the detailed info. I intend to read some of his books, brilliant trader and man.

Mike

[shark bite]

thanks mike

wow your channel this made my chart better lol....sam
thanks mike:)

[roadshow]

[quote=sharky2372;95172]wow your channel this made my chart better lol....sam
thanks mike:)[/quote]

Excuse me, How can I get sam's eco indicator?:)