Pivot Question

[NinjaTurtle]

Settlement Price

Harry,

I have one more question. Since you worked a lot on the pivots, you of course know what a settlement price is. And that it is very widely used as the actual close price in pivot calculations. Do you know if Zenfire or NT provide that price by now and if so, how to make it available in the indicators.

[Harry]

NT development has a bit underestimated the task of reshaping NinjaTrader. Some competitors, such as MultiCharts are moving much faster. But there is no question that it will work in the end, it is already pretty stable.

Absolutely. After all it's of no use if it doesn't work right permanently. The Beta's seem to be still full of bugs. I just couldn't make a backup, some indicators don't behave absolutely right etc. Well, I remember one of Ray's posts in which he wrote that they were about half done. According to my calculation from back then we should end up somewhere around Beta 25. In the end it's not a Beta phase, they just disguised their normal development phase as a Beta phase. After all they're so late, they had to give their customers something. Business as usual.

So, if it's not a big deal and you manage to implement it without a big effort, I would be grateful. Have a nice evening.

[NinjaTurtle]

Absolutely. After all it's of no use if it doesn't work right permanently. The Beta's seem to be still full of bugs. I just couldn't make a backup, some indicators don't behave absolutely right etc. Well, I remember one of Ray's posts in which he wrote that they were about half done. According to my calculation from back then we should end up somewhere around Beta 25. In the end it's not a Beta phase, they just disguised their normal development phase as a Beta phase. After all they're so late, they had to give their customers something. Business as usual.

So, if it's not a big deal and you manage to implement it without a big effort, I would be grateful. Have a nice evening.

[Harry]

Let me better focus on making it work, there are still two problems, both NinjaTrader bugs -- that affect the working of the indicator. It throws occasional exceptions in CalcFromIntradayData mode at Bars.GetBar(ChartControl.LastBarTimePainted) which is only needed for error messages. Also it does not work on Renko bars, because Bars.FirstBarOfSession does not work as expected. But these are small Beta problems, which will quickly disappear.

Yes, you're right. It's rather subjective. I guess I'm just used to it as another reference point I watch. And since it was in your older versions which I use for quite a while now, I thought that it would be nice to have it back. But I don't mean to bother you. If it's just a matter of minutes to implement it and you find the time, it would be nice. If not, I guess/hope I could also live without it. Old habits are hard to break.

[NinjaTurtle]

Yes, you're right. It's rather subjective. I guess I'm just used to it as another reference point I watch. And since it was in your older versions which I use for quite a while now, I thought that it would be nice to have it back. But I don't mean to bother you. If it's just a matter of minutes to implement it and you find the time, it would be nice. If not, I guess/hope I could also live without it. Old habits are hard to break.

[Harry]

Don't you think that the close 2 days ago would be more important than yesterday's open? If at all yesterday's opening range would me tell more than the open....

Hi Harry,

thanks for the fast answer. You're right, it's not important for the pivot calculation. I just use it as a general information on every chart. Just another reference point. I use it on all instruments I trade, which are mainly the Eurex and CME/CBOT futures.

[NinjaTurtle]

Hi Harry,

thanks for the fast answer. You're right, it's not important for the pivot calculation. I just use it as a general information on every chart. Just another reference point. I use it on all instruments I trade, which are mainly the Eurex and CME/CBOT futures.

[Harry]

Indeed I have left this out, as it is not needed. The open of the current session can be displayed via anaCurrentDayOHL, but as I understand that is not what you want.

For what instruments do you use the prior open, do you want to use it as a proxy for the close 2 days ago?

Hello Harry,

I need your help if you find the time. I tried to adjust your Session Pivot indicator for NT7. In earlier versions (NT 6.5) you had the prior day open included. As I want to see the prior day open, I tried to adjust your indicator. The result is, that I get some Pivots without price markers. And even this only works with the indicator window open and when I click "Apply". As soon as the next tick comes, everything disappears again.

I won't bother you with my dreary attempts. But if you find the time it would be nice, if you could add the Prior Day Open to your indicator.

[NinjaTurtle]

Help needed with Pivots - Prior Day Open

Hello Harry,

I need your help if you find the time. I tried to adjust your Session Pivot indicator for NT7. In earlier versions (NT 6.5) you had the prior day open included. As I want to see the prior day open, I tried to adjust your indicator. The result is, that I get some Pivots without price markers. And even this only works with the indicator window open and when I click "Apply". As soon as the next tick comes, everything disappears again.

I won't bother you with my dreary attempts. But if you find the time it would be nice, if you could add the Prior Day Open to your indicator.

[Harry]

SessionPivots indicators for NT 6.5 and NT 7.0 can be found here:

http://www.ninjatrader-support2.com/vb/local_links_search.php?action=show&s=&literal=1&search=SessionPivots&desc=1&keys=1&ents=1

[symphys]

Is a NT7 version already available?

[Harry]

I might write some notes for the NT7 version of the indicator. I do not mind being bothered. Last time I was bothered, I detected a false default setting of the indicator and fixed it.

Hello Harry,

Is there a way to publish your configuration notes on this forum so that one can access these quickly without having to hunt through the posts (and also not needlessly bother you).

Cheers,
Kumar

[Harry]

There is a simple difference between NT 6.5. and NT7 -> the NT 7 session (session template of chart) cuts off the range bar, the NT 6.5 session (as per chart properties) does not.

As a consequence, if you apply pivots in CalcFromIntradayMode to range charts in NT7 you will get exact values, in NT 6.5. you will not. In DailyBars mode both NT7 and NT 6.5 should give you accurate values, but these are not session related, because they use daily data directly from your data supplier.

So if you do not want to put in all values manually -> either buy yourself daily data or switch to NT7.

Harry,

I may load Ninja 7 this weekend. Can you explain again the steps you take in Ninja7 to use minute data for the pivots on a range bar or renko bar chart?

Would it be easy/possible for Ninja to create this kind of functionality in Ninja 6.5?

Right now I'm having to manually enter the previous day's high low close on all of my renko and range bar charts every morning. That is 10 charts...it's a pain!!

Thanks,
Todd

[kumar]

Hello Harry,

Is there a way to publish your configuration notes on this forum so that one can access these quickly without having to hunt through the posts (and also not needlessly bother you).

Cheers,
Kumar

[toddaclark]

Harry,

I may load Ninja 7 this weekend. Can you explain again the steps you take in Ninja7 to use minute data for the pivots on a range bar or renko bar chart?

Would it be easy/possible for Ninja to create this kind of functionality in Ninja 6.5?

Right now I'm having to manually enter the previous day's high low close on all of my renko and range bar charts every morning. That is 10 charts...it's a pain!!

Thanks,
Todd