The TMV

[marketvoyager]

I would like to have the TMV on ninjatrader. I first learned about it on tos. I have found that it works very well on trending days and even on the chops. Basically it could tell you when its time to exit a trade, but only with the actual SPX, not the ES, and not so much when to enter on the chop. I don't know if this is the correct forum or if I am allowed to post the code, but here it is

input price = close;
input keltnerLength = 13;
input volumeFastLength = 1;
input volumeSlowLength = 20;
input ADXLength = 10;
input SMALength = 8;
input volumeOscThreshold = 0.5;
input paintBars = yes;

def keltnerSMA = Average(hlc3, keltnerLength);
def avgRange = Average(high - low, keltnerLength);
def volumeOsc = reference VolumeOsc("fast length" = volumeFastLength, "slow length" = volumeSlowLength, "diff type" = "percent");
def ADX = reference ADX(ADXLength, AverageType.WILDERS);
def SMA = Average(price, SMALength);

plot KeltnerHigh = keltnerSMA + avgRange;
plot KeltnerMid = keltnerSMA;
plot KeltnerLow = keltnerSMA - avgRange;
plot VolumeSpike = volumeOsc > volumeOscThreshold;

KeltnerHigh.SetDefaultColor(GetColor(4));
KeltnerMid.SetDefaultColor(GetColor(4));
KeltnerMid.SetStyle(Curve.LONG_DASH);
KeltnerLow.SetDefaultColor(GetColor(4));
VolumeSpike.SetDefaultColor(GetColor(1));
VolumeSpike.SetLineWeight(3);
VolumeSpike.SetPaintingStrategy(PaintingStrategy.B OOLEAN_POINTS);

DefineGlobalColor("Up", Color.UPTICK);
DefineGlobalColor("Neutral", Color.GRAY);
DefineGlobalColor("Down", Color.DOWNTICK);
AssignPriceColor( if !paintBars
then Color.CURRENT
else if ADX > ADX[1] and price > SMA
then globalColor("Up")
else if ADX > ADX[1] and price < SMA
then globalColor("Down")
else globalColor("Neutral"));

[canaussieuck]

I would like to have the TMV on ninjatrader. I first learned about it on tos. I have found that it works very well on trending days and even on the chops. Basically it could tell you when its time to exit a trade, but only with the actual SPX, not the ES, and not so much when to enter on the chop. I don't know if this is the correct forum or if I am allowed to post the code, but here it is

input price = close;
input keltnerLength = 13;
input volumeFastLength = 1;
input volumeSlowLength = 20;
input ADXLength = 10;
input SMALength = 8;
input volumeOscThreshold = 0.5;
input paintBars = yes;

def keltnerSMA = Average(hlc3, keltnerLength);
def avgRange = Average(high - low, keltnerLength);
def volumeOsc = reference VolumeOsc("fast length" = volumeFastLength, "slow length" = volumeSlowLength, "diff type" = "percent");
def ADX = reference ADX(ADXLength, AverageType.WILDERS);
def SMA = Average(price, SMALength);

plot KeltnerHigh = keltnerSMA + avgRange;
plot KeltnerMid = keltnerSMA;
plot KeltnerLow = keltnerSMA - avgRange;
plot VolumeSpike = volumeOsc > volumeOscThreshold;

KeltnerHigh.SetDefaultColor(GetColor(4));
KeltnerMid.SetDefaultColor(GetColor(4));
KeltnerMid.SetStyle(Curve.LONG_DASH);
KeltnerLow.SetDefaultColor(GetColor(4));
VolumeSpike.SetDefaultColor(GetColor(1));
VolumeSpike.SetLineWeight(3);
VolumeSpike.SetPaintingStrategy(PaintingStrategy.B OOLEAN_POINTS);

DefineGlobalColor("Up", Color.UPTICK);
DefineGlobalColor("Neutral", Color.GRAY);
DefineGlobalColor("Down", Color.DOWNTICK);
AssignPriceColor( if !paintBars
then Color.CURRENT
else if ADX > ADX[1] and price > SMA
then globalColor("Up")
else if ADX > ADX[1] and price < SMA
then globalColor("Down")
else globalColor("Neutral"));

Is this not it? here?

[NinjaTrader_PatrickH]

Hello marketvoyager,

You can find the direct link to the TMV below.

• http://ninjatrader.com/support/forum...d=4&linkid=509