Also can you explain a little how this indicator is used? Thank you.
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NinjaTrader_ChelseaB Indicator
Hi. On the A1MarketInternals NYSE TICK And Advance/Decline Market Internals indicator, what do the blue and red T mean that pop up on the chart?
Also can you explain a little how this indicator is used? Thank you.Tags: None
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Also, The yellow line on the indicator in the photo in the ecosystem shows that the yellow line moves.
But when I plot the indicator, the yellow line is flat at zero. Why is that?2 Photos
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I think I dont have ADD data. I do have Data for the NYSE Tick.
What is the ticker symbol for the NYSE Tick?
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Hello Johnny Santiago,
The Advance Decline indicator does not have red or blue objects.
NYSE Advancing Issues/Declining Issues Uses historical tick data to calculate the ^ADV index minus the ^DECL index to give a simulation of the ^ADD index. Requires a data feed that supports indexes and provides data for the ^ADV (NYSE Advancing Issues) and ^DECL (NYSE Declining Issues). Update June 16th, 2020 – Corrected stroke attributes to […]
With the A1MarketInternals this was ported from the NinjaTrader 7 indicator made by monpere. I'm not certain what the objects in this script are indicating. monpere may know.
Created this indicator to plot the 1 minute NYSE TICK and Advance/Decline on my range bar trading charts. I use it to see high/low TICK thresholds, TICK divergences, and A/D line market strength, used together to predict short term overbought/oversold market reversals. This can tell you when a pullback is imminent, or help trade reversals. […]
With the NinjaTrader 8 indicator, the yellow I believe is the AdvanceDecline and requires ^ADD and ^DECL indexes to show information during US Equities RTH hours.
^ADD and ^DECL would require a subscription for market internals with your brokerage account to see this update in real-time, but would load historically.
The NYSE Tick is the ^TICK.
Chelsea B.NinjaTrader Customer Service
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