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_ CLT
Jul 02, 2024
In Custom Indicators
Levels and Stats
levels.mp4
Deltabars
deltabars.mp4
Clusterbars
clusters.mp4
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_ CLT
Jul 01, 2024
In Custom Indicators
Ninja tips.mp4
Research tips
These indicators can take a lot of time to load when you are looking at a lot of days of data at one time.
Inside of your data panel it allows you to choose an end date. For certain indicators when reviewing past history, loading just a week at a time will be a huge timesaver.
When researching longer timeframe delta zones, you will need to add some additional days. An example here is looking at a 30-day delta chart. The best way to do this is to load 35 days worth of data, but skip ahead in time one week at a time. This way you're getting a full view of when those levels were created. This will take a bit longer to load, but worth your time researching how the market responds to these zones. Using 60-minute charts will reduce the load time.
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_ CLT
Jun 25, 2024
In Custom Indicators
Feel free to write everything below, and I will transfer them up here in to the main post. This is also an easy way to see what's already been suggested.
1-Full profiles and vwap.... These are coming.
2-Increase the size of the rotation markers.
3-Fixed range profile (with delta)
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_ CLT
Jun 25, 2024
In Custom Indicators
Levels
These are settings for the ES.
For NQ, 1%, minimum of 150 and max 5 are settings I look at.
For a larger timeframe view, I will use a 30 minute up to a 4 hour. Just depends on how much time I'm looking at.
Usually I will check a 14 day, 30 day and 60 days worth of data. Even if you select 60 days data, it will work perfectly fine checking a 14 day, 30 day etc.
We just need to change profile two in this scenario.
If you'd like to view a larger timeframe NQ, I recommend 1%, a minimum of 400 and max 10.
Delta bars
These are settings for a 16 range ES chart
For NQ, I use 20 for filter 1 value, and 100 on filter 2 value. Typically I look at this on a 30 to 40 range chart.
Cluster Maps
These are standard settings for the cluster map.
This is currently optimized for ES, I do not use this in NQ.
These settings below are looking for extremes at edges only
Stats
The only settings that need to be adjusted here are the times if you are outside of the eastern zone.
Overnight is futures reopen to US equities open. RTH is regular US equities hours.
Note, these levels are meant for ES only.
What do The indicator settings do?
Levels
These settings work the same on heatmap 1 and 2. This allows you to display different single-day settings on the same chart, or even have a current day and composite profile.
1-Profile period
This simply allows you to change from the current session, to a number of days.
2-Display type
This allows you to choose between delta or volume for the heatmap display.
3-% level
This allows you to choose a % of levels you want to view. If 1% is chosen it will show you the largest levels in that threshold. If you unclick use % level, it will turn off the filter.
4-Minimum level
This allows you to add a minimum size delta you would like showing on the chart. Over time, you will find what is significant to you for whatever instrument you are using.
5-Max filter
This allows you to show a max number of levels on the heatmap. It will always use the largest of whatever number you select.
6-Buy and sell color
These are buy and sell colors based off the delta. If volume is chosen the levels will just be grey.
7-Gradient
Selecting gradient will make the levels darker to lighter according to size. If the gradient is not selected, you have the option to just use a single color. The opacity will control the bightness.
The only current setting displays how much of the orderbook you'd like to see in % terms. We have some new settings that will be coming here down the road, including a heatmap.
DeltaBars
1-General settings
As this is a footprint, the buy and sell will allow you to color positive and negative delta any way you'd like. Preference for me is to use a single color, which I will explain below. Neutral color is just a 0 print, and text color is self-explanatory. As far as gridlines, this will give you separation between the numbers if you'd like.
2-Filter 1 & 2
This allows you to choose a minimum size delta you'd like to color in. For each market, and even timeframe these numbers can be different. This is why I prefer to keep the buy and sell in general settings a single color, as I'd like my eye drawn to the larger deltas. Filter two, also has an option to highlight. This surrounds a larger level with another color if chosen.
3-Rotation
This tool looks for directional moves and gives you a little warning sign. It is not a buy here, sell there indicator. However it can let you know when a very directional rotation is complete. For example, if you use 5 on a 16 range chart, it will look for 5 continuous bars in a row with no counter rotation. It will draw a small yellow marker as a reminder this step has completed. After the first counter trend bar, it will then draw another marker in the buy or sell color as a reminder a turn has occured.
4-Volume
% Is the volume increase we are looking for here, and length is the amount of lookback. In the image above we are looking for a bar with 200% or more volume as compared to the last 20 bars on average. It will then draw a buy or sell color wrapping your delta bar in real time.
Cluster Map
The settings here are very similar to the heatmap, we will go over the ones with some difference.
1-Cluster size
These control a minimum and maximum size. What it is look for, is a contiuous amount of positive or negative delta values in a row.
2-Minimum delta
This is the minimum size delta that the cluster from above needs to be.
3-Max filter
The max filter is just like the heatmap. It allows you to select the max number of rectangles you want to see.
4-Extreme
This filter only shows the rectangles at an extreme edge of the chart.
Stats
The stats work with ES futures only. The only real settings that need to be adjusted are if you live outside of the easter time zone. This plots and rty high and low line on your chart and two types of magnets. HOT= high odds touch.
HOT1
Hot 1 is two lines. At some point the day, there is an extremely high probability that ONE of these two levels will touch during the regular session. The lines will stop once one is touched during the regular session.
HOT2
Hot 2 is a single level. Although not as high probability at HOT1, it does like to get a visit on most days. The line will stop once touched during the regular session.
The next update will include a HOT3.
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_ CLT
Jun 21, 2024
In Custom Indicators
First, you will need to download ninja here, www.ninjatrader.com/trading-platform/
This works with the free version, like all platforms you will have to pay for data.
Having a brokerage, even if you don't use it with Ninjatrader is the cheapest option This will get you level 2 cqg data for $16 a month for non-professionals. Your other option will be Kinetick. Make sure you look at non-professional rates, as sometimes the site advertises the more expensive ones until you sign the forms. Both of these can be added after you have downloaded ninja from their site, directly in the member portal. You can always try the platform with Kinetick, and drop down to the cheaper cqg data at any time. If you are going to access future orderbook information, make sure you select level 2 data.
DxFeed is another option for data as well. However, I would caution that the data is not always 100% correct.
Installing
Start the NinjaTrader application and login to your account. Once you are logged, from the NinjaTrader panel, go to Tools > Import > NinjaScript Addon.
Select the zip file which was previously downloaded.
• Click yes for all the dialog prompted.
Once the addon is installed, NinjaTrader requires to restart the NinjaTrader application.
Click ok button and now NinjaTrader will ask to restart the application in order to complete the install process.
To exit, click the cross “x” button on the top right side.
• Done, restart the application again.
• Login to the NinjaTrader.
Activating license
Once you have installed the addon the next step is to activate the license key. License key can be activated from the NinjaTrader application dashboard.
• Go to new in the menu
Click Trade The Indexes Addon from the dropdown.
• You will be presented with the screen to activate your license key.
Paste the license key which was copied earlier from the TradeTheIndexes dashboard.
• Click the activate button.
• If the license is valid, the license activation request will be successful.
Once the license activation is successful, indicators can be used.
Adding indicators to a chart.
• Always let your charts load before adding any indicators or connecting to data.
• Load your indicators before connecting to a data source.
• we will go over settings in a future post.
On your control panel, click new, then select chart.
You then choose ES in the top left corner. On the right side, you can choose your chart type, here we have selected range. A 16 range chart is 16 ticks, or 4 points in the es. Feel free to try tick charts, and even volume charts. Out of the box, you only need to choose 1 days worth of data to get started.
Although this is not a requirement, it will make you charts look and feel better. One you have a chart loaded, you can right click on the price column... Then select properties. You can then change your margin type. I use 20 as my settings. This will make it so your bars are not at the exact high and low of your screen.
You will then click the indicator icon at the top of your chart.
Once inside, you will add each of the 4 indicators.
Once you have found the settings you would like. You can then save the workspace to not go through this process again.
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_ CLT
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