VTTrader: New Indicators & Trading Systems Only: No Discussions please

Please keep this thread clear of all discussions on Indicators and Trading systems as this thread is intended as a Download area only. If you would like to discuss a particular Indicator or TS please use the appropriate thread or start a new one.

If you have an Indicator or TS you would like to post...

Whether it is an Indicator or TS
A brief Description of how to use it
An image

Would, I'm sure, be appreciated by all.

Thanks to all.

Here is the XMA indicator that I like to use for viewing trends shown in 15min GBP US. It is shifted -10 and extrapolates the missing current bars. It is based on a post by Vadim.

A suggestion - this part of the forum should have folders for each indicator.

Guppy MA's by twoblink Posted June 16th 06

http://www.forexfactory.com/forexforum/showpost.php?p=66734&postcount=1

Hi Folks,

One of the nice things about VT is that you are not limited to a maximum of 8 outputs [plots] in an Indicator or Trading system.

This allows us to calculate all relevant Fibonacci Pip Levels in one indicator which, in turn, negates having to plot multiple Indicators to get all the information we need.

Just select the Currency Pair your are applying it to & it will determine the "Important Fibonacci Line" for that pair.

Notice that it may take a little longer to load than MT4 but remember you are actually, in effect, applying multiple Indicators.

In the attached Indicator I have made a minor graphic modification {controlled by user input} to forbid plotting lines if they are beyond the Important Fibonacci Line and too far away from the current Price Action to be of interest..
Why? To avoid squishing the Chart unnecessarily.

Indicator in next Post.

Image.

VWB Daily VT Indicator.

With a little work to the VWB Daily VT Code, you can plot a Close Appriximation of the same Tunnel on charts down to 30 minutes.

Please make sure you have a minimum of 1500 bars on a 30 min Chart before attaching this indicator.

VWB Daily for Lower Timeframes VT Indicator

The image below has Two Indicators plotted.

1) The Lower Frame. Overlayed Stohs VT
A 4,4,2 Slow Stochstic %D plotted on a 30 Minute Chart with a 4,4,2 Slow Stochstic %D Plotted as it would appear on a 2 Hour Chart. The Higher Timeframe Stoh can be any Standard Timeframe you chose from 5 Min to 8 Hours as long as it is Higher than the Base Chart Timeframe.

The re-scaled Volume Indicator changes colour based on Higher/Lower Close.

2) The Price Frame. Overlayed Stoh Dots VT
Mostly the same code with different ouputs to Plot Dots showing when the 2 Stochastics Cross And the 30 Min [base] is above/below the trigger lines.

The Indicators.

A Wild Variation on a Popular Tropical Fish Theme

Readers Digest Version in Bold @ Bottom.


Recently I have been working a little with GMMA [Guppy] and found it quite interesting.
{google Daryl Guppy for more info}

But, as always, after taking it apart I had a difference of opinion in how it was actually being calculated.

I wanted to plot it on a 30 min Chart and so that's where I started.
This is a quote from one of the many sites that google turned up. {google chart finder for the rest of the quote}
[quote]
The inferred activity of traders is tracked by using a group of short term moving averages. The traders always lead the change in trend. Their buying pushes up prices in anticipation of a trend change. Their activity is shown by a 3, 5, 8, 10, 12 and 15 day group of exponentially calculated moving averages.

The trend survives only if other buyers also come into the market. Strong trends are supported by long term investors. The investor takes more time to recognize the change in a trend but he always follows the lead set by traders. We track the investors' inferred activity by using a group of long term moving averages. This group is 30, 35, 40, 45, 50 and 60 day exponentially calculated moving averages.
The GMMA is used in six trading situations
[End Quote]

Cool, but what does 3, 5, 8, 10, 12 or 15 bar EMA tell me on a 30 min chart?
They equate to a 1 1/2 Hour, 2 1/2 Hour, 4 Hour, 5 Hour 6 Hour & 7 1/2 Hour EMA's

So I changed it to 4, 8, 12, 16 & 24 Hours.
The second set I treated with a similar progression.
Then I added 6 more sets based in the same format.

It looked pretty good but I realized I prefer Variable MA's to any of the others.


So... I changed it again.This time I went with a Variable MA & hung on a 4 bar EMA with an 8 bar ADX Period as the BASE MA. Then I took a 2, 4, 6, 8... up to 100 period EMA of that Original Var MA.
WHY?
No matter what timeframe you hang it on [ above 10 min & below daily] , it will {I believe} be comparing relevent periods in time.

I've identified what I think are 3 important MA's by making them thicker than the rest.
This is what you get.

The Indicator.

The link is to the discussion of this Trading System.

http://www.forexfactory.com/forexforum/showpost.php?p=67116&postcount=3

Indicator Image.

Vegas 1 Hour Tunnel Indicator

Hi,

This little indicator just lets you look at an MA as it would appear on a Higher Timeframe Chart.

The example below shows a 14 SMA as it would appear on a 4 Hour Chart even though you are actually looking at a 30 Minute Chart.

The resulting MA is very close but may not be exact as the Average of 112 Closes on a 30 Minute Chart may not be exactly the same as the Average of 14 Closes on a 4 Hour Chart.

The Indicator.

Hi Folks I've posted this before but can't "Move" that post to here so I will repost it here & delete the other if requested.

In one of his Documents, Vegas mentioned...
1) Currency Pairs have their "Normal Daily Range from High to Low."
2) After the initial Pit squable about which direction today is going to take,
you should be able to hitch a ride for the remainder {this indicator will allow you to go for any percetage} of that range.

It should only be applied to Timeframes Lower than Daily to visualize that concept.

The first thing it does is look back through the bars on your chart and calculate the Highest DAILY Pip Range[HDR] on that chart.
Then it does the same for the Lowest DAILY Pip Range [LDR]on that chart.
It then calculates the Median of those two values[MDR]. {Note, This is not an MA}
That puts a value on the Daily Median Pip Range. [the pip difference we can Reasonably Expect Between TODAYS Day High & Day Low.}

Then it says, OK Yesterday is done. Tell me how High it will have to go from today's low to meet the Median Daily Pip Range.
But I' also want to know how Low it will have to go from today's High to meet the Median Daily Pip Range.
{those are the fine dotted red lines}

Now, I say, I'm pretty smart [read Vegas after all] , If, the price moves MY INPUT PIPS ABOVE the Open {the upper heavy dk grey line}, I figure it has a chance of continuing and running to the Dayly Pip Range High{the fine Blue Dotted Line} so Get me in Long.

On the other hand,
If, the price moves MY INPUT PIPS BELOW the Open {the lower heavy dk grey line}, I figure it has a chance of continuing and running to the Dayly Pip Range Low {the fine Red Dotted Line} so Get me in Short.

It then says, Guess what, the low just got lower so, If your Daily Pip Range is accurate, This is Now the highest it will get from that new low hence the fine lines {Potential Hi&Lo Tgts} move to reflect the MDR distance between Lowest Low & Highest High.

I know that sounds too tough to try to assimilate but if you have a look at it on a chart, I think you will see that it is a very simplistic and yet has potential.

The Image.

The Indicator.
*Please Note*
After Import,
it will be Named "__Daily Open Range" in your Custom Indicator list.

Hi Folks,

In an effort to reduce the amount of time it takes to code a Trading System in VT Trader, this template was designed to reduce not only repetative code entry but also the knowledge required of VT Trader language and functions etc.

Basically all you have to do is define your indicator with your Long Entry/Exit criteria and your Short Entry/Exit criteria

If you are just starting out on your coding education I would suggest that after you dnld this template, clone a work copy and save the original unaltered.

Kudos to Claude, Chris & the gang.

Here's the squeeze indicator.