NeoTraders NB Indicator Lab

[NeoTrader]

hi andrewczeiz,

neo awesome material here !!!!
i was wondering what your opinion is on vsa..
The volume of ticks per unit time.
maybe consolidating the both could make it even more awesome!!

I heard about VSA...but had not the time to really dive into it.
So I can not give you any opinion on it or if it would be a good addition to this indicator(s).

And since I am developing here indicators that support NB's Trading Framework/Strategy I think it is not the right place to discuss this topic here any further...as VSA is not part of NB's strategy.

But you're free to open another Thread maybe in the Indicators Section

happy trading,

NeoTrader

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[idempotent]

NT, you've done a gorgeous job. The indi is a pleasure to work with. I now have no excuses (well, less excuses)

[NeoTrader]

Hi idempotent,

NT, you've done a gorgeous job. The indi is a pleasure to work with. I now have no excuses (well, less excuses)

Thanks for you appreciation...hope you use it wisely..

happy trading,

NeoTrader

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[harry45]

Hi NEO,
Your indis help me a lot.Can not decide if I may use on H4 TF indi with settings H1(as Jem doing).It shows slope only current bar?
If so what slope it shows-slope of every bar from 4 in an hour?While forming H4 candle I will have 4 values of H1 indi?
Opposite situation is well known(on H1 TF indi with H4 settings).
Great work,Regards

[NeoTrader]

hi harry

Your indis help me a lot.Can not decide if I may use on H4 TF indi with settings H1(as Jem doing).

It depends on what the market says and on what TF you pull the trigger...If the market is trending I usually trade from H1 since you can see the signals sooner (see example below).
If the Market is ranging I also go down to M30 and sometimes to M15 to catch some small fish.

Example:

eurusd h1 analysis wit tmatrue mtf and tmacss.gif

I will show you a simple analysis on the H1 chart. Follow the vertical lines from left to right.
1 - You can see how the H1 cross the Daily TMA. H4 TMA is already going down and almost crossed the daily. At the same time the TMA/Diff are crossing the 0 level and USD Slope. USD is gaining strength...I would maybe wait one bar but this shows already a strong sell signal.
2 - H1 TMA is crossing H4..and CSS is converging this could be a possible exit point. But I stayed
in the Trade since D1 and H4 TMA are still going down and H4 is below -0.4 and CSS slopes did not cross each other or the 0-Level.
3 - This could be a good point for a reentry
4 - another possible exit point that I also let pass since H4 TMA was still strong.

eurusd h4 analysis wit tmatrue mtf and tmacss.gif

This is the same chart as above...with the same vertical lines and markers in place...as you can see in H4 you wouldn't have seen the signals that early.

But I trade manual and not with EAs so I don't know if this also applies to you...

It shows slope only current bar? If so what slope it shows-slope of every bar from 4 in an hour?While forming H4 candle I will have 4 values of H1 indi?

Since it is correlated with the current TF/Bar/Time it shows only the value of the same bar in the same time only from another TF.

Great work,Regards

Thanks for your appreciation


happy weekend,

NeoTrader

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[harry45]

[quote="NeoTrader"]hi harry

Thank You very much NEO,it is clear now.
Best wishes.
Harry

[kelisa]

NT - Great indi of the True SlopeHisto. Marvelous I suggest whoever testing this indi also post up their trade charts here so we can further understand this indi's strength.

[cumquat]

hi harry

I will show you a simple analysis on the H1 chart. Follow the vertical lines from left to right.
1 - You can see how the H1 cross the Daily TMA. H4 TMA is already going down and almost crossed the daily. At the same time the TMA/Diff are crossing the 0 level and USD Slope. USD is gaining strength...I would maybe wait one bar but this shows already a strong sell signal.
2 - H1 TMA is crossing H4..and CSS is converging this could be a possible exit point. But I stayed
in the Trade since D1 and H4 TMA are still going down and H4 is below -0.4 and CSS slopes did not cross each other or the 0-Level.
3 - This could be a good point for a reentry
4 - another possible exit point that I also let pass since H4 TMA was still strong.

Nice explanation very helpful.

Thanks

Mick

[NeoTrader]

hi mick,

Nice explanation very helpful.

I just want to point out that this is/are not NB's Rules how he trades it's 10.2 Strategy.
It is based on his Rules but I adopted it to the new indicators we have now.

I also use his 10.2 adaption with the Pivots in Place. And also try to use the TMA MTF a little like the Pivots D1>H4>H1 Sell signal and vice versa...but this is also still in test.

If I remember Bob is on vacation now and we will not know how he thinks about this all till he is back.

just so you know,


happy weekend,

NeoTrader

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[harry45]

hi mick,

Nice explanation very helpful.

I just want to point out that this is/are not NB's Rules how he trades it's 10.2 Strategy.
It is based on his Rules but I adopted it to the new indicators we have now.

I also use his 10.2 adaption with the Pivots in Place. And also try to use the TMA MTF a little like the Pivots D1>H4>H1 Sell signal and vice versa...but this is also still in test.

If I remember Bob is on vacation now and we will not know how he thinks about this all till he is back.

just so you know,


happy weekend,

NeoTrader

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I use Tma Tf 60.240,1440,10080.With Your indicators it will be miracle.
Have a look at this indi from FF,Alorente thr.
Regards