Here are some Templates for NinjaTrader 8
Obviously you have to have our indicators installed and working.
After clicking any orange buttons below, see the template in your Downloads folder. Double click the zipped file, copy and paste the unzipped template file here:
User > your name > Documents or My Documents > NinjaTrader 8 > templates > Chart
Once placed correctly, you can right click on face of your chart, go to:
Templates > Load > Select Template
Make sure you have 7 days or more of tick data and that you have Infinite bars not 256 selected. Why do we use tick range periodicity? Because we are looking for symmetry. Start with 10 Range and adjust to your style.
Consider stock index futures for two main reasons: flexibility and leverage. We trade the Dow30 (YM), Nasdaq (NQ) the S&P emini (ES) and for something a little different oil (CL). More than enough liquidity and nice leverage. Each penny oil moves is $10. Have a daily goal and STOP! One contract $100. Two contracts $200, etc.
The Donchian Angler template puts our unique Angler on the chart with the famous Donchian Channel’s mean line as the data source. When the Angler is green, consider a long, red a short. The neat thing about The Angler is the neutral color, gray in this instance, indicates sideways junk that you can choose to stay out of. Don’t forget to ‘Recalibrate now’ in section 7 of the Indicators Properties settings, then click OK anytime you make any changes to your chart especially if you change the size of the chart. But, here’s something cool, if you make the chart the full size of your monitor and Recalibrate it at that full size, then reduce the size, the Angler will behave as if the chart is still full size. You could do this with four different charts on the same monitor and all four will behave as if they were full size. Way cool. Try it!
The Gold Brick Hollow Candle template puts our unique Commissioner Indicator, dressed as a Gold Brick on a chart, with the candle sticks hollowed out so you won’t be distracted by them changing colors. The reason is to concentrate on what the Bricks are doing. When they first change color from Gold to Chocolate, or vice versa, a potential Pivot is indicated and you can consider a long if changing from Chocolate to Gold, a short if changing from Gold to Chocolate. Then watch the Bricks closely. We recommend using a tick range periodicity for symmetry AND calculate ON EACH TICK. As long as they stay the same color and remain some distance vertically from each other, you can consider staying in the trade. When they start to get closer to each other, your attention should be on the possibility of a color change and an exit from the trade. Some traders will reverse position with a color change, some will just exit and see if the next Brick remains the same color and then consider the entry. The Commissioner is only looking at the single most important price that occurred during the life of the Candlestick. That single price that garnered the most volume during the life of the bar, sometimes called the Point of Control. Here’s a tip: don’t jump in after a run has started, wait for a color change. Here’s another: want to increase the conservative side of the trade, just increase the size of the bricks found in the Properties of the indicators.
Set THE COMMISSIONER WIDTH to what works for you!
Simplicity on steroids!
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Angler goes Green, Bricks agree
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Bricks touch and turn Chocolate, exit
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Angler goes Green, Bricks agree
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Bricks touch and turn Chocolate, exit
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Angler goes Red
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Bricks disagree, no trade
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Angler goes Green, Bricks agree
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Bricks touch and turn Chocolate, exit
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Angler stayed Green, Bricks separate nicely and agree, consider the long even though it is not at the beginning of The Angler run. The up angle is nice and nice brick separation.
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Bricks touch and turn Chocolate, exit
The Angler Entry – Gold Brick Exit
This template puts our unique Angler Indicator coupled with The Commissioner Indicator on a chart. Here the Commissioner is dressed as a Gold/Chocolate Brick, with the candle sticks hollowed out so you won’t be distracted by them changing colors. The reason is to concentrate on what The Angler and Gold Bricks are doing. The Commissioner is more sensitive than The Angler, so in this iteration, we use the more conservative Angler to signal entries but only if The Commissioner agrees. We then use the more sensitive Commissioner to exit, regardless of what The Angler is currently doing, with some possible exceptions explained below. So, when The Angler changes from neutral Gray to Green or Red, we check with The Commissioner for agreement, for confluence. What is agreement? The Angler turns from Gray to Green, you are then considering a long. You check with The Commissioner. The Bricks need to be Gold, separating and of course climbing. Then watch the Bricks closely. As long as they stay the same color and remain some distance vertically from each other, you can consider staying in the trade. When they start to get closer to each other, your attention should be on the possibility of a color change and an exit from the trade. In this template we are using the Bricks for exit signals as they are much more sensitive to change than The Angler. Learn to read the Bricks. If they are getting closer and closer to each other, an exit may be shortly indicated. Some traders will exit when they are level with each other, more aggressive traders will wait for a change in color, i.e., going from Gold to Chocolate, or from Chocolate to Gold. Just to be clear: Gold is rising, Chocolate is falling.
The Commissioner is only looking at the single most important price that occurred during the life of the Candlestick. That single price that garnered the most volume during the life of the bar, sometimes called the Point of Control. So, consider the long trade as soon as The Angler changes from neutral Gray to Green and The Bricks are Gold and have some separation. Don’t enter a trade after The Angler has been Green or Red for some time. You want to catch THE PIVOT, the move, as quickly as you can. And of course, the Bricks need to agree. Simplicity on steroids!
One more thing… you may not have noticed, but The Angler is constantly updating the value of it’s angle. See the Badge in the upper right corner. That is always showing the current angle…. SO, if the Bricks indicate exiting as described above, but the angle of The Angler is 50 degrees or more, consider staying with the trade. That is a strong angle. Remember: re-calibrate The Angler in section 7 of the Indicators / Properties page. When you double click on The Angler line on the chart, you are there, look at section 7 and check the box ‘Recalibrate now’ and Save. Do this anytime you change the size of the chart or make any modifications to it. We recommend doing this each morning before starting to trade.
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Angler goes neutral, keeps you out of sideways junk.
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Angler turns RED and you have momentum agreement, consider short.
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Angler turns neutral, exit.
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Angler turns RED, you have momentum agreement, consider short.
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So, what triggers the Sniper to fire away? With these settings, seven or more histogram bars in The Cycle Complex of the same color followed by the opposite color. In this example 7 or more black histogram bars followed by a green histogram bar. As long as the green bars keep populating without a black interrupting, the Sniper will keep firing based on how many SNIPER SCOPES you have installed. The opposite works the same way: 7 or more green histogram bars followed by uninterrupted black histogram bars. This template has 15 triggers.
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This is the bullet hole resulting from the discussion in item 5 just read.
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Seven or more black histogram bars followed by 5 green histogram bars, triggering 5 bullet holes.
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Here are the 5 bullet holes.
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This triggers 4 red bullet holes….but what does all this mean?
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Here are the 4 bullet holes.
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You’ve got this figured out, 7 or more green histogram bars followed by 13 red bullet holes.
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Here the 13 start.
What is this measuring and indicating?
Momentum: the strength or force that something has when it is moving. : the strength or force that allows something to continue or to grow stronger or faster as time passes. : without it, or as it decreases, something can grow weaker and slower.
So, what the CYCLE COMPEX indicator (the histogram bars running in the bottom panel) is designed to do is give you an indication of MOMENTUM. What the SNIPER SCOPE is designed to do is give you a heads up when momentum starts to change, growing stronger or weaker, by shooting a bullet through the chart to say: “HEY LOOK AT THIS!” Not necessarily used for entries or exits, but to give you an indication of what momentum is doing, or starting to do.
You can set the pre and post inertia to trigger the SCOPE to be more or less aggressive. Example: how many black histogram bars do you want to occur befor the gun is cocked and the opposite color will then fire the SNIPER SCOPE through the chart. This template is set to 7 pre and 1 post for the first bullet hole. Then we put a second SNIPER SCOPE set to 7 – 2, which obviously means a second bullet will be fired when the second consecutive colored bar occurs. We put a total of 15 SNIPER SCOPE indicators on this template… ENJOY.
Here are some Gun Shot Sounds for NinjaTrader 8
After clicking the orange button below, see the zipped folder in your Downloads folder. Double click the folder, copy and paste the unzipped sound files here:
C: > Program Files (x86) > NinjaTrader 8 > sounds
Then to put the sound in the Sniper Scope look at how the sound file is displayed. Example: PHbulletDOW.wav, oddly enough you don’t copy and paste this file, you just go to the properties of the Sniper and type this file name exactly as you see it in all four places reserved for sounds.
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