MT Framework indicator explanations
Originally from ticket #3428.
I have downloaded the free MT indicator suite for Ninjatrader 7 including MY Signals Volume Delta Analysis, Volume PCI, volume power, Volume Price Bias, Volume Price Bias Power, Volume Profile Bias, Volume Profile Bias Power. Do you have any documents explaining how to use these indicators?
Also I see you have another volume indicator: "Volume Price Confirmation NinjaTrader Indicator". I do not have this indicator in my downloads. Where can I download it?
Thanks
W...
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All help is via Help Desk, prior answered questions and articles in the Help Desk forums. Priority and in depth support is provided to license holders and subscribers due to the large number of free users -around 1000 daily users. For subscribers settings support and video help is provided - where a gap in the free help desk exists we try to add this depending on the work load of development etc
Signals Indicators
For all MT signals indicators please follow this guidance and watch the videos so you can understand the foundation/concept on which all signals indicators operate - this potentially will save you many weeks of learning. After you have watched this and experimented please ask for settings assistance if need be:
https://microtrends.zendesk.com/entries/59737249-Getting-Started-with-MicroTrends-NinjaTrader-Framework-Signals-Indicators
Other Indicators
Normally all indicators show green for a long signal or long bias, some have a degree of strenght/power shown as a color gradient -such as Vol Profile Bias Power.
So It is not neccessary to understand any in depth formula or algo contained within. Due to the free trial and free for NT demo model you are able to experiment and see which indicators appeal to your trading - and to use them as you see fit - adjusting and experimenting with the parameters/you can also read descriptions etc.
Note: Usually volume based indicators work best for Futures/ not Forex...
All indicators you mention are contained in the MT Framework:
MT Volume PCI
MT Signals Volume Price confirmation
Some Related Links:
https://microtrends.zendesk.com/forums/227807-NinjaTrader-Indicators
Please let us know if you require further assistance or have specific questions on features etc
many thanks
Tom
MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/
Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums
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