The Trade Dots extension draws dots at each price within each bar. The dots are sized in proportion to the volume traded at that price within the bar. The dots are drawn in two user-specified colors representing positive or negative delta at that price. Many options exist which control the size, scaling, shape, and coloring of each dot. A single dot mode draws one dot or shape on each bar at the VWAP or VPOC of that bar.
The Clear RTX Extension is an implementation of the Clear Method, a method for determining short term swing direction, described by Ron Black in his 2010 article in Stocks and Commodities Magazine titled Getting Clear With Short-Term Swings. The indicator can be plotted on any timeframe. RTX Clear produces a color coded output line showing the current swing direction and produces a signal on any bar when the direction reverses. During an up swing, if price penetrates (clears) the highest low of the move, the swing remains intact, otherwise a down swing begins.
The Chartmill Value Indicator(CVI) appeared in the January 2013 issue of Technical Analysis of Stocks and Commodities. The article was written by Dirk Vandycke. The CVI represents a standard deviation from a moving average, which can be applied to any price series over any period. The concept is simple. As prices rise, they will eventually rise above a moving average. Eventually, the moving average will begin to rise as well. At this point, prices need to continue to rise to increase the spread between the current price and the underlying moving average.
This video demonstrates the AutoTrend indicator. Continuing the strategy of extending the platform using our RTX development tools, Linn Software is pleased to introduce another new RTX indicator, available to all subscribers and platforms powered by Investor/RT.
The Moving Average Ribbons Indicator allows users to set an initial Moving Average Period (Period Start) along with the desired number of Moving Average Lines (Lines) and the amount that each subsequent Moving Average should be incremented as it is added to the chart (Period Inc.). The general interpretation of this Indicator is that when all the averages are moving in the same direction, the trend is said to be strong. Reversals are confirmed when the averages crossover and head in the opposite direction.
This video explains all the options available in the Preference window of the Trail Of Intentions indicator.
Trail of Intentions (TINT) is an RTX Extension indicator designed to display historical snapshots of the depth of market. TINT provides a wealth of options to visually identify relative size and changes in sizes among prices within same snapshot or from snapshot to snapshot over time. Users may customize the shading of the background of each price to reflect size or change in size of each price. Optional text may be displayed at each price showing size, change in size, size inside, or size outside (sum of size at or outside any given price).
Trail of Intentions (TINT) is an RTX Extension designed to display historical snapshots of the depth of market (order book). The market depth provides numeric insight into the intention of traders to buy and sell at various prices. TINT provides a wealth of options to visually identify relative size and changes in sizes among prices within same snapshot or from snapshot to snapshot over time.
This is the third video in a series of three on the Price Volume Pattern indicator being released in version 12.3. The previous two videos covered an introduction to the indicator along with usage examples (Video 1) and Data Preferences (Video 2). This video will focus on Drawing Preferences.