Jigsaw Trading Blog

Swing Charts With Cumulative Delta for NinjaTrader

Written by Peter Davies | Dec 11, 2014 9:48:54 AM

There have been many requests from people asking how I set up my charts.

They look like this:


In the upper area there are lines for open, Globex high/low and yesterday's high/low. There is also the green & red 'swing' indicator.

  • Green - Up swings where the volume in the swing up is higher than the volume in the last swing down.
  • Green - Down swings where the volume in the down swing is LESS than the volume in the last swing up.
  • Red - Down swings where the volume in the swing down is higher than the volume in the last swing up.
  • Red- Up swings where the volume in the swing up is LESS than the volume in the last swing down.

The swing indicator is on the Futures.io forum. You do need to pay to join that. I took an indicator from the forum and modified it to produce the one above. It's not my product, rather someone else's code that I adjusted.

You can get it here: Price Action Swing Indicator

For the bottom pane of the above chart, it is the Gomi CD (Cumulative Delta) indicator, also available on the Futures.io forum. You can get it here: Gomi Recorder & Indicators

To get the Levels to display correctly, you first need to set up a Custom Session Template in NinjaTrader as follows:

 

Then you download the following ".cs" files to your My Documents\NinjaTrader 7\bin\Custom\Indicator folder in windows and restart NinjaTrader (right click the links and "save as")

  • JTLevels.cs (shows the levels from the prior day)
  • PriceLineWH.cs (draws a horizontal line on the chart at current price making it easy to see what level you are at compared to prior swings)

Finally the Chart Template. This one should go into My Documents\NinjaTrader 7\templates\Chart folder. (right click the links and "save as")

Then you open up a chart in Ninja and select ES900Jigsaw as your temlplate and you'll have the charts.