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    DA
    day trading
    Rep: 39,586
    Posts: 6,369
    3
    (Edited )
    There are many requests on the forum (usually directed at KoolBlue) for the PRC Channel indicator. If you are a Ninja Trader user then you can download this indicator from our Dictionary Definition here: PRC Bands

    or directly from this link here:
    Click link to access uploaded file:
    PRC2.zip

    If you have any questions about this indicator then please post them as a reply to this topic.

    Example chart:
    Click image for original size
    CH
    CharterJoe
    Rep: 4,475
    Posts: 2,352
    2
    (Edited )
    Are they the same as Cog bands??? Looks similar. Here's a 1min last 144 bars from friday


    Click image for original size
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    2
    (Edited )
    Joe, they certainly appear similar to center of gravity bands (not to be confused with Ehlers oscillator) but not exact. Perhaps that's because of the settings? I have look-back at 144 and bands at 2.00 and 2.62.

    Click image for original size
    WE
    WEGainey
    Rep: 10
    Posts: 3
    0
    Could you post the code for the Polynomial Regression Channel Bands. I would like to make this study for ThinkorSwim. Thanks for all you do.
    PT
    pt_emini
    Rep: 5,707
    Posts: 1,940
    1
    Originally posted by WEGainey

    Could you post the code for the Polynomial Regression Channel Bands. I would like to make this study for ThinkorSwim. Thanks for all you do.


    The code is inside the zip file DayTrading posted at the top of this thread. Download the zip file, then extract the PRC2.cs file in the indicators folder. You can then open the PRC2.cs file using any text editor to see the indicator code.
    LO
    Lorn
    Rep: 16,037
    Posts: 1,406
    1
    Just thought I'd upload this file. Its slightly different from the PRC2 version. I've experimented with both and prefer this one. Experiment for yourself.

    Click link to access uploaded file:
    PRC.zip
    KO
    koolblue
    Rep: 48,651
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    Yes the one above, shown by Lorn is the one i actually use... although both seem to work on ninjatrader 7, the one above was actually developed for ninjatrader 6.5 , and the prc2 was developed for ninjatrader7. I saw no need to update to prc2 since the old one (prc) seems to work just fine with ninjatrader7. Hope that helps dispel any confusion.
    DA
    day trading
    Rep: 39,586
    Posts: 6,369
    0
    (Edited )
    Originally posted by WEGainey

    Could you post the code for the Polynomial Regression Channel Bands. I would like to make this study for ThinkorSwim. Thanks for all you do.

    Elliott: I posted a question for you here:
    http://www.mypivots.com/board/topic/6456/1/thinkorswim-chart-scripting-language
    BE
    Berti
    Rep: 10
    Posts: 2
    1
    Does anyone have an Easy Language version of this indicator?
    I already searched in google, but no good results.
    Thank you.
    LO
    Lorn
    Rep: 16,037
    Posts: 1,406
    1
    (Edited )
    Have never come across one. Sorry.

    However, you can use the free Ninjatrader with Tradestation data feed to run the PRC Bands within Ninjatrader.

    Go here to learn how to setup Tradestation to feed data into Ninja.

    http://www.ninjatrader.com/ConnectionGuides/TradeStation-Connection-Guide.php


    Originally posted by Berti

    Does anyone have an Easy Language version of this indicator?
    I already searched in google, but no good results.
    Thank you.
    KO
    koolblue
    Rep: 48,651
    Posts: 16,032
    1
    (Edited )
    Originally posted by Berti

    Does anyone have an Easy Language version of this indicator?
    I already searched in google, but no good results.
    Thank you.
    no. but
    here is an easy language code for Ehlers CENTER OF GRAVITY OCCILATOR which is pretty good too... 
    

    Click link to access uploaded file:
    
The CG Oscillator.pdf
    GU
    Guywiththerye
    Rep: 0
    Posts: 6
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    (Edited )
    Always use stops and consistent risk, trading shouldn't be entertaining, if you're doing it right, it's BORING.