Here is a 'squeeze-like' indicator I converted from some very good code. Trend39 from the TS forums converted the Klinger and Goslin together adding an ATR factor to it.

Here are the links to the originals:

http://www.tradestation.com/Discussi...Topic_ID=26841
http://www.tradestation.com/Discussi...Topic_ID=26605
http://www.tradestation.com/Discussi...Topic_ID=37624

[LegacyColorValue = true]; 

{_KlingerVolume Function}


{KlingerOsc}
value1 = KVO_rd(34, 55);
value2 = Summation(value1, 1);

if 1 <= 1 then begin
	_KlingerVol = value1; end
else _KlingerVol = value2;

{KVO Function}

Inputs: 
   FastX(Numeric), 
   SlowX(Numeric); 
Vars: 
   FXAvg(0), 
   SXAvg(0);

FXAvg = XAverage(VForce_rd, FastX);
SXAvg = XAverage(VForce_rd, SlowX);  {Samll change made to Vforce_rd to make volume smaller)}
KVO_rd = (FXAvg - SXAvg);

{V-Force Function}

Vars: TSum(0), Trend(0), DM(0), CM(0); 
TSum = High + Low + Close; 
DM = High - low;

IF TSum > TSum[1] Then
Trend = 1
Else
Trend = -1;

IF Trend = Trend[1] Then
CM = CM + Range
Else
CM = Range + Range[1];
IF CM <> 0 Then
VForce_rd = Volume * AbsValue(2 * (DM/CM) -1) * Trend * 0.01;   {0.01 works great too; original version had * 100.   
Made smaller to decrease the plotted size of volume}

[LegacyColorValue = true]; 
{Volume Flow Indicator + Klinger Volume Indicator + ATR Summation

Trend39 compiled into one indicator

Simterann22 made changes below:Zeroline turns red when Klinger is below trigger line and green when above trigger line.
Klinger Histogram shows volume increasing or decreasing}

Inputs:
	ATRLength(21),
	Trigger(13),
	SmoothATR(1),
	Smooth(5),
	UpVolColor(green),
	UpVolColor2(darkGreen),
	DnVolColor(red),
	DnVolColor2(darkRed);

value1= summationif(close > open,truerange,ATRlength);
value2=summationif(close < open,truerange,ATRlength);
value3= value1-value2; {Sum}
value4 = average(value3,SmoothATR)*.5;


value5= Average((_KlingerVol+ Value4)*1/2,Smooth);
plot1(0,"Zero line");
plot98(0,"Zero Line BG");//Aesthetic
plot2(value5,"Klinger+ATR");
plot3 (average(value5,Trigger),"Trigger");

//Histogram
	
If Plot2>0 and Plot2>Plot2[1] then
	setplotcolor(2,UpVolColor);
If Plot2<0 and Plot2>Plot2[1] then
	setplotcolor(2,DnVolColor2);
If Plot2<0 and Plot2<PLot2[1] then
	setplotcolor(2,DnVolColor);
If Plot2>0 and Plot2<PLot2[1] then
	setplotcolor(2,UpVolColor2);


//ZeroLine
	
If plot2>plot3 then
	begin
	setplotcolor(1,UpVolColor);
	setplotcolor(98,UpVolColor2);//aesthetic only: must plot thicker and darker color than plot1
	end;
If plot2<plot3 then
	begin
	setplotcolor(1,DnVolColor);
	setplotcolor(98,DnVolColor2);//aesthetic only: must plot thicker and darker color than plot1
	end;

[nilu_2005]

Do you have this code for Esignal or Amibroker?

[Tams]

Originally Posted by nilu_2005 »

Do you have this code for Esignal or Amibroker?

This is a mutual relationship.
You can start by sharing your Amibroker indicators...
and this would encourage others to do the same.
note: when I say "sharing", I don't mean copying indicators from the Amibroker site.

[ajax358]

Great indicator!!....just loaded it & found that a input setting of (8,13, 1, 5) was a little fatser in the turns of 116tk(=1min) charts for daytrading the NQ/ES, in backtesting, fyi, imo. Great look on the ta!!

[simterann22]

Awesome. I'm happy you're testing these guys out and even happier you're sharing your results. I'm still essentially a newbie trader so although I can see the potential in indicators I often do not know how to really tweak them. Thanks

[ajax358]

Originally Posted by simterann22 »

Awesome. I'm happy you're testing these guys out and even happier you're sharing your results. I'm still essentially a newbie trader so although I can see the potential in indicators I often do not know how to really tweak them. Thanks

yes..... is relative easy to test them out. What I do is take the original, like this one, then make a copy chart of my trading chart (116tk), one can use any chart you use as an entry chart of any time or tick frame....then backest it over a day or three, of trading by advancing one bar at a time & see how my trades & entries stack up with the new indicator. If is mirrors or is betta than what I do, I leave it alone. If it lags a bit, the I tweek with the input values & make 2-5 charts of the same chart, with each one a different input setting, then advance thru a time in the day I made trades & see which one see's it faster in the turns!!!!....the slow ones I delete, then keep the fast ones. Then will then make more charts of the fast inputs & make slight variations to them either side of the good input values....the one that is the quickest in the turns is the winner!!

I usually keep all my input values in Fibonacci vlues (3,5,8,13,21,34, 55,etc) & work with these first. Then if it is close to the fastest one, will then go a half a Fib distance between Fib #'s on either side of it to find THE fastest one in the turns....this to keep the Fib Universal ratio in tact.....generally find that either a whole or half Fib number value/combination works the best every time for any indicator!! My whole system is Fib # based & one of the reasons is so effective for me.....all inputs are Fib #'s & all charts are fib #'s too in time/tick frames.

So, try that in backtesting....takes times, like hours of backtesting for just one indicator, but as in all things, nothing good is easy & takes time to get it right. Hope that helps....

ajax

[hunter1]

I could not get this indicator to verify in tradestation or multicharts. I have been unable to figure out what the problem is. Could smeone give me a hand?

thanks

[sevensa]

Originally Posted by hunter1 »

I could not get this indicator to verify in tradestation or multicharts. I have been unable to figure out what the problem is. Could smeone give me a hand?

thanks

This would be difficult for anyone to help you if you don't give a description of what the issue is. At least the error message you get and the steps you have followed would be needed.