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  • Hello, and welcome to the Indicator Warehouse.

  • In today's video, I'm going to be going over and discussing

  • the new Omni-Timer, which is this a little guy right here.

  • Now the Omni-Timer can be used a couple of different ways.

  • Right now, I've currently got the Omni-Timer set up with our

  • Mean Renko Bars.

  • Now let's go ahead and let's take a look and see how we

  • need to set that up.

  • For any non-time based bar, it needs to be set to relative to

  • average time setting right here.

  • Now it will also do count up and count down-- we'll get to

  • that later-- with different types of bars.

  • But for this case, we need to have relative to average time

  • for any non-time based bars such as Renkos or range bars.

  • Now right now, I've got my time look back set to 10 bars,

  • which is what this little speedometer is actually based

  • on right here.

  • I've got mine set to a period of 10 so it's going to look

  • back 10 bars and it's going to calculate all the average

  • times, and then once we've reached the zero mark, then

  • that means that it's taking longer than maybe we want it

  • to be taking, or the market has maybe slowed down.

  • I actually worked with the programmer on this tool for

  • one specific reason.

  • And I'm at the firm belief that the longer I stay in a

  • trade, the more apt it is to fall over on me or to reach

  • back up and bite me in a case of, say, a short trade.

  • So looking at this right here, we can see that the market's

  • moving pretty fast.

  • This current bar--

  • and it's a Mean Renko Bar--

  • is 22 seconds old, and it's just going to count up.

  • This will tell me exactly how old each bar is.

  • Now if I run into a six range bar in this case, which is

  • what I'm using here with the Hawk Micro-Scalper, if I run

  • into a six or a ten minute bar, well then maybe it's too

  • slow for me to be scalping and I need to

  • just sit on my hands.

  • But the cool thing about this tool is rather than having a

  • timer somewhere located down here and then maybe prices

  • trading up here, I've actually got my time set right here and

  • my gauge is actually telling me how fast

  • the market is moving.

  • So let's go ahead and let's take a look at some

  • other bars as well.

  • Let's go ahead and let's compare the Omni-Timer with

  • the bar timer that comes with a standard

  • Ninja Trader platform.

  • Now you see that the times are the same, and there's nothing

  • wrong with a Ninja Trader bar timer, however, we're trying

  • to look up here and we want to see when this

  • bar is going to close.

  • So our eyes are going back and forth, back and

  • forth, back and forth.

  • Why do that when all you've got to do is just slide the

  • Omni-Timer up and there everything is right there on

  • the hard right edge right where it needs to be.

  • Let's keep an eye on this and you'll see our gauge as we get

  • closer and closer to this bar closing, the gauge is going to

  • start getting green.

  • Kind of a cool little feature there of the Omni-Timer.

  • And again, it keeps it right up here in this area where we

  • need to see it.

  • We're not looking back and forth, back and forth like we

  • like we typically would just using the standard bar timer

  • offered by Ninja Trader.

  • Again, nothing wrong with this bar timer.

  • It works the same.

  • It's just in a different location.

  • Let's go ahead and let's take a look at some

  • range bars as well.

  • Now we're looking at range bars and, of course, there

  • really is no timer for range bars.

  • So let's go ahead and let's remove that.

  • And we can see here that each bar is actually happening

  • pretty quickly here.

  • So right now this current bar that we're on

  • is 13 seconds old.

  • And again, we've got Omni-Timer which we can float

  • wherever we want on this chart.

  • And we can get it as close to where we want it to be.

  • I mean, if we want it to be over here in this area, maybe

  • up here, wherever you want to do it.

  • This thing floats anywhere and it doesn't interfere with your

  • charts or your indicators.

  • This current range bars is 37 seconds, 38, 39.

  • Oh, we just started a new one.

  • All right.

  • So now you see how and that it does work with range bars.

  • Once again, maybe we're looking to take a sure here,

  • trying to see how long each bar is taking.

  • We can move our timer down here right in this area where

  • it's nice and easy for us to see how old each bar is.

  • Now we're going to go ahead we're going to take a look at

  • a tick chart.

  • Now with the tick chart, we can do a couple of different

  • things with the Omni-Timer.

  • We can either time how long it takes to make each bar, or we

  • can actually do a countdown, ticks remaining.

  • Also, we're seeing a count down right here.

  • This is 150 tick chart.

  • We can also count up.

  • So right now we've got 67, there's 68 ticks.

  • 73.

  • And again, that convenience of having everything right here

  • where you need it.

  • So remember, not only will it count up the ticks, it'll also

  • count the ticks down.

  • Why'd you want to do this, I don't know,

  • but to each his own.

  • If you wanted to do relative to average time, it'll tell

  • you how old each bar is.

  • One thing that I failed to point out on the time-based

  • bars is that you can count up and count down as well.

  • And again, I'm going to use Ninja Trader's time remaining

  • bar timer indicator as a point of reference to show you.

  • Right now, we're currently counting down.

  • We see that we're matching up nicely.

  • Again, there's nothing wrong with these indicators.

  • This is merely for convenience.

  • It saves you, what I like to call, eye time, that time it

  • takes to look from up here where your bars are down to

  • the bottom of the chart.

  • Now the other thing is, rather than counting down like we see

  • right here, we can also, if we like, we can count up.

  • So you'll see that we're counting up, whereas were

  • counting down down here.

  • Really the choice is yours.

  • The same place where you decide to put your Omni-Timer.

  • All right.

  • Well I hope that you have found this video to be helpful

  • and informative.

  • If you have any questions whatsoever, please contact me

  • at ray@RealityFuturesTrading.com,

  • or any one of the team members at Indicator Warehouse.

  • Thanks and have yourself a good day.

Hello, and welcome to the Indicator Warehouse.

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A2 初級 美國腔

全能條形定時器|NinjaTrader (Omni Bar Timer | NinjaTrader)

  • 44 3
    Rick Chung 發佈於 2021 年 01 月 14 日
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