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Date/Time: Mon, 24 Feb 2020 13:44:10 +0000



[User Discussion] - NT Chandelier Stops vs SC Kiwi Trailing Stops Conversion Help

[2017-10-18 19:13:29]
Xfanman1 - Posts: 320 | Ending Date: 2020-01-31 [Expired]
I've attached 2 charts below. The first one is an SC chart using Kiwi Trailing Stops set to similar values (not identical because they are too far off with the same settings) as the Chandelier Stops on the second chart below which is from NinjaTrader. I've used every trend ATR stop study I could find for SC and none behave in a similar manner to the NT version of the Chandelier study. I've looked at the code of both studies and I'm not skilled enough to rewrite the NT Code and convert it to SC's C++ (although I'm pretty good with ToS Thinkscript I'm new to SC) but I'm wondering if anyone else has tackled this or found a study to more closely behave like the NT implementation? I've searched Google and only found a previous reference or two from a few years back to use the Kiwi Stops and/or SuperTrend.

As you can see on the charts below all the ATR stops I've tried paint more of a linear zigzag pattern and the NT dots are more responsive to spikes up and down. In addition, if I set the ATR Multiplier to match on one side of price, the opposing side is always further away and vice versa. This is only critical because the majority of the people I trade with use NT but I've converted many of them to SC recently and having charts that mirror each other as closely as possible is very useful to our trading.

Looking for User Feedback if anyone can point me in the right direction. I realize I could try to find a programmer to recode this but thought I'd try this approach first.

Thanks much...Scott
imageSC Kiwi Trailing Stops.PNG / V - Attached On 2017-10-18 19:12:12 UTC - Size: 60.86 KB - 333 views
imageNT Chandelier Stops.PNG / V - Attached On 2017-10-18 19:12:23 UTC - Size: 109.72 KB - 399 views
[2018-04-25 19:16:12]
User952186 - Posts: 58 | Ending Date: 2018-09-28 [Expired]
I would love to have NT Chandelier Stops indicator in Sierra charts.
[2018-04-25 19:37:29]
Xfanman1 - Posts: 320 | Ending Date: 2020-01-31 [Expired]
I've had these coded by someone for SC. A couple of us paid to have this done, send me a direct message and I'll see what I can do.

--
Scott
[2018-04-27 08:18:02]
User952186 - Posts: 58 | Ending Date: 2018-09-28 [Expired]
Thanks, Scott.
I asked you to give me permission for direct messaging.
[2018-04-27 13:40:20]
Xfanman1 - Posts: 320 | Ending Date: 2020-01-31 [Expired]
I approved DM's from you and sent you a response.

Thanks -- Scott
[2019-07-24 15:39:38]
User92573 - Posts: 121 | Ending Date: 2020-03-12
Hi Scott, can I ask the cost and whether the .cpp is available for the NT Chandelier.
I have two versions of an ATR Stop both presented as a Le Beau Chandelier but the output is very different.
I've posted elsewhere but wonder whether you know the difference between these two versions. I've also tested other ATR VOL Stops including https://www.sierrachart.com/SupportBoard.php?ThreadID=36822 and can't understand why there is such a difference between one Chandelier and another?
Thread 36822 and Kiwi's are completely different based on the same inputs; unless of course JoseyWales submission is intended specifically for Renko which I don't think is the case.
Many thanks
PH
[2020-01-22 00:25:40]
etmross - Posts: 21 | Ending Date: 2020-09-07
I would be interested if anyone has tried to convert the ThinkorSwim ATRTrailingStop indicator to SC? It's one of the basic included indicators with TOS. The code on Thinkscript seems pretty simple yet I know absolutely nothing about coding so take that with a grain of salt. Anyone know of someone who will code an indicator?

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