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For the complete documentation index, see llms.txt. This page is also available as Markdown.

Golden Ropes

The Gold Standard Of Identifying Trends Fast

The Golden Ropes consists of the 50 and 200 EMAs (exponential moving averages). This classic combination is typically used for quickly identifying trends. When the EMAs diverge, it often signals the start of a new uptrend or downtrend.

An example of the Golden Ropes on a bare range bar chart to more easily identify trend or consolidation in price action.

To identify long-term trends, use the Golden Ropes on larger charts like Tide and Wave. This is a key step in the Order of Operations process.

This image shows the Rivers of Life indicator in isolation on a bare range bar chart highlighting a zone around each of the Golden Ropes (not pictured). The Rivers Of Life indicator is intended to be used with the Golden Ropes.
Here's an example of the Golden Ropes and Rivers Of Life on a range chart to visualize trends and consolidation areas.

Golden Ropes Settings

The Golden Ropes offers a variety of customizable settings, allowing you to adjust them according to your preferences. Default AlgoBox™ settings are shown.

1. Calculations

Allows you to control how frequently the Golden Ropes indicator recalculates. The Calculation sets the frequency of these calculation cycles. Customization allows for greater control over data update rates.

Calc Override: Default setting is unchecked. Check this setting to customize and utilize Calc Interval.

Calc Interval: Set your custom desired calculation interval. The smaller the number, the more frequently the indicator will recalculate, which increases processing load on your system's CPU. The default setting of 1000 is in milliseconds, which is equal to 1 second. If you wanted the Golden Ropes to calculate every half second (twice as fast as default 1000ms), then you would enter 500 in this field.

2. Data Series

Displays the current chart instrument, contract date and configurations applied.

Input Series: This setting determines which chart the indicator is displayed on, linking the indicator to the selected chart data.

3. Setup

Allows you to add a label on the chart, set the maximum bars to look back, and configure calculations based On Price Change, On Bar Close, or On Each Tick.

On Price Change: Updates the indicator only when there is a change in the instrument's price.

On Bar Close: Updates whenever a new bar closes, recalculating based on the finalized bar data to reflect the latest market conditions and changes in trends. Be mindful of whether you are using AlgoBars or range bars. This is the default setting for this indicator.

On Each Tick: Updates with every price change or tick in the market, providing real-time adjustments and reflecting the most current data. This is the most CPU intensive setting.

4. Visuals

Allows you to customize button colors, adjust the button placement, and modify the font type and size to suit your preferences. The Visual Settings shown are default settings which usually do not need to be changed unless specified in release notes or instructional video, live stream or on Discord etc. Auto scale is recommended to be unchecked.

Auto Scale: Automatically adjusts the indicator’s scale to fit within the chart’s price axis, ensuring it’s properly visible without manual adjustments.

Displacement: Shifts the indicator's plot forward or backward on the time axis. This setting is useful for aligning the indicator with price bars or other chart elements, especially in cases where you want to visualize future or past data relative to the current price.

Display in Data Box: Determines whether the values are shown in the Data Box, which is an on-screen display that provides detailed information about the current values when you hover over or click on the chart.

Panel: Specifies which panel or sub-panel the indicator is displayed in on the chart. Indicators can be placed in separate panels above or below the main price chart, allowing for organized and uncluttered visualization of multiple indicators.

Price Markers: Controls the display of markers or symbols on the price axis associated with the indicator's values. This setting helps highlight specific price levels or events directly on the price chart for better visibility and analysis.

Scale Justification: Determines where the indicator is positioned on the price scale, such as to the right or left side of the chart.

Visible: Toggles the overall visibility of the indicator, allowing you to hide or show it on the chart as needed.

All settings displayed in the settings image are the current default configurations provided by NinjaTrader and/or the AlgoBox™ Pro software, and may change at any time in future software updates without notice.

Rivers Of Life Settings

Below is an overview of the Rivers Of Life Settings available in the indicator menu.

The Rivers Of Life offers a variety of customizable settings, allowing you to adjust them according to your preferences. Default AlgoBox™ settings are shown.

1. Calculations

Calculations allow you to control how frequently the Rivers Of Life indicator recalculates. Customization allows for greater control over data update rates.

Calc Override: Default setting is unchecked. Check this setting to customize and utilize Calc Interval.

Calc Interval: Set your custom desired calculation interval. The smaller the number, the more frequently the indicator will recalculate, which increases processing load on your system's CPU. The default setting of 1000 is in milliseconds, which is equal to 1 second. If you wanted the Rivers Of Life to calculate every half second (twice as fast as default 1000ms), then you would enter 500 in this field.

2. Data Series

Displays the current chart instrument, contract date and configurations applied.

Input Series: This setting determines which chart the indicator is displayed on, linking the indicator to the selected chart data.

3. Setup

Allows you to add a label on the chart, set the maximum bars to look back, and configure calculations based On Price Change, On Bar Close, or On Each Tick.

On Price Change: Updates the indicator only when there is a change in the instrument's price.

On Bar Close: Updates whenever a new bar closes, recalculating based on the finalized bar data to reflect the latest market conditions and changes in trends. Be mindful of whether you are using AlgoBars or range bars. This is the default setting for this indicator.

On Each Tick: Updates with every price change or tick in the market, providing real-time adjustments and reflecting the most current data. This is the most CPU intensive setting.

4. Visuals

Allows you to customize button colors, adjust the button placement, and modify the font type and size to suit your preferences. The Visual Settings shown are default settings which usually do not need to be changed unless specified in release notes or instructional video, live stream or on Discord etc. Auto scale is recommended to be unchecked.

Auto Scale: Automatically adjusts the indicator’s scale to fit within the chart’s price axis, ensuring it’s properly visible without manual adjustments.

Displacement: Shifts the indicator's plot forward or backward on the time axis. This setting is useful for aligning the indicator with price bars or other chart elements, especially in cases where you want to visualize future or past data relative to the current price.

Display in Data Box: Determines whether the values are shown in the Data Box, which is an on-screen display that provides detailed information about the current values when you hover over or click on the chart.

Panel: Specifies which panel or sub-panel the indicator is displayed in on the chart. Indicators can be placed in separate panels above or below the main price chart, allowing for organized and uncluttered visualization of multiple indicators.

Price Markers: Controls the display of markers or symbols on the price axis associated with the indicator's values. This setting helps highlight specific price levels or events directly on the price chart for better visibility and analysis.

Scale Justification: Determines where the indicator is positioned on the price scale, such as to the right or left side of the chart.

Visible: Toggles the overall visibility of the indicator, allowing you to hide or show it on the chart as needed.

All settings displayed in the settings image are the current default configurations provided by NinjaTrader and/or the AlgoBox™ Pro software, and may change at any time in future software updates without notice.

Examples: Golden Ropes & FOMC

Coined by Vinny E. Mini, the Golden Ropes are an "Area of Safety" - Price often "hugs" the inside or around the Golden Ropes prior to the FOMC meetings, which tends to trap both buyers and sellers.

Here's an example of how price tends to hug the Golden Ropes before the FOMC news release.

The FOMC holds 8 major regularly scheduled meetings during the year, usually on Wednesdays at 2:00pm EST (14:00 EST). At this time, US futures markets normally exhibit extreme levels of volatility.

Here's an example of the post-FOMC news impact on the market, which can result in a breakout in either direction.

Video Tutorials: Golden Ropes & Rivers of Life

WATCH: This short video explains the Golden Ropes & The Rivers of Life indicators and how to use them.

Video Tutorial: FOMC Rules

WATCH: Vinny E. MIni briefly discusses the FOMC rules and its relationship to the Golden Ropes in this short clip.

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