'* Original DonLSep Indicator - '* Script written to Don Ladyn specifications by Jeremy Williams of Nirvana Systems 6/1/2009 '* '* DonLSep2 Indicator - '* Script written to Don Ladyn specifications by _____________ of Nirvana Systems 04/__/2020 '* '* Requiring the GMMA plug-in and OmniLanguage functionality, for use with OT PRO and VT 5.0 (or higher): '* copy and paste the DonLSep.txt file to Program files\Nirvana\OT2009 (or VisualTrader 5.0)\VBA\Indicators '* (may have to create the Indicators folder in VT 5.0). Then open OT and/or VT and click '* the EDIT button; Select OmniLanguge from the menu; Click the "compile" button on the bottom '* right of the dialog box; When compilation completes, close the dialog box. The DonLSep '* indicator can now be added and edited as normal from the Chart Options button Indicators tab. '* '* To correspond to the GMMA plug-in, edit line colors as follows: '* Fast (traders) Light Blue '* Slow (traders) Blue '* Investors Red '* Institutions Dark Red '* '* The DonLSep2 Indicator adds to and enhances the GASep indicator that is standard with the '* Nirvana GMMA plug-in. Analysis and understanding of the GMMA, per Daryl Guppy (His book Trend '* Trading is highly recommended) is to understand the relationships between the investor '* and trader groups (respectively, the long EMA Groups and the short EMA groups) as measured by '* separation between the two groups and then the separation between the EMAs comprising/within each group. '* '* The DonLSep2 separates the the Trader group into fast (3,5,8 EMAs) and slow (10,12,15 EMAs) traders and '* the Investor group into Investors (3,5,8 EMAs) and Institutions (40,50,60 EMAs). Concept: When Fast Trader '* turns there is a "heads Up"; When Fast & Slow Traders turn in same direction an imminent short term '* opportunity is present; and, when the Traders and the Investors, able to move assets easiear than '* instituttions, are heading the same way a trend change is probably underway. '* '****************************************************************************************** #Indicator DIM Institutions As Single Dim Investors As Single Dim FastTraders As Single Dim SlowTraders As Single Institutions = GASep (45,50,60) Investors = GASep(30,35,40) FastTraders = GASep(3,5,8) SlowTraders = GASep(10,12,15) 'SetScales(-10,10) Plot("Fast",FastTraders) Plot("Slow",SlowTraders) Plot("Investors",Investors) Plot("Institutions",Institutions) Return 0 ' Return the value calculated by the indicator