Joseph Trend Index
And according to this post NinjaTrader Support Forum - View Single Post - Indicators comparable to AGET eXpert Trend Locator (XTL)? , XTL is the same as metatrader 4 TTM indicator. They used the attached TTM version for comparison
Hi everyone.
There is a indicator on Advanced Get Software called "Joseph Trend Index" or JTI.
Someone use it for identifying the smart money in the market specially in the stock markets.
I did search the forum and didnt find it.
Does anyone have it for meta trader?
If so; please upload it on the forum.
thanx alot.
Forum admin ; please move this topic if it is in the wrong place. thanksAs far as I know it does not exist
Been looking for formula but that search did not give any results either. But also found one post that is interesting (it was originally posted here : Joseph Trend Index (JTI) ) :
I developed both the JTI and the XTL.
In my trading experience, the XTL is much easier to use and more accurate than the JTI.
After using the JTI for several years, I saw the need to improve the trend detection capability and the result of that was the XTL.
I still use the JTI once in a while, but I have become to rely on the XTL more and more.
Under Trading Strategies, I have started a thread "Using XTL for emini Trading". Please check it out for more examples. I have also included stocks in this discussion as well.
Thanks
Tom Joseph
eSignal - Advanced GETDescription of XTL is in the attached document (as far as I see it is an Eliot wave based indicator where a trader should trade wave 4 or 5). Short description of it provided in the document is the following :
This is the conclusion of searches on the net :
It seems that the exact formula is not known and that TTM is an approximation of that indicator. That much I could find
One more book with descriptions of JTI and XTL but no formulas. Anyway, it seems like a good reading since they discuss much more than just those two indicators in the book (including how to trade in certain market conditions)
thanx Mladen for your replies. those are useful. is that possible to guess the "indicator type" from its appearance? for example the indicator may be something like inverse fisher transform of rsi. because of its shape and signals and etc.
any way... thank you very very much
thanx Mladen for your replies. those are useful. is that possible to guess the "indicator type" from its appearance? for example the indicator may be something like inverse fisher transform of rsi. because of its shape and signals and etc. any way... thank you very very much
123fx
Frankly, there is not enough information that would enable me to tell something more conclusive. It could be inverse fisher transform, or a rsi of a moving average or even Schaff trend cycle
Without detailed description I guess that we can only guess
If only I could help more, but simply there is no info at all about the internals of it. It seems that the aSignal code protection is not what metatrader claims to be a code protection 
Hello
JTI is TTM (same).
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The TTM (Trade The Markets)
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By the way, how do you use this indicator? Why do you need it?
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Hi everyone.
There is a indicator on Advanced Get Software called "Joseph Trend Index" or JTI.
Someone use it for identifying the smart money in the market specially in the stock markets.
I did search the forum and didnt find it.
Does anyone have it for meta trader?
If so; please upload it on the forum.
thanx alot.
Forum admin ; please move this topic if it is in the wrong place. thanks