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BMT MAGIC 5 *
Moving Average Group Interactive Convergence (MAGIC)

I wrote this for VIP Members Only.

I noticed several members using multiple moving averages and looking for convergence between them. So, I wrote this indicator to combine up to six moving averages into a single display.

- Six moving averages in one
- Independently select Moving Average length, type, and use of Double*
- Scoring model: If >= 3 of 6 rising = Up, if >= 3 of 6 falling = Down, otherwise Neutral

* Double means extra smoothing by double-averaging the MA

The selectable MA types are: SMA, EMA, HMA, VMA, EhlersFilter, ADXVMA, ZeroLagEMA and JMA.

Attached are a few screen shots (MAGIC is the bottom panel). I was in a bit of a hurry so I didn't make the MA's an enum drop-down but it gets the job done. Also haven't done a lot of testing so let me know if bugs...

Enjoy.

Mike

COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: NOT TESTED [feedback]


Category The Elite Circle 
 
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Details: BMT MAGIC
Category: The Elite Circle 


December 3rd, 2009
Size: 25.02 KB


Keywords: bmt magic ma
Comments/ratings
4 * pats May 16th, 2010 02:36 PM
No Comment
5 * ashomir February 24th, 2011 09:00 AM
Great Job Mike. May I have this MAGIC Indicator for Ninja 6.5 ?
5 * Raj1 August 12th, 2013 05:27 PM
Hi Mike:

Thanks for contributing this indicator to the forum.

Upon loading this indicator in my NT7 , I've compiled and saved the indicator.

However, I could not see the this indicator in the indicator list.

Appreciate your advise.

Regards,

Raj1
5 * JimmyB 2011 April 16th, 2014 10:49 AM
looks good, hope it works on NT7!

 
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