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EMASlope
We like our MA's to show us the slope. An astute trader asked if I could color the EMA different colors for different slopes. This indie will paint two colors for positive and two colors for negative depending on slope. The slope triggers are set to 30 and 60 degrees in pic, but are adjustable. label in the right margin indicates the indicator and is colored same as the indicator line.
This indie has a button to enable or disable the indie. I find this handy to have several values of the indie so I can de-clutter my chart, but still look at other values of EMA. In the pic is a 21 and a 55 EMA that can be hidden with the click of the button. You can set the column that the button shows in.
R1 July 22, 2021: A friend was using this indie with an oscillator as the input and when the oscillator max'd out at zero or 100 (no more slope) the color defaulted to the negative slope. I added code to default to the EMAflat slope if the slope goes to zero.
R2 Aug 14,2021: I found an error that colored the lines improperly when the 'Use Angle' was not selected....
Trade Well...
Bob
Category NinjaTrader 8 Indicators and More
2300
bobc635
Comments/ratings
Aregon January 19th, 2021 04:13 PM
Much appreciated - Thank you !!
WoodyFox January 20th, 2021 11:22 PM
Very nice, Thanks for uploading!
peanuts1956 February 9th, 2021 07:13 AM
No Comment
natan1967 February 9th, 2021 08:24 AM
Hi
thx for sharing
Could u advise where can i find the indie button to enable or disable the slope color? seems that by default it shows only one color for down trend and one for uptrend
thx again
JC195461 February 9th, 2021 09:28 AM
Nice work!!
Jeff
Ricky G February 9th, 2021 09:45 AM
No Comment
machinegan February 9th, 2021 10:40 AM
Thanks!
Ganymed February 9th, 2021 11:51 PM
No Comment
bobc635 February 21st, 2021 09:02 PM
Hi Natan, try making the chart full screen. The button on my display is just left of mid screen along the bottom of the panel that you have the indie loaded on. If you continue to have problems, please message me.
Trade Well
Bob
romus March 1st, 2021 07:09 AM
Thanx!