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ChannelMA2

Added at the request of BMT member....(ver NT 7.0.1000)

This indicator creates a moving average "channel" between two moving averages, one calculated from the the High, and one caclulated from the Low.
NOTE: Many moving average Channel calculate from the Close/Median.
- The channel colors are configurable, as is the 'opacity' of the channel, and the number of bars included in the MA calculation.
- The channel paints behind the bars, leaving them visible.
- The 'high/low' lines can be colored individually or left transparent with just the channel painting.
- Allows selection of various Moving Averages...(SMA, EMA, WMA, HMA, VMA, TEMA, ZLEMA, SMMA).

NOTE: This indicator differs from a StdDev "envelope" where the channel is calculated on a standard deviation from the center line. These channels contract and expand proportionately with price.

Category NinjaTrader 7 Indicators

Details: ChannelMA2
Category: NinjaTrader 7 Indicators

September 3rd, 2011
Size: 22.04 KB
Downloaded: 995 times

Comments/ratings

marker September 3rd, 2011 05:22 PM

Nice Work!

jrs659 September 4th, 2011 10:42 AM

nice,thanks for your work

bobc635 September 1st, 2013 12:33 PM

Thanks! Nice job!!!

Bobi April 7th, 2014 11:35 AM

Thank you.

SDR2014BMT March 16th, 2015 02:06 PM

Thanks!

racecarjw October 13th, 2015 05:31 PM

Thank great job, it shows an interesting perspective