I created a universal indicator that will alter the color based on slope change of "ANY" distinct, single-value dataseries in any panel.
To use this, you need to learn how to define the input series for the indicator (all done via the NT8 UI).
You can use “ANY” other available dataseries as input and the color change will be applied. No programing required; upper Bollinger band, lower Keltner band, HMA, TSI, MACD, etc… any indicator you have on your system can be used as the input dataseries for this indicator.
You need to understand how to change input series to use this indicator. This works the same as it did in previous Nijatrader releases.
Read up on this here for NT8
1.) go to control panel
2.) select help guide (F1)
3.) open Operations by selecting arrow head
4.) open Chart by selecting arrow head
5.) select Working with Indicators document
6.) open How to edit an indicator's parameters by selecting arrow head
scroll to bottom of this display to read about changing indicator input series
Note, this feature is recursive meaning you can do this multiple times for example
ColorInputSeriesSlopeChanges(ema(volume)))
You can change the colors used, the defaults are Red (down), Yellow(same or peak), or Green(up).
Yellow can indicate values that are identical but it can also represent what I call Peak. The Peak value is the bar that is the apex of the slope change (ie from up to down). You can also toggle the display of Peak off or on.
Category NinjaTrader 8 Indicators and More
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