NinjaTrader 7 Indicators - Mutli Reverse EMA (REMA)
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NinjaTrader 7 Indicators
Indicators in this section are compatible with NinjaTrader 7

Mutli Reverse EMA (REMA) 5 *
Exported with NinjaTrader 7.0.1000.34

Release Date 9/4/2017

This indicator is based on the article in the Stocks and Commodities Magazine, August, 2017 edition titled “The Reverse EMA (REMA) Indicator” written by John F. Ehlers. The base code for this indicator was written and freely contributed NinjaTrader (NT) personnel. Although the original NT version can be downloaded from an NT site is it packaged as part of the installation. The modified indicator provided is named fpgMultiREMA. No modifications were made to the NT version.

Ehlers describes this indicator as a “causal forward and backward indicator” further stating that it “provides a clean and crisp output that can adapted to cycle, momentum, and trend activity”. The indicator described by Ehlers and provided by NT (named REMA) is a single plot with a single controlling parameter. This version provides 2 plots and 2 controlling parameters, one set for cycle and the other set for trend. Plot and zero line characteristics can easily be controlled. The trend and cycle alpha control values are set as described in the article and can be varied according to one’s trading strategy and chart settings.

In the article Ehlers does not described how the REMA can be used however, given that it is a potential substitute for the EMA one possibility is to use multiple REMAs, one set to trend and the other to cycle alpha values, as provided by this indicator. The user will need to experiment to see what crossings (cycle, trend, or zero line) might be usable as trading signals as no signals are produced in this version. A future extended version will have enhancements that will collect and expose values that potentially can be used to produce signals.

The provided screen shot shows the indicator in the lower panel with the price panel containing a 13 period EMA (green) and a 20 period SMA (White) for comparison purposes.

Change Log
Date ----- Description
9/4/2017 Initial release

Category NinjaTrader 7 Indicators 
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September 4th, 2017
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