Bill William's Acceleration Deceleration is a relative of the MACD, but it uses the Awesome Oscillator instead of the raw MACD. The signal line is obtained by smoothing the Awesome Oscillator via a simple moving average with the period 5.
This indicator can be used as a MACD histogram, which is built from simple instead of exponential moving averages.
Bill William's Awesome Oscillator is quite similar to the raw MACD, but uses simple moving averages with a period of 34 and 5 instead of the exponential moving averages used for the MACD. The input value is the median of the bar, whereas the default MACD uses the close.
The histogram shown by the indicator is comparable to the raw MACD line. I have added a signal line to the raw oscillator, just to show that it can be used in a similar fashion as the MACD.
There are other NinjaTrader versions of the Awesome Oscillator
- which use an additional data series to allow for changing the plot colors (NT 6.5)
- which do not allow to change the parameters for the moving averages
This indicator can be used as a MACD, which is built from simple instead of exponential moving averages.
This strategy is a simple trend trader that uses RSI and MACD.
The strategy uses RSI as a trend filter with a 50/50 cutoff. RSI > 50 only long trades will be opened, RSI < 50 only short trades will be opened.
The trigger is MACD, I was using 21,55, and 9 as the default settings. If bullish MACD cross takes place while RSI > 50, long position will be opened. If Bearish MACD cross takes place while RSI < 50, short position will be opened.
Risk is managed via Stop, Profit Target, Breakeven Stop, and a Trailing Stop. All are in Dollars - not number of pips.
All of the inputs can be modified through the input options menu when setting the strategy.
Plots the MACD, RSI, or Stochastics and automatically draws a line representing the current trend and generates an alert if the trend line is broken. Based on the Automatic Trend Line Detection indicator by NinjaTrader_Ray.
This is a slight modification to the original MACD BB Lines indicator.
The defaults are the same.
The changes I made were:
Increase the dot size
Swapped the upper band and lower band colors (upper is now blue & lower is red), Removed the white "background" dot that was displaying behind the MACDBBLine dot.
UPDATED APRIL 10, 2010 - ADDED A "MID-LINE" between the upper BBband and lower BBband
This works in NT6.5
This has not been tested in NT7.0
Updated version of ZeroLag MACD with some enhanced visual flare, zero line is colored based on whether the MACD line is above or below the average line and the overall trend is up or down.