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Hey guys, I thought many of you would enjoy and benefit from this thread. My intention is to have each poster reply and describe in as much detail as possible an indicator they want created for NinjaTrader.
This Ribbon Trader changes color based on the slope only. Is there a way to add whether it is above or below the other MA's before it changes color?
For smaller MAs:
If ALL MAs sloping up AND above ALL other larger MAs, then lime.
If ALL MAs sloping down AND below ALL other larger MAs, then red.
If MA sloping up BUT below any other larger MAs, then green.
If MA sloping down BUT above any other MAs, then maroon.
For largest MA:
If MA sloping up BUT Above ANY other smaller MA, then green.
If MA sloping up AND BELOW all other smaller MAs, then lime.
If MA sloping down BUT below ANY other smaller MA, then maroon.
If MA sloping down AND above all other smaller MAs, then red.
Examples:
slope(ma05) >=0 and ma05 > all ma ... lime
slope(ma05) <=0 and ma05 > any ma's ... maroon
slope(ma05) <=0 and ma05 < all ... red
slope(ma05) >=0 and ma05 < any ma's ... green
slope(100) > 0 and ma100 < all ma's...lime
slope(100) > 0 and ma100 > any ma...green reverse for red/maroon