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New York
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader
Trading: Futures
Frequency: Every few days
Duration: Years
Posts: 176 since Mar 2023
Thanks Given: 168
Thanks Received: 141
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I’m in search of a unique Moving Difference (MD) indicator tailored for advanced analysis. This indicator should enable the utilization of a broad spectrum of moving averages, encompassing all those available in NinjaTrader, such as the Double Exponential Moving Average (DEMA), Simple Moving Average (SMA), and Exponential Moving Average (EMA). Ideally, it would permit the flexible selection of moving averages for comparison, for example, allowing me to choose an EMA with a 20-period setting for the fast line and a 30-period SMA for the slow line. The core feature would be its capability to visually represent the difference between these two selected moving averages as a histogram directly on the chart. Furthermore, I require the option to toggle the signal line on and off according to my analysis needs, emphasizing a straightforward display of the histogram that illustrates the variance between the chosen moving averages without additional distractions.
I think simply using the MACD indicator that is already on , and changing the parameters of the inputs, could do the trick. But I am not a coder, and I would appreciate any help with this.
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