Fast MACD Slope Color Change

[SharonSS]

Hello,

I watched the "Automated Strategy Development Level 1" yesterday with Adam. Plus I've gone through a number of videos. However, I can't or don't understand how to do a simple color change for the slope of the fast MACD. I understand how to do a crossover of the fast and the slow MACD, but that's not what I want. I want it to color green when rising and color red when going down.

This should be possible because I downloaded a "Jurbol_MultiMA_Color Slope" so I don't understand why a simple one can't be done with the MACD.

I use my own MACD parameters.

If this can't be done in Market Analyzer and you tell me I have to have a Ninjatrader script writer do the job, then how much would that cost?

Thanks for any suggestions.

[NinjaTrader_Matthew]

Hello,

I assume you meant Strategy Analyzer, correct?

If so, it would not be possible to change the plot color based on the slope of the fast or slow MACD through the strategy analyzer, but it is possible with custom programming.

If you are interested in learning how to do this yourself, I'm including a reference sample on creating multi-colored plots:

http://www.ninjatrader.com/support/forum/showthread.php?t=3227

I'm also including a link to an existing MACD indicator which will change the MACD fast based on the Slope:

http://www.ninjatrader.com/support/forum/local_links.php?catid=4&linkid=465

If you have limited time or programming capabilities, you can discuss your requirements with any of our NinjaScript consultants.


Click here for a list of certified NinjaScript Consultants

[SharonSS]

Thank you so much for the link to the slope of the MACD template already done! I don't know how I missed that - perhaps before I wanted it.

Are you the Matthew that made it? When I saw the template, I said God Bless Matthew. :-)

I put it on my chart, changed the MACD settings, and it's perfect - exactly what I wanted.

Thanks again!

[NinjaTrader_Matthew]

That would be me and you're very welcome

[latkinso]

Multi-coloredPlot

Hi Matthew

Could you tell me how to change from SMA to HMA using your
sample MultiColored Plot?

Thanks

Lynn Atkinson

[NinjaTrader_Matthew]

Instead of using SMA, you would use the HMA fucntion.

For example the multi colored plot currently has:

Lower.Set(SMA(Low, Period)[0]);

You would change this to:

Low.Set(HMA(Low, Period)[0]);

You will want to repeat this for all instances of the SMA in the script you're working with.