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Color Change based on a Moving Average

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    Color Change based on a Moving Average

    Not sure, if it's being asked around on the site but curious if anyone has an indicator where the price line would change color depending on if it's above or below the moving average. Similar to the picture below.

    Click image for larger version

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    #2
    Hello harryodell55, thanks for your post.

    The "Price Line" indicator comes with the platform by default and can be modified to change the line's color when above/below an indicator value. To save a copy of the indicator open up the NinjaScript Editor> Open the PriceLine file> right click> Save As> give the script a different name.

    Unfortunately, I do not know of an existing indicator that I could provide for an example.

    Please let me know if I can assist any further.

    Chris L.NinjaTrader Customer Service

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      #3
      Thanks for the reply Chris, I have made a copy of the Priceline, Essentially I'm just trying to have a SMA, for instance of 700 periods on my line on close tick chart, that changes color depending on if it's above the white line or below, if an image helps at all. I'm not sure. Click image for larger version

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        #4
        Hello harryodell55, thanks for your reply.

        Unfortunately, I will not be able to provide a full example of the changes. The new PriceLine script needs to add the EMA/SMA indicator to get price updates from it in OnBarUpdate. When the value of the Close[0] price is above/below the MA value, the indicator needs to use a different brush color, so you will have to set up an extra brush in the script as well. This post will remain open to any member of the community that wishes to help out as well.

        Please let me know if I can assist any further.
        Chris L.NinjaTrader Customer Service

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