I had a request from a client for a detrending oscillator and couldn't find one in our forum (though one may exist). I decided it's a good thing to add so I made this for anyone to use.
Detrending creates an oscillator by using the formula Current Price - Detrending Value. The detrending value is usually some moving average or linear regression output.
Inputs
ColorUp : Color for the oscillator > 0
ColorDown : Color for the oscillator < 0
InputType : The type of detrending you would like to do. There are many options including LinReg or EMA, etc.
Period : Period for the detrend.
Smooth : Smoothing you would like to apply to the detrended series.
| Created By | NinjaTrader_AdamP |
| NinjaTrader Version | 7 |
| File Size | 20.2 KB |
| Create Date | 11/07/2012 |
| # of Downloads | 1251 |
Importing to NinjaTrader 7 is Easy!
To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:
- Download the app or add-on file to your desktop
- From the NinjaTrader Control Center window, select the menu File > Utilities > Import NinjaScript
- Select the downloaded file from your desktop
Questions?
Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.