This is a slope indicator that has some enhanced options for slope normalization and de‐trending. Normalization helps with scaling issues, and/or factors in volatility.
User defined inputs
ColorDown : Color for slope <= 0 ColorUp : Color for slope >0
Detrend : Enables/Disables detrending (using linear regression)
DetrendPeriod : Period for the detrend.
InputType : Which moving average to use (or default input)
NormType : Which normalization technique to use
Period : Period for any moving average
Smooth : Smoothing period
Normalization types include "current price", "average price", "average true range" and "standard deviation". "Normalization" is just CurrentSlope / NormalizerValue.
Input types include default, DEMA, EMA, HMA, LinRegSlope, SMA, TEMA, TMA, WMA, and ZLEMA.
I just change from NT7 to NT8, Idea from NinjaTrader_AdamP
| Created By | soon123 |
| NinjaTrader Version | 8 |
| File Size | 2.0 KB |
| Create Date | 01/06/2021 |
| # of Downloads | 1894 |
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