This indicator draws a moving average, then plots upper and lower bands based on an envelope percentage. In addition, the indicator includes upper and lower lines that follow the upper and lower bands (only moving in the right direction, never backwards), that will only display if the price last breached the upper or lower band.
The indicator will allow you to specify a moving‐average type in the Indicators window. You can select between SMA, EMA, HMA, TMA, TEMA, or WMA, and the envelopes and tracking lines will work the same way. You can adjust the envelope percentage and moving‐average period in the Indicators window, as well.
Note:This script is still beta. Please submit any issues or comments to [email protected].
| Created By | NinjaTrader_DaveI |
| NinjaTrader Version | 7 |
| File Size | 13.5 KB |
| Create Date | 01/27/2015 |
| # of Downloads | 780 |
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.