Detrend Oscillator

[boseman]

Does Ninjatrader offer a Detrend Oscillator? The formula is:

Detrend Oscillator = Close(today) minus simple period moving average

[NinjaTrader_Bertrand]

Hi boseman,
Have you tried using the PriceOscillator with the settings 1, Close, 10, 1? This uses an EMA to detrend then ... Please see also this link here - http://www.ninjatrader-support.com/H...scillator.html

[Elliott Wave]

Does Ninjatrader offer a Detrend Oscillator? The formula is:

Detrend Oscillator = Close(today) minus simple period moving average

I'm not sure so I made one.

Instead of just SMA, you can choose from 11 different moving average types.

[NinjaTrader_Bertrand]

Thanks for creating and posting this, good job!

[boseman]

Elliot Wave, thanks for the help on this one. I'll try it out.

[T2020]

Dido , very nice . On a different software I created a 4 plot moving average
indicator . Each individual MA could be set to a different type and period and
once setup the way you like could be set to default to that each time you added it to a chart . I miss it . It makes a certain bit of sense to include more
than 1 option in a indicator as I think it would save on cpu usage .

[NinjaTrader_Bertrand]

Hi T2020, you do this in NinjaTrader by setting it up and using a chart template then...less work to set it up then on your next chart.

[T2020]

Hi T2020, you do this in NinjaTrader by setting it up and using a chart template then...less work to set it up then on your next chart.

Yes , actually one of the very 1st things I learned initially in demoing NT . Still
I think it would save cpu and easier to change an existing MA from 1 type to
another . Who knows maybe V 7 will hold some surprises in this regard .

[Ricardo Salas]

Thanks Elliott Wave for this Indicator which is nice to see the divergence between Prices and SMA (or whatever MA you chose).

However in order to see better theses divergences and to see better the spikes of the Prices, it would be nice if you could implement this option:

when Price> SMA (or whatever you chose)
Detrend Oscillator = High(0) minus simple period moving average

and when Price< SMA
Detrend Oscillator = Low(0) minus simple period moving average.

Addtionally, for those who use SMA envelopes or EMA envelopes, besides de "0" line in the oscillator that you have implemented, please consider to add:

Parallel lines to the "0" line above and below according to a "displace1" , "displace2", etc variables chosen by the user (the same that one normally uses for the Envelopes) according to the formula:

upper line+1 above "0" : SMA*( +Displace1/100)
lower line-1 below "0" : SMA*( -Displace1/100)

upper line+2 above "0" : SMA*( +Displace2/100)
lower line-2 below "0" : SMA*( -Displace2/100)

at least 3 lines above and 3 lines below "0".

Thanks in advance

Ricardo

[MotownCat]

Detrend for Ninjatrader 7

Do you have an updated Detrend Oscillator for Ninjatrader 7? Thanks in advance!

[NinjaTrader_Bertrand]

Do you have an updated Detrend Oscillator for Ninjatrader 7? Thanks in advance!

Welcome to our forums - the attached works well for me on latest NT7R9.

[MAGICK]

Works fine for me 2.

[MotownCat]

Thanks so much!! It works for me very well.

[TexFly]

How do I use the Detrend Oscillator (BTW...thanks!) inside a strategy? How do I "call" it?

Thanks.

[NinjaTrader_PatrickH]

Hello TexFly,

Thank you for your post.

If I wanted to add the indicator the chart the strategy is applied to I would use the following:

        protected override void Initialize()
        {
           	Add(DetrendOscillator(VC.NinjaScript.Utility.MovingAverageType.SMA, 14));

Let's say I want to check if the current close is greater than the DetrendOscialltor I would use the following:

			if(DetrendOscillator(VC.NinjaScript.Utility.MovingAverageType.SMA, 14)[0] < Close[0])
			{
				//Do something
			}

Here I selected the SMA but you can select any of the MAs supported in the DetrendOscillator.

Please let me know if I may be of further assistance.