Stochastics Using EMA Smoothing

[Dortch3]

I am brand new to NT, and would characterize myself as a novice with scripts and indicator programming. I have used numerous charting programs in the past and simply adjusting the coefficients has sufficed. My request is for someone well versed in this arena, to explain in layman's terms how to create a new stochastics indicator using an ema for smoothing. I suspect I cannot be the first to make such a request, so a link may well suffice. Thanks!

-Dortch

[NinjaTrader_Brett]

Hello,


I wont be able to code this indicator for you but I can point you in the right directions with your specific questions to allow you to make the changes.

What you will do in your case for indicator development is copy the default stocastiics by opening it up by going to Control Center->Tools->Edit NinjaScript->Indicator. Then open up the editor for Stochastics then right click on the text and select Save As.

Give it your new indicator name and then replace the following line where the D line is set to what you want. If I understand correctly you want to change this from an SMA to an EMA. To do this change:

FROM:

D.Set(SMA(K, PeriodD)[0]);


TO


D.Set(EMA(K, PeriodD)[0]);



Then make the other modifications for the K line if you need to make these modifications.

Then right click and select compile and test the indicator.



Let me know if I can be of further assistance.

[Dortch3]

Thanks Brett.
I will do it!

-Dortch