Strategy, new indicator to be programmed

[mlambole]

Hello all,

Here is my problem. It takes me hours to go though all the charts manually and look for my entry pattern. I would like to be able to have a custom indicator that detects my entry pattern , that way I could then run it in market analyzer and get a list of all potential stocks.

I was wondering if any programmers out there familiar with ninjascript could help me out coding this indicator, I would really appreciate it ! Here is the logic for a buy: there must be at least 5 consecutives bars that closed above 10 ema, then 1 bar that closes below or really close to 10ema and the following bar that closes above 10 ema and above the close of the previous bar (the one that closed below 10 ema). If you need more information please pm me.

Thank you

[NinjaTrader_Ben]

Hello,

Hopefully someone will help you. As an alternative you may want to go here:

http://www.ninjatrader.com/webnew/partners_onlinetrading_NinjaScript.htm

[ekshay]

mlambole, I have almost no background in programming or ninjascrpting. I just made my first 2 indicators using Help files & a forum post in the last 36 hours.

Here is an indicator with all of your Entry criteria. My twist for "closes below or near 10 ema" was to simply look for a Close below a faster ema.
The default setting for main (slow) EMA is 10, and faster EMA is 7. These are customizable.

This indicator does NOT plot any EMA on the chart, it only draws Green or Red Triangles below/above your Long/Short entry bars.

The code also contains Sound Alerts, but its the first time I have coded those, and have yet to test it in real-time.

Having said that, I have NO clue as to how to set this up with Market Analyzer.

[Made with NT 6.5. Not tested on NT 7.]

[mlambole]

Ekshay,

Thank you so much for your help. It turns out I also looked at the documentation and was able to create the indicator I wanted.

To run it through market analyzer, your script must return 1 for example when a certain condition is met and then you can load the indicator in market analyzer and tell him to go through all the stocks and keep the ones where your indicator returns 1.

in the initialize function you add :
Add(new Plot(Color.FromKnownColor(KnownColor.Orange), PlotStyle.Bar, "Plot0"));

and in the onbarupdate function when the buy/sell condition is met you return 1 like this
Plot0.Set(1);


That's it

Cheers !