Indicator shows the difference between Close and Sma

[Paulhi]

Hello,

I am looking for an indicator that shows the difference between the Close (Price) and a SMA (variable) like SMA200 in percent.
Who can help me?
Thanks

[NinjaTrader_PatrickH]

Hello Paulhi,

Thank you for your post and welcome to the NinjaTrader Support Forum!

I am unaware of such an indicator, but perhaps one of our members has such an indicator.

[Harry]

Basically this would be a variation of the MACD(1, 200, 9). You would need to modify the formula of the MACD and multiply the value with 100 and divide by the close

new MACD = MACD_value * 100 / Close

[koganam]

Hello,

I am looking for an indicator that shows the difference between the Close (Price) and a SMA (variable) like SMA200 in percent.
Who can help me?
Thanks

Use the wizard to create an indicator, defining one parameter called Period.

Where indicated in the shell created, replace the Plot0.Set(Close[0]) statement with Plot0.Set(Close[0] - SMA(Period)).