Project EMA line forward

[mlarocco]

Hi,
I don't know if this is possible but I would like to be able to project the line of the EMA forward along it's current direction.I guess you could say, project it's current direction into the future.

Thanks

[arbuthnot]

Hi,
I don't know if this is possible but I would like to be able to project the line of the EMA forward along it's current direction.I guess you could say, project it's current direction into the future.

Thanks

Do you remember calculus from school? This is effectively the same as drawing a tangent to a curve.

You need a previous time period to anchor your ray (which is the style you want, I think). You could use the previous bar, but this will be highly unstable. Anyway, if you go n bars back, this is your coding:

DrawRay("My ray" + CurrentBar, [B][I][COLOR="Blue"]n[/COLOR][/I][/B], EMA([I]Period[/I])[[B][I][COLOR="Blue"]n[/COLOR][/I][/B]], 0, EMA([I]Period[/I])[0], Color.Blue);

[NinjaTrader_Jesse]

Hello,

Thank you for the question.

The plots would not be able to be projected past the current bar but you are able to use drawing tools with a negative bars ago to achieve a similar effect, this would include drawing dots or triangles or any of the drawing tools.

You would need to create a indicator in order to do this, you would also need to create logic to determine what values the dots for example would be placed in the future bars.

I do not know of anything existing that does this but potentially could be created

please let me know if I may be of additional assistance.

[Harry]

Hi,
I don't know if this is possible but I would like to be able to project the line of the EMA forward along it's current direction.I guess you could say, project it's current direction into the future.

Thanks

Feasible, It is a bit tricky to code the line that plots ahead. A correct solution would require a custom plot. Without a custom plot, you need to scroll the chart forward to be able to see the projection.

Attached is a screenshot of a quick and dirty sample indicator that requires scrolling, Doing it correctly would take some more time.

[mlarocco]

Thanks for the replies. Looks like I have some playing/testing to do.