Macd with SMAs

[jrabil]

I would like to create a Macd indicator using SMA lines rather than EMA lines. In other words, I would like to create Raschke's 3/10 oscillator. How do I do that in NT7?

[NinjaTrader_RyanM1]

Hello jrabil,

Welcome to the NinjaTrader forums!

This requires custom programming. The difference between two SMAs can be expressed with:

SMA(14)[0] - SMA(26)[0]

[jrabil]

Do I create a new indicator under tools/new NinjaScript/indicator? If so, I do not see how to create an indicator that plots the difference between 2 SMAs.

[NinjaTrader_RyanM1]

Yes, you create a new indicator through Tools > New NinjaScript > Indicator.

You can define inputs for slow and fast periods.

You can use the snippet below to plot the difference.
Plot0.Set(SMA(Fast)[0] - SMA(Slow)[0]);

You can see here for an introduction to indicator development in NinjaTrader.

Attached is an indicator that does if you want to compare what it should look like.

To Import
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file

[jrabil]

This file gives me an error when I try to import it into Ninja.

[NinjaTrader_RyanM1]

There's not much to the indicator that would cause errors. I see it is .cs instead of the expected .zip file. It's corrected now - please try to download and import again.

[jrabil]

it says it cannot import the file because it is an invalid file type. it says it must be a zip file.

[NinjaTrader_RyanM1]

I see - thanks for the reply. Please try with the new file added in that same post.

[jrabil]

That works great. Thank you very much.