macd crossover

[shanemcdonald]

hi

How can I develop a strategy that is based on the fast crossing over the slow in a macd ?
So far I have only been able to get rising or falling macd to work properly.
Cant seem to pull the slow or fast out of macd for a crossover strategy.

thanks

shane

[NinjaTrader_Bertrand]

Shane, you could check into the attached example from the wizard interface. It would execute Market Orders to go Long / Short on the MACD plot crossing the AVG plot of the MACD system indicator.

[shanemcdonald]

hi

thanks for that

after looking at the code, I could not see how to do the one plot crossing over the other.
But I can just save that and build off of that right ?
It is not protected code ?
How do you select the macd plot out of the macd indicator, or just select the avg plot ?
I seem to only be able to select the whole indicator.

anyway, thanks so much for the sample
I appreciate that.

shane

[NinjaTrader_Bertrand]

Shane, it's not protected in any way but done via the wizard interface. You can hit the view code button and then would see this condition used - the default MACD value is checked for a cross with the .Avg Plot value:

if (CrossAbove(MACD(12, 26, 9), MACD(12, 26, 9).Avg, 1))
{
EnterLong(DefaultQuantity, "");
}

[shanemcdonald]

thanks for pointing it out !
I overlooked that.
I appreciate your help with this.

thanks again

shane

[shanemcdonald]

i had been looking at the other macd sample which appears to be a rising and falling macd.

thanks
shane

[NinjaTrader_Bertrand]

No worries Shane, glad to help.