Slope Value of Indicator Values in MA...

[asa32sd23]

(newbie) I am creating a MA window with indicators, i have the Regression Channel but it just gives me the price of the closing value, which is useless, I am looking for the Slope of the indicator, anyway to accomplish this within the MA tables?

Also looking for Money Flow Ratio Slope as well instead of absolute values...alot I have seem in the MA threads are for charts..how do i accomplish this within Market Analyzer ?

thanks if anyone can help a newbie...

[NinjaTrader_Jason]

Hi,

Unfortunately, it is not possible by default to display the slope of the Regression Channel indicator in the Market Analyzer.

However, you can create custom indicators using NinjaScript to display this value. More information can be found in the link below.

NinjaScript:

http://www.ninjatrader-support.com/HelpGuideV6/Overview18.html

In addition, you can use the Wizard to create custom Indicators. Please go to Tools-->New NinjaScript-->Indicator.

I believe the MFI indicator is what you are looking. However, it will only display absolute values.

[asa32sd23]

i tried going throught the process of creating a new indicator, very complicated for a newbie non programmer, creating a strategy seems more user friendly.... is the script the only way to create an INDICATOR??

[Elliott Wave]

i tried going throught the process of creating a new indicator, very complicated for a newbie non programmer, creating a strategy seems more user friendly.... is the script the only way to create an INDICATOR??

Unfortunately, yes. If the condition builder was added to the indicator wizard that could really help with syntax, but at the moment the NT development team doesn't see it as being useful. Hopefully they will change their mind in the future.

See this thread for more information:
What use is the indicator wizard?

http://www.ninjatrader-support.com/vb/showthread.php?t=7346

[asa32sd23]

exactly, those first 4 screens are pointless and to open up to that Script Editor with the ///, colors, text, **, I wouldnt even know where to start!

The strategy wizard does allow you to see you code being built and you use the GUI intereface ( just like with Excel which is how I learned some basic VBA progamming in Excel) But that shouldnt be advertised as a Indicator Wizard....its not...

I think it would be more prudent to have a Indicator Wizard then a Strategy Wizard (having both is ideal obviously) Cant seem to force myself to learn other people indicators or the standard ones when I dont see there use, i probably wont come up with anything better BUT its my way of seeing price action and I would like to create the indicator based on my own vision...