Percent Change of an Indicator

[NTWolfe]

How would you create a strategy based on a Moving average increasing or decreasing by a certain percent from the prior bar to the current bar within the strategy wizard?

For example:

MA[0] > MA[1] by 0.05% as a long entry condition

Thank you for your help.

[NinjaTrader_Austin]

NTWolfe, percentage change is relatively straight-forward to calculate. I will give you an example. Price 1 is 100 and price 2 is 101. At first glance, you can see it increased by 1%, but what is the math behind it?

(Price2-Price1)/Price1*100 will give you the percent change with a 1% change represented by 1. You could simply not multiply by 100 to get a 1% change represented by 0.01.

Let me know if you have any other questions.

[NTWolfe]

% Change MA

That's exactly what I am talking about, it could even return the number without multiplying the result by 100. What are the different ways that this could be put in the Strategy Wizard.

If the current moving average has increased 5% more than the prior bar's moving average enter long and vice versa for short entries.

It is easy to use the MA[0] > MA[1] as a condition, but I am not sure how to build the condition for MA[0] is 5% > MA[1] to enter long. Or whatever percentage that I choose to use.

Thanks for your quick response.

[NinjaTrader_Bertrand]

You should be able to set this strategy conditions up via the offSet parameter we have in the wizard -

http://www.ninjatrader-support.com/HelpGuideV6/ConditionBuilder-OffsettingAnItemValue.html