MACDUpDown Strategy

[rmyrick]

How would I set up a strategy that went long when the MACDUpDown Indicator turned green and Short when it turned red using the Strategy Wizard? Thanks.

[NinjaTrader_Bertrand]

rmyrick, since the indicator does the coloring logic according to the slope of the MACD main value you can just directly check for this value to be rising / falling in your wizard condition interface for entries. From the misc category in the wizard you can use the Rising / Falling methods and directy them simply to use the MACD as input series, it would offer multiple plots to access but you just want the main one. On the right side of the condition you check for this being 'true' then (found under misc as well). A general introduction into the possibilities with the Condition Builder can be found here :

http://www.ninjatrader.com/support/helpGuides/nt7/condition_builder.htm

[rmyrick]

When I try to use Rising as the right side expression, I get the error message: Left side expression and right side "Boolean" expressions don't match. With rising I can only use == or != for the middle expression. Any suggestions? Thanks.

[NinjaTrader_Matthew]

To check for a rising condition:

On the Left side, you'll using "Rising" and the operator would be "==" and the column on the right select "True"

[rmyrick]

I see that the 2nd condition looks for rising = True. How would the first condition listing MACDUpDown read.

[NinjaTrader_Bertrand]

You can for example combine that simply with checking the direction of your desired plot on the previous bar to determine if the turn just happend so you would need to act. I've attached a little example for you to get you hopefully going.