Add Channel Lines To The SMA Indicator

[Cross161]

Hello,

I am trying to add channels lines that would parallel and move with the Simple Moving Average at a fixed price level above and below the SMA line.

• For example lets say the SMA price level on a 5 minute chart is $3000 at 10:45am. I am looking to add channel plots that would be at the price level of $3005 and $2995. Next bar at 10:50am the SMA is at $3001 and so the channel lines should start moving up with the SMA with new channel plots for 10:50am should be $3006 and $2996.

Any help would be greatly appreciated.

[NinjaTrader_ChelseaB]

Hello Cross161,

Welcome to the NinjaTrader forums.

Use AddPlot() to add plots, and set the Values[plotIndex][barsAgoIndex] to set the value for the plot.

Below are links to the help guide.

https://ninjatrader.com/support/helpGuides/nt8/addplot.htm

https://ninjatrader.com/support/helpGuides/nt8/values.htm

https://ninjatrader.com/support/helpGuides/nt8/value.htm

Add ticks to the values from the SMA calls with TickSize.

For example:
Values[0][0] = SMA(7)[0] + 5 * TickSize;

Below is a link to the help guide.

https://ninjatrader.com/support/helpGuides/nt8/ticksize.htm

Also, below is a link to a forum post with helpful information about getting started with NinjaScript.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts?p=786040#post786040

[Cross161]

Thank you Chelsea!