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macd bollinger bands strategy help

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    macd bollinger bands strategy help

    hi everyone

    I need some help with a condition for a strategy using the Macd Bollinger bands that i am stuck with. any help will be much appreciated. i have attached some pictures of my problem.

    but in general,i am stuck trying to work out how to plot the fast over the upper/lower bands to trigger an entry. i am using the Jumbol bbmacd indicator. which might be the source of my problems. I am just not quite sure

    again thank you for any help

    Simon Thompson

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    Attached Files

    #2
    Hi Simon,
    If you open the indicator in NinjaScript, you will notice that the dots change colour if the MACD changes direction (row 79 thru 85). Thus, what you need is the IsRising / IsFalling condition, which can be found under "Misc" in the Strategy Builder. NinjaTrader_PatrickH provided an example using the StrategyBuilder example here:
    https://ninjatrader.com/support/foru...trategy-wizard.
    I hope this gets you started.
    NT-Roland

    Comment


      #3
      NT_ roland. sorry for the late response but thank you for your help mate i will do this

      regards

      Simon

      Comment


        #4
        Hello Simon, thanks for your note.

        I attached a sample that will draw vertical lines on every cross for the default MACD. Since the plots are exposed for the custom MACD indicator, I can't see a reason those plots won't work. To run this add it to Documents\NinjaTrader 8\bin\Custom\Strategies and compile.

        Best regards,

        -ChrisL

        Attached Files

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