EMA spread determination

[Teebone21]

I want to know if I am able to determine the spreads % between two moving averages using the strategy builder ? I see it will be a great chop" determination tool

[NinjaTrader_PaulH]

Hello Teebon21,

Thanks for your post.

If you are using two EMAs then it would be easily done by checking the value of the PPO indicator in the strategy builder. PPO = The Percentage Price Oscillator shows the percentage difference between two exponential moving averages.

Otherwise, you would need to create a custom series (double type) in the "additional data" page.

In a set without conditions,you would need 3 steps to calculate this, in this order.
First assign the value of the fast moving average- slow moving average to the custom series.
Next take the current value of the custom series and divide by the slow moving average and reassign to the custom series
Next take the current value of the custom series and multiple times 100 and reassign to the custom series

Please see the help guide on how to use "Offset" to perform these math functions: https://ninjatrader.com/support/help...setAnItemValue

With the final step, the custom series would not hold the % difference of the two moving averages.

[Teebone21]

Thank you. I will test out when I get To my pc
when I'm trying to do is use a either a bool or % comparison value to determine if my algo should enter or ignore signals