colored moving average signal

[castille]

I've noticed that if you have a 50,21 and 8 EMA on your chart and they all turn the same color ( red for short and blue for long) this is frequently a good entry signal. Has anyone else noticed this and is there a way to trigger a trade based on this occurance?

Thanks, Jeff

[NinjaTrader_Josh]

Jeff,

You will need to make a strategy if you want it to trigger a trade. Please see these tutorials on how to make your own strategies: http://www.ninjatrader-support.com/H...tml?Overview34

[castille]

Hi Josh,

I figured that I'd start off simple with the strategy wizard and just get one strategy going based on the color change of the 50 EMA. If we simple go long when the 50 EMA turns blue ( or the up mode) and enter short when the 50 EMA turns red ( or the down mode) is all that I want to accomplish at this point. Oh, I trade the YM so I set my target at 10 points and my stop at 15 points.

Can you help me get this up and running?

Thanks, Jeff

[NinjaTrader_Bertrand]

castille, the strategy wizard will work well for this strategy. As an entry condition you can check if the EMA 50 has crosses over / under the value of the EMA 50 of the previous bar. Then place your entry order in the 'Do the following' section. After the entries are set up, you can enter a stop and target on the 'Stops and targets' page.

http://www.ninjatrader-support.com/H...rdScreens.html