Slope Indicator With Enhanced Options

This is a slope indicator that has some enhanced options for slope normalization and de‐trending. Normalization helps with scaling issues, and/or factors in volatility.

User defined inputs

ColorDown : Color for slope <= 0 ColorUp : Color for slope >0
Detrend : Enables/Disables detrending (using linear regression)
DetrendPeriod : Period for the detrend.
InputType : Which moving average to use (or default input)
NormType : Which normalization technique to use
Period : Period for any moving average
Smooth : Smoothing period

Normalization types include "current price", "average price", "average true range" and "standard deviation". "Normalization" is just CurrentSlope / NormalizerValue.

Input types include default, DEMA, EMA, HMA, LinRegSlope, SMA, TEMA, TMA, WMA, and ZLEMA.

Created By NinjaTrader_AdamP
NinjaTrader Version 7
File Size 26.5 KB
Create Date 07/18/2012
# of Downloads 1071

Importing to NinjaTrader 7 is Easy!

To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:

  1. Download the app or add-on file to your desktop
  2. From the NinjaTrader Control Center window, select the menu File > Utilities > Import NinjaScript
  3. Select the downloaded file from your desktop


Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.