Tracking Moving Average Envelopes NT8

This indicator draws a moving average, then plots upper and lower bands based on an envelope percentage. In addition, the indicator includes upper and lower lines that follow the upper and lower bands (only moving in the right direction, never backwards), that will only display if the price last breached the upper or lower band.

The indicator will allow you to specify a moving‐average type in the Indicators window. You can select between SMA, EMA, HMA, TMA, TEMA, or WMA, and the envelopes and tracking lines will work the same way. You can adjust the envelope percentage and moving‐average period in the Indicators window, as well.

Note:This script is still beta. Please submit any issues or comments to [email protected].

I just convert from NT7 to NT8, idea from NinjaTrader_DaveI

Created By soon123
NinjaTrader Version 8
File Size 11.0 KB
Create Date 02/18/2021
# of Downloads 880

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