NinjaTrader MACD + EMA Indicator is a trading system that leverages the combined usage of the MACD and EMA indicators, each with its unique functionality, making them a valuable combination for market analysis. The indicators have been recognized by traders for their effectiveness in helping them make informed decisions about entering trades and confirming signals.
The MACD indicator is employed to assess the strength and direction of a trend, as well as to identify potential reversal points. It is most effective in markets with a wide range of fluctuations. MACD determines the best entry points when there is a clear trend. The EMA indicator helps with this task very well, as it determines the current priority direction of the trend.
The indicator has the ability to customize indicators to suit the individual needs of traders: changing the type and period of the moving average and changing MACD parameters.
In order not to miss profitable opportunities for opening trades, the indicator provides settings for various types of alerts.
The indicator includes two modes of trading strategies: Classic and Advanced.
Classic Strategy
It is a classic version of the MACD + EMA trading strategy.
BUY
SELL
Advanced Strategy
It is an extended version of the classic MACD + EMA trading strategy with additional conditions for the occurrence of signals.
BUY
SELL
The indicator has the following parameters:
Alerts – setting up various types of alerts.
Strategy Type – switching strategy modes Classic / Advanced.
MACD – setting up key MACD parameters.
Moving Average – setting the type and period of the moving average.
Enable Moving Averages – this parameter allows you to make the display of indicator lines more visual for interpreting analytical data. Green EMA line – the price is above the EMA line, red line – the price is below the EMA line. Green color of moving averages is a buy zone, red color is a sell zone, blue color is a neutral zone.
Nordman Algorithms is not liable for any risk that you face using the software. Please, use the software on your own responsibility. The software is coded in accordance with a common known concept and Nordman Algorithms does not guarantee accuracy or trading performance of the software signals.
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.
CFTC Rules 4.41 – Hypothetical or Simulated performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products or services described herein, or any interest, ownership or otherwise, in any such product or service, or endorses, recommends or approves any such product or service.
