New MACD Trending Bands Indicator for NinjaTrader
Posted in NinjaTrader, Trend Indicators. Written by Adam on July 23rd, 2010
Just when you thought you has seen every variation of MACD, along comes the MACD Trending Bands indicator for NinjaTrader. If you’re familiar with the standard and very useful MACD indicator then you’re going to love this new MACD innovation.
This indicator is similar to the MACD, but with upper/lower bands and a clear visual plotting system. You can use this powerful indicator to not only determine current trend direction but also divergences and overbought/oversold conditions.
Click here to see a video overview.
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