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Hello traders and welcome to the
NinjaTrader Indicator Warehouse.
Today we're going to talk about the
Ultimate Moving Average.
So what makes this the ultimate moving average?
Well, we've combined a variety of moving averages together
into a single, clean indicator, with a ton of
configuration options to match your unique style of trading.
So with this, you can accurately and quickly
identify trend changes with a variety of unique methods,
including visual display of trend change, zones near the
moving average.
You can configure market flatness and a variety of
visual and audible alerts.
Now, it also reduces clutter on your chart by integrating
the moving average into paint bars.
And it allows you to see accurate information with a of
standard as well as hard-to-find moving for
creating very personalized combinations.
So let's take a look at this now.
As I mentioned, the Ultimate Moving Average is an extremely
configurable and easy to use tool.
So I chose to apply the super trend moving average.
And here, we have a few things to look at.
So, as you can see, the line changes color where they are
trend changes, or when the market is trading flat.
So here we have a trend change, indicated by a change
in color, and also a yellow dot at that change point.
Now, when the bars are below this line,
market is trending down.
And when bars are above this line, the marketers is
trending up.
And it's at this point of change where price is broken
through either support or resistance.
Simple to read and understand, right?
So depending upon your trading style or system, you can
configure the different parameters to identify the
specific types of trends that you're looking for.
So why is better than just using one of free versions of
multi-color, moving average lines floating around the net?
Well, it uses a more sophisticated algorithm for
better accuracy.
So in this game, everything counts.
It also has the ability to define flatness by using range
parameters.
And depending upon your style and definition of flatness,
you can modify this to suit your needs.
Now with this, there are also more variety of alerts.
You've got visual alerts, audible
alerts, as well as email.
You can even configure alerts when you're
nearing a moving average.
So let's take a look at how to set this up in
the Parameters box.
All right, traders, let's take a look at how to continue this
in the Parameters box.
First I'm going to right click on my charts, look for
indicators, them I'm going to left click on indicators.
And here we have the Parameters box.
So first, I'm going to find my indicator, left
click on that once.
And to the right, we have the parameters box for the
specific indicator that I've chosen.
So here, you can configure the main moving
average type and period.
And if I open up the moving average type here, you can see
we have many different options here, many standard moving
average types.
We've even got some rare moving average sites like the
RMA, or Raise Moving Average.
This is actually a proprietary moving average developed by
our own Ray Burke from Indicator Warehouse.
So here, if you're going to use Kaufman's, you can
configure the number of bars.
And if you actually left click on the parameter type right
here you'll get a little tool tip down below kind of
explaining what that particular
parameter is all about.
Now, if you're going to use the Super Trends, this comes
with the standard Super Trend settings, but you can also
configure those as you see feet.
So if you're somebody who likes you Super Trend, if
you've got very specific settings that you'd like to
use, you have the flexibility to change
these as you see fit.
And here we have the VMA, the Volatility Moving Average, and
you can also configure the periods here.
And if we scroll down, we can take a look
at some other options.
Here we have the Alert options.
So here I can configure the Color Change alerts, the Audio
alerts, as well as Zone alerts.
Now I can also set emails to be sent.
So if you're not watching your charts, or you're at work, you
can still get your notifications.
And you can also set pop-ups to appear
on the screen itself.
Now here we have the flat conditions.
Essentially, you can color the line depending upon whether
you're in an up trend, down trend, or in a flat market.
Now you can also set a zone here, and this is just the
mass number of tics that would actually constitute what a
flat condition is.
Here we have the marker colors.
You can change the different colors when price either
enters or exits zone.
And then here we can also paint the bars
a particular color.
So you can paint the bars, you can set that as true or false,
whether the bars below or above the trend line.
And then down below here, we have the different lines that
we can plot in our chart.
So you can make some configuration changes here.
So let me go here and can set the bars to
be painted to true.
Let's apply the changes and take a look at what
that looks like here.
OK, so you can clearly see we have the bars either painted
green or red, or black, if it's
straddling the trend line.
So if the bars are above the line, they appear in green.
And if they're below the line, they appear in red.
So in a constant effort here to reduce clutter and kind of
show off the flexibility of our indicator, let's go back
in, and let's make some changes.
So I want to get rid of the line altogether.
So I'm going to go into the flat conditions.
I'm going to take the up trend, down trend, and the
flat line, and I'm going to make them all transparent.
So what this is going to do, it's actually going to take
that line and remove it completely from my charts.
So let me go ahead and make those changes.
All right, I'm going to apply my changes now.
And then let's take a look at what we have.
So here we have a chart, a very clean chart.
There's no line, although it is taking into account all
those different things that we've set above.
And essentially, what it's doing is, instead of giving us
the line, it's giving us painted bars.
And you can see, this looks just like it did before,
without the line, giving you clean clear, concise
information that you might be looking for.
So as you can see, this is a very versatile indicator and,
in the right hands, an extremely powerful tool.
The Ultimate Moving Average is a great
addition to any toolkit.
As we've seen, you have a ton of options.
And you can configure this to match your
trading style or system.
It's clean on your charts and provides extremely accurate
information.
And remember, whether you're day training the E-mini S&P,
other futures contracts, or forex, Indicator Warehouse
will help you get more profit from your online training and
technical analysis efforts.
Thank you for joining us.