The Market Direction indicator can be purchased separately, or is available as part of the Club Membership. To get access to our entire collection of indicators, including any future releases, click here to join the Club.
The NinjaTrader Market Direction indicator was authored by Donald Lambert in the Stocks & Commodities article “The Market Direction Indicator Anticipating Moving Average Crossovers.” In the article, Mr. Lambert explains the calculation for calculating the expected price where two moving averages would crossover. He then goes on to explain how he used this concept to create the Market Direction Indicator (MDI).
The Market Direction indicator is built on our Oscillator Framework, which allows users to easily run the indicator on multiple time frames (MTF), including custom bar types. To preview “The Framework” that makes our indicators a necessary part of every traders arsenal, please review the following video: