Smoothed Rate of Directional Change

The smoothed rate of directional change indicator discussed in the article “Taming The Effects Of Whipsaw” by Richard Poster in this issue is available for download at the following link for NinjaTrader 8:

Once the file is downloaded, you can import the indicator into NinjaTrader 8 from within the control center by selecting Tools → Import → NinjaScript Add-On and then selecting the downloaded file for NinjaTrader 8.

You can review the indicator source code in NinjaTrader 8 by selecting the menu New → NinjaScript Editor → Indicators folder from within the control center window and selecting the file.

A sample chart displaying the indicator is shown below: