Here is a simple demonstration to create Custom Nested Indicators using Ninjatrader 7. We had taken a simple example to plot Hull of RSI. At marketcalls we use Hull of RSI as sentimental indicator. The logic behind the multimeframe sentimental dashboard is nothing but the smoothed hull moving average of RSI. This bring more responsiveness and good in identifying shorter term trend cycles. Suits mostly for a discrete mean reversion traders.
This indicator requires NinjaTrader version 7
1)Save the zip-file Download HMAColorChange indicator for Ninjarader 7 (no need to unzip) to the location of your choice
3)Select the saved zip-file in the opened dialog
4)If everything is OK you will see a confirmation (otherwise an error will be displayed)
5)Now to go your charts ->Right click over the chart and Select Indicators -> Select HMAColorChnage and follow the procedure as per the above video to get the nested custom indicator [ HMA(RSI(7),14) ]