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VisualSMA HELP..... FatTails ?

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VisualSMA HELP..... FatTails ?

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  #1 (permalink)
Colorado Springs, CO
Experience: Beginner
Platform: NinjaTrader
Posts: 20 since Oct 2009
Thanks: 16 given, 0 received

I'm using VisualSMA successfully, representing an 8 range SMA on a 6 range chart...
However, I want to use the same settings in a strategy to tell me if price is close to the SMA.
I'm using the following code:

VisualSMA(50, false, true, VisualSMACalcMode.Strategy, VisualSMAPeriodType.Range, 8, VisualSMAPriceType.Close).MTF_SMA[0]

To test the code, I used it in a strategy to draw dots.
It works for all available bar types EXCEPT Range..

Any ideas would be greatly appreciated.
Thank you all in advance..

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  #2 (permalink)
Market Wizard
Berlin, Europe
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Fat Tails's Avatar
Posts: 9,855 since Mar 2010
Thanks: 4,238 given, 26,731 received

To comment on your findings, I would need to test the strategy.

There are limitations that apply to range bars, because a range bar is only closed after the first tick of the next bar has been detected. We have discussed the issue here:

Please download the access indicator and check whether it behaves in a similar way as your strategy.

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