Hello!! of an ocsilator in ninjatrader 8 min, max

October 26th, 2021, 09:00 PM

Hello!! of an ocsilator in ninjatrader 8, how can you choose the maximum high and the maximum low of the ocsilator but with a minimum of x amount of histogram bar and -10% of maximum of the minimum .. and for the maximum minimum vice versa being ocsilator> 0 for maximum and minimum ocsilator <0

October 29th, 2021, 04:23 PM

Truenomax

Hello!! of an ocsilator in ninjatrader 8, how can you choose the maximum high and the maximum low of the ocsilator but with a minimum of x amount of histogram bar and -10% of maximum of the minimum .. and for the maximum minimum vice versa being ocsilator> 0 for maximum and minimum ocsilator <0

A few tricks that chop the top and allow the indicator to better pass the "c-test" and so be usable across multiple instruments and time frames:

1) Limit output to Values[0][0] to a max of 10% of HighestBar() and LowestBar(), if your lookback is short enough to stomach the CPU cost of HighestBar() & LowestBar().
If peaks of your highs and lows match then you might just use one of the two e.g. HighestBar(Math.Abs(indicatorResults[0]))
https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?highestbar.htm
https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?lowestbar.htm

2) Run ATR() on Math.Abs() of the results and limit output to Values[0][0] to a to max only x.x StdDevs .

3) Run a long EMA() on Math.Abs() of the results and and limit output to Values[0][0] to a max of x.x of the EMA()

If your lookback period is very long I like the EMA() approach. The EMA() approach is more of a bottoms up rather than exact 10% approach but it is reasonably low cost and continually adjusts to changing indicator volatility.

Code

// something like..   ( a ternary is cleaner but an if-else is easier to read)

double indcatorResultsDbl = 0; 
if((indicatorResults[0]  < (1.6 * EMA(indcatorResults, 800)[0] )  indcatorResultsDbl = indcatorResults;  
else indcatorResultsDbl = 1.6 * EMA(indcatorResults, 800)[0];

.

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Hello!! of an ocsilator in ninjatrader 8 min, max

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Hello!! of an ocsilator in ninjatrader 8 min, max