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Help understanding indicator construction for tradestation


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Help understanding indicator construction for tradestation

  #1 (permalink)
 
YertleTurtle's Avatar
 YertleTurtle 
Portland, USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ZS
Posts: 215 since May 2011
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I want to make a type of zig zag indicator that updates in realtime and zigs from highest close to lowest close over a certain threshold.

The issue that I'm having is a conceptual one. How do I adjust previous indicator data points when there is a new tick? (I've looked at the zig-zag indicators provided by tradestation and all of them are lagging in order to avoid this issue).

How do I adjust an indicator that has already been plotted?

And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom

- Anais Nin
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  #2 (permalink)
SunTrader
Boca Raton, FL
 
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YertleTurtle View Post
I want to make a type of zig zag indicator that updates in realtime and zigs from highest close to lowest close over a certain threshold.

The issue that I'm having is a conceptual one. How do I adjust previous indicator data points when there is a new tick? (I've looked at the zig-zag indicators provided by tradestation and all of them are lagging in order to avoid this issue).

How do I adjust an indicator that has already been plotted?

Hit ctrl-r.

Or build another Delorean TimeMachine.

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  #3 (permalink)
 
YertleTurtle's Avatar
 YertleTurtle 
Portland, USA
 
Experience: Intermediate
Platform: Ninjatrader
Trading: ZS
Posts: 215 since May 2011
Thanks Given: 42
Thanks Received: 362


I finally figured it out without the delorean.

Cheers

And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom

- Anais Nin
Started this thread Reply With Quote




Last Updated on April 11, 2021


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