I found this indicator in my MetaTrader folder and decided to convert it to NinjaTrader.
This indicator measures the up and down 'drive' of an instrument by comparing the relationship between High, Low, Open and Close prices over the specified depth (period).
I found the original indicator quite noisy so I added a smoothing parameter as well as a transparent difference plot to make it easier to use within strategies.
| Created By | Elliott Wave |
| NinjaTrader Version | 7 |
| File Size | 6.3 KB |
| Create Date | 06/29/2010 |
| # of Downloads | 833 |
Importing to NinjaTrader 7 is Easy!
To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:
- Download the app or add-on file to your desktop
- From the NinjaTrader Control Center window, select the menu File > Utilities > Import NinjaScript
- Select the downloaded file from your desktop
Questions?
Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.