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Average Bar Range

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    Average Bar Range

    Can someone share an indicator for the Average Bar Range?
    (like ATR but only an average of High-Low for x bars)

    #2
    Berto,

    Try searching the File Sharing section. If you do not find anything suitable, you can also try a 3rd party NinjaScript Consultant as a last resort: http://www.ninjatrader.com/webnew/pa...injaScript.htm
    Josh P.NinjaTrader Customer Service

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      #3
      By changing the code of the ATR indicator I could make it through trial and error.
      c# is really hard if you are used to easy language.

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        #4
        Berto,

        C# is not a scripting language. It is a full programming language.
        Josh P.NinjaTrader Customer Service

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          #5
          Here is something that I use to calculate the Average Range of a bar.

          Notes: You can adjust average range by a multiplier. For instance, you could use 0.90 to plot 90% of the average range. Default setting is 1.0 or 100%. The plot is rounded to the nearest tick.
          Attached Files

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            #6
            Thank you!

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              #7
              anyone coded this for nt8 ? thanks

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                #8
                Hello Chris.nucleus,

                Please see the User App Share:

                Average Daily Range or Average Range Profit Target normalized to be bounded to oscillate between 0 and 100 percent of recent price variation. Based on the ATR indicator which was introduced by Welles Wilder in his book 'New Concepts in Technical Trading Systems' and has since been used as a component of many indicators and […]


                The link above is publicly available.

                The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.
                JimNinjaTrader Customer Service

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                  #9
                  thanks Jim

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