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Percentile indicator

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    Percentile indicator

    Hi, everybody.
    I would like to use a percentile indicator on the charts. I think of 2 ways. First, as a specific indicator of an indicator , i.e. user-defined percentile function of 10 day MA.

    Second, more universal, as an indicator that would overlay an indicator that is already plotted. I would prefer the latter, if it's not too slow. I would like to use it on many indicators on many charts at the same time.

    I'm a programming newbie. I couldn't find any mentioning about the percentile function in the manual, nor on the forum.

    Thanks in advance for any suggestions, advice.

    #2
    Hi monnn, unfortunately we can't provide programming services, but maybe some community members can help you out.

    What exactly do you mean by a percentile indicator/function?
    AustinNinjaTrader Customer Service

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      #3
      I understand.

      For example, you have a 10 minute moving average indicator plotted. Then, you would overlay it with a percentile indicator of that indicator. You would specify the percentiles, i.e. 80th and 20th, and period which would be analyzed, i.e. last 100 bars. The indicator would then plot the 80th percentile and 20th percentile as bands.

      Do you at least know, what is the name for the percentile function in NT language ?

      Thank you.

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        #4
        Unfortunately there is none in NinjaScript directly, but this general C# link should help you out - http://msdn.microsoft.com/en-us/library/bb545971.aspx
        BertrandNinjaTrader Customer Service

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          #5
          Update to this old thread...

          I have just uploaded a Percentile indicator to the NT7 file sharing area. It's a fast, efficient algorithm that gives exact results. It's great for plotting median values. I'm currently using it to identify extremes in volume and price range.
          Last edited by anachronist; 10-23-2014, 05:31 PM. Reason: spelling

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