Find Average Daily Range using Intraday data

[ollywedgwood]

Hi,

I'm struggling a bit and wondered if anyone could help.

I would like to develop an indicator that gives the average daily range (i.e. High[0] - Low[0] on daily bars) when I'm using intraday data, e.g. 15min bars.

Is this possible to calculate either from the intraday data, or from Add(new series of daily bars)? Any help much appreciated - thanks!

Olly

[NinjaTrader_Brett]

Hello,

Thank you for your forum post.

Both ways you described are both ways you can do this (Multi Series in indicators isnt support in NinjaTrader 6.5 only NinjaTrader 7 however)

However before we get into this might be worth taking a look at the following indicator in our forum that already does this.

http://www.ninjatrader.com/support/forum/local_links.php?catid=1&linkid=242

Let me know if I can be of further assistance.

[ollywedgwood]

Thanks Brett - much appreciated. It works nicely.

Olly

[nicbizz]

Hi Brett, is this indicator the same as the PrevOHLC? I'm having trouble importing it.

The following error message appears:

"The existing file 'Indicator/@PriorDayOHLC.cs' on your PC is a newer version of the one contained in the NinjaScript Archive File you are importing. Would you like to replace the existing file?"

Upon clicking Yes, the following error message appears:

"Import failed. The NinjaScript Archive File may contain duplicate method names that already exists on your PC or there is a required file missing on either your PC or in the import archive".

[NinjaTrader_Austin]

nicbizz, it is not not the same as PreviousDayOHLC.

Please follow the instructions below to see where the errors are coming from after compiling the indicator. This will allow you to debug the indicator/strategy or remove it from your PC. If you are wondering why you receive an error when compiling only one indicator, it is because NinjaTrader compiles all indicators and strategies- not just one.

• Open NinjaTrader
• From the Control Center select the Tools menu--> select the Edit NinjaScript menu item--> select Indicator
• Select an indicator and double click on it.
• A new window will appear and you will need to right click in the window and select Compile to compile the indicators.
• At the bottom of the window a new section will appear were you can find the error locations.
• From there you have the option to remove the indicator or debug it.

Let me know if this does the trick for you.