Wilder's Moving Average

[ssijbabu]

Hi,

Can someone help me to correct this indicator.

It is showing a straight line.

Regards
Sujay

Amibroker Code:
=============
A1 = WilderMA(C, 5);

function WilderMA(Field, Period)
{
X[0] = Field[0];

for(i = 1; i < BarCount; i++)
{
X[i] = Field[i]/Period + X[i - 1] * (Period - 1)/Period;
}
return X;
}

[NinjaTrader_AdamP]

sujay,

Could you describe to me the issue a bit more here for clarification? Where did you get this indicator?

[ssijbabu]

Hi NinjaTrader_AdamP,

I wrote this indicator by modifying EMA code.

Formula:

http://search.cpan.org/dist/Finance-GeniusTrader/lib/Finance/GeniusTrader/Indicators/WWMA.pm

Problem:
This is a kind of trend indicator so it should draw a line like other moving average up and down curve.

But i am getting a horizontal straight line.

[NinjaTrader_AdamP]

Hello,

Likely the formula has an issue here. At first I thought it might be because it's only adding some small value each time, but looking at it closer I think it might be that the order these arithmetic operations are going through causes the issue. Division on computers can sometimes be funky if you aren't careful.

http://en.wikipedia.org/wiki/Floating_point#Accuracy_problems

This appears to work :

Plot0.Set(CurrentBar == 0 ? Input[0] : ((Plot0[1]*(period-1) + Input[0])/period ) );

[ssijbabu]

Hello,

Likely the formula has an issue here. At first I thought it might be because it's only adding some small value each time, but looking at it closer I think it might be that the order these arithmetic operations are going through causes the issue. Division on computers can sometimes be funky if you aren't careful.

http://en.wikipedia.org/wiki/Floating_point#Accuracy_problems

This appears to work :

Plot0.Set(CurrentBar == 0 ? Input[0] : ((Plot0[1]*(period-1) + Input[0])/period ) );

Thanks for the code Adam. Here is the indicator.

[calster]

Does anyone have wilders for ninjatrader? This indicator doesnt work with the newest ninjatrader

[NinjaTrader_Gaby]

Hello calster,

Though I was not able to find it, it is possible that this indicator is publicly available on our NinjaTrader Ecosystem website:

• https://ninjatraderecosystem.com/user-app-share/

Otherwise, this thread will remain open for any users of the forum community to chime in if they are aware of any existing versions of the Wilders indicator for NinjaTrader.

Here is a basic guideline of how to import NinjaScript add-ons in NinjaTrader 8:

Note — To import NinjaScripts you will need the original .zip file.

To Import:

1. Download the NinjaScripts to your desktop, keep them in the compressed .zip file.
2. From the Control Center window select the menu Tools > Import > NinjaScript Add-on...
3. Select the downloaded .zip file
4. NinjaTrader will then confirm if the import has been successful.

Critical - Specifically for some NinjaScripts, it will prompt that you are running newer versions of @SMA, @EMA, etc. and ask if you want to replace, press 'No'

Once installed, you may add the indicator to a chart by:

• Right-click your chart > Indicators... > Select the Indicator from the 'Available' list on the left > Add > OK

Here is a short video demonstration of the import process:

• Install a 3rd Party Indicator or App

Please let me know if I can be of further assistance.

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