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Relative strength indicator

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    Relative strength indicator

    Dear all , im lookimg to make an Relative Price Strength indicator (not the RSI one..) , which show as a rank from 0-99 .

    Any suggestion from where should i start?

    Thanks ,

    Regards,

    #2
    bw_water, you refer to ranking the instrument's strength relative to another one / or its index?

    Then you might be interested in checking this work out out found in our sharing section - http://www.ninjatrader.com/support/f...ch=rank&desc=1
    BertrandNinjaTrader Customer Service

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      #3
      Im looking for price relative ranking indicator which rank securities on scale from 1-99 . Many research websites using this indicator to find the "leaders" in market .

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        #4
        Hello I'm wanting to learn how to save RSI as I customise it
        EG: I want to place a 50 line in the middle of the RSI indicator and have it saved like that everytime I open the indicator it opens with this line...any ideas
        Right now in indicator properties there are only 2 lines that you can set usual settings are 30 and 70 but I want to add another line there and set it to 50
        Thank you

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          #5
          dline, you can right click in the code (Tools > Edit NinjaScript > Indicator > RSI to open it) and select to 'Save as'. Give your new RSI a custom name then.

          In the Initialize() section of the code you will see the horizontal lines being created, you can add in your 50 level here as well to make it a total of 3 lines.
          BertrandNinjaTrader Customer Service

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            #6
            HI Bertrand

            That worked !
            I'm not a wiz at code so I realised i had to hit the compile button as well.
            but all in all this will save me alot of work when I open that workspace. It is also in my indicator basket
            Cheers mate

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              #7
              Great to hear, yes of course (how could I forget) the compile would be needed as well to commit those changes in.
              BertrandNinjaTrader Customer Service

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