ATR trailing stop indicator in Market Analyzer

[ljiangd]

Hi,
I want to use ATR trailing stop indicator in market analyzer. I want to plot "Signal" (price is above ATR trailing, show UP, price is below ATR trailing, show DOWN". How should I modify the code? Thanks for your help.


Frank

[NinjaTrader_PatrickH]

Hello ljiangd,

Thank you for your post.

The value in the Market Analyzer column will need to be a plot. You could set the plot to 1 for Up and -1 for Down, then use a Cell Condition in the Market Analyzer to change the cell to display the text "UP" or "DOWN".

For information on Cell Conditions please visit the following link: http://www.ninjatrader.com/support/h..._and_filte.htm

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

[ljiangd]

The value in the Market Analyzer column will need to be a plot.

The value in the Market Analyzer column will need to be a plot.
But I don't know how to modify the code to make that a plot? Can you please help? Thanks.

[NinjaTrader_PatrickH]

Hello Frank,

Thank you for your response.

Below is an example:

        protected override void Initialize()
        {
            Add(new Plot(Color.Blue, PlotStyle.Line, "Trailing Stop"));
			Add(new Plot(Color.Red, PlotStyle.Line, "Signal"));
            CalculateOnBarClose	= true;
            Overlay				= true;
			BarsRequired = 1;
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {
			if (CurrentBar < 1)
				return;

			// Trailing stop
			double trail;
			double loss = ATR(Input, Period)[0] * Multi;
			
			if (Close[0] > Value[1] && Close[1] > Value[1])
				trail = Math.Max(Value[1], Close[0] - loss);
			
			else if (Close[0] < Value[1] && Close[1] < Value[1])
				trail = Math.Min(Value[1], Close[0] + loss);
				
			else if (Close[0] > Value[1])
			{
				trail = Close[0] - loss;
				DrawArrowDown(CurrentBar.ToString(), false, 1, Value[1], Color.Orange);
			}
			
			else
			{
				trail = Close[0] + loss;
				DrawArrowUp(CurrentBar.ToString(), false, 1, Value[1], Color.Orange);
			}

            Values[0].Set(trail);
			
			if(Values[0][0] < Close[0])
				Values[1][0] = 1;
			else if(Values[0][0] > Close[0])
				Values[1][0] = -1;
			else
				Values[1][0] = 0;

[ljiangd]

Hi Patrick,
I modified the code based on your suggestion. But now the indicator has 2 plots. One is "Signal" and it shows +1 and -1 value on the chart. Makes the chart unreadable. On the market analyzer, there is no option for the Signal plot. Can you please take another look? Thanks again.

[NinjaTrader_PatrickH]

Hello ljiangd,

That was just an example to show you how to create a plot. I would recommend reviewing the information on plots at the following link: http://www.ninjatrader.com/support/h...plot_class.htm