B line

[NinjaTrader_Ben]

Hello,

Over bought and over sold can be defined different ways so I put in 4 different colors splitting on 80, 50, and 20 to cover two different schools of thought.

[Jaap8242]

I don't know. You should ask Ninja Trader Ben who has written this code.
But you could differentiate the overbought line from the oversold line by giving them different colors.

Jaap

[jake28787]

B-LINE indicator

is it possible to modify this indicator to plot a one color when oversold and another color when overbought

[Elliott Wave]

Hi Jaap,

We have some new staff members that are ramping in supporting NinjaScript. I will assign this request as a training task for one of them. Give us a week or so to get this done.

WOW, I'm really happy to hear this!

[Jaap8242]

Hello Ben, Thank you very much for your quick and nice translation of the TS code.
The Bline works great in Ninja Trader.

Jaap

[NinjaTrader_Ben]

Hello Jaap,


Thank you for your EasyLanguage to NinjaScript translation request.

Your translated indicator is attached.

Import instructions:

1. Download the file contained in this thread to your PC desktop
2. From the Control Center window, select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file

twtrader,

No, DFull is not plotted or used within the calculation, but I did translate it. DFull is probably a leftover from a variation of the indicator calculation. It can be eliminated from the code.

[twtrader]

What is DFull used for? Is it also plotted ?

I put your code in an indicator, but it does not seem complete.

TW

Hello,
In Tradestation I use an indicator, the B-line, which is a kind of LT stochastic indicator. Originally developed by Judy McKeigan ( Buffy) at dacharts.com.
I'm not familiar with the Ninja program code. Therefore I have copied the TS code of the B-line.


Input: Price(Close), Length1(35), Length2(10), Length3(1), OverBought(80), OverSold(20),
MidColor(White),OBOSColor(Red);
Variables: KFast(0), KFull(0), DFull(0), LL(O), HH(0);
LL = Lowest((High+Low)/2, Length1);
HH = Highest((High+Low)/2, Length1);
KFast = 100 * IFF(HH-LL=0,0,(((High+Low)/2) - LL)/(HH- LL));
KFull = Average(KFast, Length2);
DFull = Average(KFull, Length3);
If KFull <= 80 and KFull >= 20 then
Plot1(KFull,"Stoc",MidColor,Default,2) else
Plot1(KFull,"Stoc",OBOSColor,Default,2);
Plot3(OverBought, "OverBought");
Plot4(OverSold, "OverSold");

I hope that someone can translate this into Ninja code.

Jaap

[NinjaTrader_Ray]

Hi Jaap,

We have some new staff members that are ramping in supporting NinjaScript. I will assign this request as a training task for one of them. Give us a week or so to get this done.

[Jaap8242]

Hello,
In Tradestation I use an indicator, the B-line, which is a kind of LT stochastic indicator. Originally developed by Judy McKeigan ( Buffy) at dacharts.com.
I'm not familiar with the Ninja program code. Therefore I have copied the TS code of the B-line.


Input: Price(Close), Length1(35), Length2(10), Length3(1), OverBought(80), OverSold(20),
MidColor(White),OBOSColor(Red);
Variables: KFast(0), KFull(0), DFull(0), LL(O), HH(0);
LL = Lowest((High+Low)/2, Length1);
HH = Highest((High+Low)/2, Length1);
KFast = 100 * IFF(HH-LL=0,0,(((High+Low)/2) - LL)/(HH- LL));
KFull = Average(KFast, Length2);
DFull = Average(KFull, Length3);
If KFull <= 80 and KFull >= 20 then
Plot1(KFull,"Stoc",MidColor,Default,2) else
Plot1(KFull,"Stoc",OBOSColor,Default,2);
Plot3(OverBought, "OverBought");
Plot4(OverSold, "OverSold");

I hope that someone can translate this into Ninja code.

Jaap