I am seeking some clarification on indicators:
1) Momentum indicators exist in two forms. Momentum can either be expressed as a numerical difference or a percentage difference between prices. Which form does the momentum indicator provided in Ninjatrader take? I need the percentage difference version, and I was hoping it was available.
2) What are the base units of the newly added slope indicator? Is it expressed in dP/dT? Ie: something similar to the momentum indicator?
3) I would like to find values for an indicator (the 20SMA for example) over three different time frames (10m, 30m, 1hr etc), and trade only when the price is above all three 20SMA values. Is there a way I can do this in the strategy wizard? I can't figure out how.
I believe that finding the different values of the same indicator using different time intervals can be achieved using the Bars method, but I don't see anywhere in the strategy wizard where I can add or remove bars. I understand that price data on the same security are assigned different bar index numbers based on intervals. Is there a way to add all the relevant timeframe bars via the wizard and use them differentially within the condition builder? (Does the answer lie in the inputseries parameter?)
Is there also a way to check which bar represents which timeframe, or which is the primary bar?
4) Can I specify a list of instruments traded under a strategy from the strategy wizard? I don't see an option within the wizard. Do I need to edit the code to do so?
5) Lookback period vs Bars Ago. In what way are they different? Am I right to say that "bars ago" compares the current bar with just the T-n bar (where n is specified by the user), whereas "lookback period" applies to all the bars in between the current bar [0 bars ago] and the last bar specified in the lookback period?
6) For the offset parameter in the strategy builder, can I set the offset value as a negative value rather than a positive one?
Thank you so much for your help!
Comment