• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

TRIX indicator calculation looks wrong

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • trapezoid
    started a topic TRIX indicator calculation looks wrong

    TRIX indicator calculation looks wrong

    Hi NT,

    Your calculation of the TRIX looks suspicious. You have:

    EMA tripleEma = EMA(EMA(EMA(Inputs[0], period), period), period);
    double trix = 100 * ((tripleEma[0] - tripleEma[1]) / tripleEma[0]);
    Default.Set(trix);

    Whereas I think it should be:

    EMA tripleEma = EMA(EMA(EMA(Inputs[0], period), period), period);
    double trix = 100 * ((tripleEma[0] - tripleEma[1]) / tripleEma[1]);
    Default.Set(trix);

    In other words, you are normalising by the current value of the triple exponential, rather than the previous.

    Here are three references for you to check
    http://support2.dundas.com/OnlineDoc...2005/TRIX.html
    http://www.incrediblecharts.com/indi..._indicator.php
    http://daytrading.about.com/od/indicators/a/Trix.htm

    These are just the first ones that google gave me. I don't know if there is an 'official' reference. I was just looking at the code and it didnt make sense. I didn't see any websites calculating it the way you do.

    cheers

  • NinjaTrader_Brett
    replied
    Hello,

    Thanks for posting.

    http://fmlabs.com/reference/default.htm

    We use this reference for most of our indicators. There isn't any one accepted value here as what is correct. In these cases we always default to FMLabs or stocks and commodities magazine where FMLabs got their forumula for the version to use inside of NinjaTrader.

    Let me know if I can be of further assistance.

    Leave a comment:

Latest Posts

Collapse

Topics Statistics Last Post
Started by autogenix, Today, 11:23 AM
1 response
4 views
0 likes
Last Post NinjaTrader_Jim  
Started by pstrusi, Today, 11:34 AM
0 responses
6 views
0 likes
Last Post pstrusi
by pstrusi
 
Started by autogenix, Today, 11:19 AM
1 response
6 views
0 likes
Last Post NinjaTrader_Spencer  
Started by martyn73, Yesterday, 04:31 PM
3 responses
19 views
0 likes
Last Post NinjaTrader_ChristopherJ  
Started by pstrusi, Today, 10:51 AM
3 responses
11 views
0 likes
Last Post NinjaTrader_Jim  
Working...
X