Low to High of X Days

[AlphaOptions]

Searching the forum I could not find that anyone had developed an indicator that would identify the High and Low of X number of days (usually 252) and then subdivide this range into 8 segments. Basically it would put a line at these fractions of the range:

0.125;
0.250;
0.375;
0.500;
0.625;
0.750;
0.875;
1.00;

Since this is a relatively old school approach, I am surprised it does not exist in our group, but it is also possible I overlooked it.

[NinjaTrader_PatrickH]

Hello AlphaOptions,

Thank you for your post.

I am not familiar with any indicators that will sub divide the high and low over a set period of days. This would however be possible and can be created through NinjaScript in NinjaTrader. If you would like to take on learning NinjaScript, we have a fully documented help guide which will help you get started with Ninja Script. You will find language references to all of the methods and functions you will be using. You will also see a tutorial section which will help you create your first indicator and get you started with some of these concepts.
A link to our Help Guide can be found below: http://www.ninjatrader.com/support/h...stribution.htm

I am also linking you to the Educational Resources section of the Help Guide to help you get started with NinjaScript: http://www.ninjatrader.com/support/h..._resources.htm

You will find Reference Samples online as well as some Tips and Tricks for both indicators and strategies:
Click here to see our NinjaScript Reference Samples: http://www.ninjatrader.com/support/f...splay.php?f=30
Click here to see our NinjaScript Tips: http://www.ninjatrader.com/support/f...ead.php?t=3229

These samples can be downloaded, installed and modified from NinjaTrader and hopefully serve as a good base for your custom works.

There is a also a growing library of user submitted custom indicators (100+) that can be downloaded from our support form. Please look in the NinjaScript File Sharing section of our support forum as you may find what you are looking for there: http://www.ninjatrader.com/support/f...splay.php?f=37

If you have limited time or programming capabilities, you can discuss your requirements with any of our certified NinjaScript consultants.
Click here for a list of certified NinjaScript Consultants: http://www.ninjatrader.com/Ecosystem/NonBroker.php#81

Please let me know if you have any questions.

[koganam]

Searching the forum I could not find that anyone had developed an indicator that would identify the High and Low of X number of days (usually 252) and then subdivide this range into 8 segments. Basically it would put a line at these fractions of the range:

0.125;
0.250;
0.375;
0.500;
0.625;
0.750;
0.875;
1.00;

Since this is a relatively old school approach, I am surprised it does not exist in our group, but it is also possible I overlooked it.

That sounds suspiciously like Murray Math. Search the indicators forum: there are about 4 versions of it on here.