There is an indicator that Brett Steenbarger has discussed on his blog site called the cumulative tick index. I am new to Ninja Trader and can't quite get my head around indicator programming just yet, so was wondering if anyone out there could code it or at least give some pointers.
The steps are:
1. Indicator is on the 1 minute $Tick index.
2. Calculate the average of (High, Low and Close)/3 for each bar
3. Calculate the average of the previous 2030 bars of the above before current day (this is 5 days (5 x 406 bars)(Brett uses 20 days instead).
4. Take the close of current 1 minute Tick bar and minus the value calculated in 3.
5. Add the the current value in 4 to the last value calculated, making it cumulative. Start the day at zero, although maybe that isn't important.
As you can see this is not totally straight forward.
Any help you can provide would be great.
The steps are:
1. Indicator is on the 1 minute $Tick index.
2. Calculate the average of (High, Low and Close)/3 for each bar
3. Calculate the average of the previous 2030 bars of the above before current day (this is 5 days (5 x 406 bars)(Brett uses 20 days instead).
4. Take the close of current 1 minute Tick bar and minus the value calculated in 3.
5. Add the the current value in 4 to the last value calculated, making it cumulative. Start the day at zero, although maybe that isn't important.
As you can see this is not totally straight forward.
Any help you can provide would be great.
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