AddDataSeries not generating the same value

[lkuo.me]

Hi,

I am trying to get ATR 14 day value in an indicator. However, when the indicator is loaded in a lower time frame chart, i.e. hour or minute. the ATR daily value is different from I get in a daily time frame chart.

the way I'm getting the ATR 14 day value is

else if (State == State.Configure)
			{
				AddDataSeries(Data.BarsPeriodType.Day, 1);
			}
			else if (State == State.DataLoaded)
			{
				atrDaily = ATR(BarsArray[1], 14);
			}

Please see a screenshot and a example indicator attached. a picture is worth a thousand words

I couldn't figure out what am I doing wrong.

Thank you very much for your help.

[NinjaTrader_AlanP]

Hello,

Thank you for your note.

I wrote an indicator which correctly displays the same value on a minute and daily chart.

Do you see the same behavior with the attached indicator?

I look forward to your reply.

[lkuo.me]

Hi Alan,

Thanks for the quick reply.

I took the example you provided then realized that I didn't have enough bars loaded to correctly calculate the 14 day ATR.

I think it would be super helpful if this is mentioned in the documentation, or maybe I just missed it.

I tried out your indicator and still not getting the exact same value, please see the screenshot attached.

The indicator I loaded in the chart on top, set one to on bar close and another one on price change.

Is this the expected behaviour or am I missing something?

Thanks

[NinjaTrader_AlanP]

Hello lkuo.me,

If the indicator did not have enough bars you would see the error on the log tab. I will pass on your suggestion about needing an amount of bars > your ATR period.

If you set both indicators to calculate OnPriceChange, the weekly as well as the 1 minute, the numbers should match.

Please let us know if you need further assistance.

[lkuo.me]

I tried it out and it works perfectly.

Thank you for your help!