Net Change

[Segwin]

Found this Net Change Indicator for NT7. Hoping someone can convert it to NT8.

Thanks in advance.

[NinjaTrader_ChrisL]

Hello Segwin,

Thanks for the post.

I will perform the conversion on this script for educational purposes due to its simplicity. If you would like to learn more about NinjaScript and converting scripts, please see this post from my colleague:

https://ninjatrader.com/support/forum/showthread.php?p=490313#post490313

A link to our NinjaScript documentation can be found below:https://ninjatrader.com/support/help...injascript.htm

I am also linking you to the Educational Resources section of the Help Guide to help you get started with NinjaScript:*

*https://ninjatrader.com/support/help..._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

I will post the conversion here when it is done.

[Segwin]

Muchas Gracias Chris.

I will look over the rest of the information in your post as well. Now that Oanda supports NT I can reinvest the time.

[NinjaTrader_ChrisL]

Hello Segwin,

Thanks for your patience.

It turns out NetChange is already a default indicator in NinjaTrader 8.

It is under the name "NetChangeDisplay", the source code can also be viewed from the NinjaScript editor via New>NinjaScript editor.

Please let us know if we may be of any further assistance.

[aligator]

Hello Segwin,

Thanks for your patience.

It turns out NetChange is already a default indicator in NinjaTrader 8.

It is under the name "NetChangeDisplay", the source code can also be viewed from the NinjaScript editor via New>NinjaScript editor.

Please let us know if we may be of any further assistance.

Hi ChrisL,

There is no default NetChangeDisplay indicator for NT8, unless we can't find it. However, it is one of the parameters in Market Analyzer.

Meanwhile, I have converted the above custom NT7 version to NT8 (simple straightforward), attached.

Cheers!

[NinjaTrader_ChrisL]

Hello aligator,

Thanks for posting that.

I am running an internal build of NinjaTrader 8 on my machine. This indicator must be new, and may be added in a near future update.

Apologies for the confusion.

[aligator]

Hello aligator,

Thanks for posting that.

The I am running an internal build of NinjaTrader 8 on my machine. This indicator must be new, and may be added in a near future update.

Apologies for the confusion.

Hi ChrisL,

Perhaps a future indicator for percent change would be more useful for intraday as a plot starting at zero (no comparison to previous day close) on the first tick of the session and plotting the percent change during the session instead of (or in addition to) a display box.

This way, one can compare performance of several instruments during the session, more like a radar screen to identify leaders and lagers.

Thanks.

[NinjaTrader_ChrisL]

Hello aligator,

Thanks for the reply.

I will submit a feature request for this indicator you describe. In the meantime, take a look in the Market Analyzer column folder, there is a net change indicator in there.

Please let me know if I may be of any further assistance.

[yunakhan1]

Improved Netchange indicator

I have NT7 net change indicator which show % and price color change above and below previous close. Is it possible to convert to NT8? Thank you in advance.

[aligator]

I have NT7 net change indicator which show % and price color change above and below previous close. Is it possible to convert to NT8? Thank you in advance.

yunakhan1,

Here is my straightforward NetChangeDisplay NT8 conversion. I do not use this indicator, but it was a simple conversion.

Cheers!

[Leafcutter]

yunakhan1,

Here is my straightforward NetChangeDisplay NT8 conversion. I do not use this indicator, but it was a simple conversion.

Cheers!

This is amazing - especially because this indi provides the possibility of choosing the relative event from which the net change is calculated. If I would have discovered this earlier...

THANX

[aligator]

This is amazing - especially because this indi provides the possibility of choosing the relative event from which the net change is calculated. If I would have discovered this earlier...

THANX

Thanks Leafcutter,

Perhaps you could elaborate on this "possibility" of relating an event to price change following the event (i.e. weekly oil inventory report and its impact on percent change in oil prices?).

It may be possible to create a dynamic indicator including the calendar of economic events, or even earning report, to determine the effect on price performance. That information can be of value for trading.

Cheers!