NinjaScript > Language Reference > Indicator Methods >
Adaptive Price Zone (APZ)
The Adaptive Price Zone indicator from the S&C, September 2006 article "Trading With An Adpative Price Zone" by Lee Leibfarth is a set of bands based on a short term double smooth exponential moving average. The bands form a channel that surrounds the average price and tracks price fluctuations quickly, especially in volatile markets. As price crosses above the zone it can signal an opportunity to sell in anticipation of a reversal. As price crosses below the zone it can signal an opportunity to buy in anticipation of a reversal.
double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.
You can view this indicator method source code by selecting the menu Tools > Edit NinjaScript > Indicator within the NinjaTrader Control Center window.