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Can somebody explain what this code is doing in English please?


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Can somebody explain what this code is doing in English please?

  #1 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011

Hi,

Can somebody explain what this NinjaTrader code is doing in English please? I would like to convert it to Easylanguage. Thanks.

 
Code
if (base.CurrentBar >= 20)
            {
                double num = 0.0;
                for (int i = 0; i < 5; i++)
                {
                    num += base.Momentum(1)[i];
                }
                double num3 = 0.0;
                for (int j = 0; j < 5; j++)
                {
                    num3 += Math.Abs(base.Momentum(1)[j]);

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  #2 (permalink)
 
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 FlyingMonkey 
Los Angeles CA
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olobay View Post
Hi,

Can somebody explain what this NinjaTrader code is doing in English please? I would like to convert it to Easylanguage. Thanks.

 
Code
if (base.CurrentBar >= 20)
            {
                double num = 0.0;
                for (int i = 0; i < 5; i++)
                {
                    num += base.Momentum(1)[i];
                }
                double num3 = 0.0;
                for (int j = 0; j < 5; j++)
                {
                    num3 += Math.Abs(base.Momentum(1)[j]);

This is calling the base Momentum indicator so you need to look at that also.

https://ninjatrader.com/support/helpGuides/nt8/en-us/?momentum.htm

Without lookin at that indicator, my assumption is basically this code appears to be getting two sums.

1. Over the last 5 bars, sum of the difference in closes from bar to bar. This could be a positive or negative number depending on whether the net change is up or down.

2. Over the last 5 bars, sum of the absolute value of those same differences. This can only be a positive number.

So it appears to be comparing 5 bar directional movement (1) with 5 bar amount of price fluctuation in either direction(2)

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