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Hello. Looking for an indicator that will mark the quarters and body of a candle. I have actually found one to do the quarters. BUT I am wanting it mark the 50% of the remaining body at close, not the whole candle. Thanks
This one from the ecosystem is good, but it marks the 50% of the whole candle, including wicks. Maybe it can just be modified?
Not sure what you mean. I can not find anything referencing FormulaIndicator in the downloads or search area. I am not a programmer. Wouldn't have a clue how to do it myself.
This formula should work too:
CLOSE(0) + (OPEN(0) - CLOSE(0)) / 2
I used chat GPT to find another solution.
I started with this prompt:
I have an indicator named "FormulaIndicator" for Ninjatrader that accepts one parameter of type text. The text we enter represents a formula the indicator will interpret to generate new series on the fly. Here are a few simple formula examples:
Comparison to NinjaScript syntax (left is formula expression = right is NinjaScript C# expression):
CLOSE() = Close
CLOSE(0) = Close[0]
VALUE(VOL(),0) = VOL()[0]
VALUE(CLOSE(), 0) = Close[0]
BARS-ARRAY(0) = BarsArray[0]
VALUE(SMA(BARS-ARRAY(0), 14), 0) = SMA(BarsArray[0], 14)[0]
VALUE(SMA(14),0) = SMA(14)[0]
VALUE(MACD(12,26,9),0) = MACD(12,26,9)[0]
MATH-LOG10(CLOSE(0)) = Math.Log10(Close[0])
For example, to generate a new series that would display 3 times the ATR(13) below an EMA(50) we could enter this formula:
VALUE(EMA(50),0)-VALUE(ATR(13),0) *3
The indicator supports these Price Series:
CLOSE, OPEN, HIGH, LOW, WEIGHTED, TYPICAL, MEDIAN
and finally it supports these math functions:
MATH-ABC, MATH-LOG, MATH-LOG10, MATH-EXP, MATH-SQRT, MATH-ACOS, MATH-ASIN, MATH-ATAN, MATH-ATAN2, MATH-CEILING, MATH-COS, MATH-COSH, MATH-E, MATH-FLOOR, MATH-IEEEREMAINDER, MATH-MAX, MATH-MIN, MATH-PI, MATH-POW, MATH-ROUND, MATH-SIN, MATH-SINH, MATH-TAN, MATH-TANH
Given these details, could you write a formula for me if i specify my requirements ?
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Requirement:
write the formula to calculate the average between the Close and Open prices and that could correctly account for both bullish and bearish candles.
