I am working on an indicator that generates a signal for a long permission, and another signal for a short permission. Is there a way to add a value to the signal? For example, Long (1) Short (-1), no signal (0). Any help or direction would be greatly appreciated.

Cheers!
Bullywig

Bullywig 

I am working on an indicator that generates a signal for a long permission, and another signal for a short permission. Is there a way to add a value to the signal? For example, Long (1) Short (-1), no signal (0). Any help or direction would be greatly appreciated. Cheers! Bullywig

this one has tradeTrigger = 1 or -1

Converting NT7 indicators to NT8 for free Can someone convert TrendChannel to Ninjatrader 8. Thank you

cory 

this one has tradeTrigger = 1 or -1 Converting NT7 indicators to NT8 for free Can someone convert TrendChannel to Ninjatrader 8. Thank you

Thank you for the direction. I found the portion of code that refers to the value 1 or -1. I was able to implement this into my indicator and it compiled without any errors, but I cannot find where that value prints or is referenced so that it can be used or called up in a potential strategy. This is a new venture for me so still on the exponential flat so to speak as far as understanding the code, so I apologize in advance if I'm not recognizing something that is very obvious.

Bullywig 

Thank you for the direction. I found the portion of code that refers to the value 1 or -1. I was able to implement this into my indicator and it compiled without any errors, but I cannot find where that value prints or is referenced so that it can be used or called up in a potential strategy. This is a new venture for me so still on the exponential flat so to speak as far as understanding the code, so I apologize in advance if I'm not recognizing something that is very obvious.

ninja forum can help to develop your strategy

Bullywig 

I am working on an indicator that generates a signal for a long permission, and another signal for a short permission. Is there a way to add a value to the signal? For example, Long (1) Short (-1), no signal (0). Any help or direction would be greatly appreciated. Cheers! Bullywig

I think this is a good idea Bullywig.

You ask about adding value. One way - depending on your strategies is to have strength categories
If your indicator is bounded (eg. possible values from zero to 100) then you could decided to break it into categories.

So this is the spreadsheet for % close in range and you can place numerics to the levels

@IF(FR64>0.86,"Vhigh cls",@IF(FR64<=0.86#AND#FR64>0.76,"high",@IF(FR64<=0.76#AND#FR64>0.24,"mid",@IF(FR64<=0.24#AND#FR64>0.14,"low",@IF(FR64<=0.14,"Vlow cls","other")))))


Vhigh = 2
high = 1
mid = 0
low =-1
very low =-2

which could read
strong buy
buy
no trade
sell
strong sell

The idea is you may vary the amount invested in a trade risking more on a strong buy then on a buy.
------------
If it is unbounded and if most values are between -100 and +100
vhigh =2 = +100 to infinity
high = 1 = +62 to +100
mid = 0 = -32 to +62

etc
---
If at a later date you will have other indicators you can follow something similar for them
indicator 1 = strong buy
indicator 2 = buy

I have split the range into 5 categories above. Of course you can decide what the split would be for your indicator - not too many and not too few.