i am looking to normalize an indicator for a range of 0-100 so it acts like an rsi for oversold and overbought - the indicator is attached in free form and it needs to be done for ninja trader

Without looking at your code, many times you can do a quick and dirty trick by just using RSI, like so:

 

Code

ds = RSI(myDataSeries, 1, 1)[0];

Typing that free hand from my notebook, no Ninja editor. But the point is, just pass your dataseries that you want to normalize into RSI directly. If 1,1 doesn't give you the desired results, increase the lookback smoothing period.

Mike

thanks - but i dont know the first thing about programing so would not know how to do it - any help would be appriciated - i know it was done in meta and is being used by some prop traders i know so its very helpful

Hi to ALL of you,
I am interested to translate an indicator From Metastock to Ninja Trader...

(Mov((C+L+H+O)/4>Ref(LLV(C,2) ,-1),2,S)) AND
(((H-L)+(O-C))/2<Ref(HHV((H-L),2) ,0))

Any reply is welcome....
Regards
Dimitri

dimitri 

Hi to ALL of you, I am interested to translate an indicator From Metastock to Ninja Trader... (Mov((C+L+H+O)/4>Ref(LLV(C,2) ,-1),2,S)) AND (((H-L)+(O-C))/2<Ref(HHV((H-L),2) ,0)) Any reply is welcome.... Regards Dimitri

Hi Dimitri

If you provide some more information - like the name of the indicator, link or screenshot you may find the requested indicator already exists

bizman70 

i am looking to normalize an indicator for a range of 0-100 so it acts like an rsi for oversold and overbought - the indicator is attached in free form and it needs to be done for ninja trader

You are looking for a bound oscillator, which never goes lower than 0 or greater than 100. These are usually bound because they the result of a ratio, which implies a value is divided by some other value, and the divisor is always >= the dividend. So, I'm not sure what sort of ratio you are looking for. What is being divided by what?

gregid 

Hi Dimitri If you provide some more information - like the name of the indicator, link or screenshot you may find the requested indicator already exists

The oscillator
(Mov((C+L+H+O)/4>Ref(LLV(C,2) ,-1),2,S)) AND
(((H-L)+(O-C))/2<Ref(HHV((H-L),2) ,0))
which i would like to be translated into Ninja Trader is composed from two parts. I have attached screen shots from each one separetely.

In case somebody wants to contact me : [email protected]

Regards
Dimitri