Converting eld to nt

[iangohye]

Hi im looking for help from ppl who have experience in easy language.

ive got the following code im attempting to convert to ninjascript:

Value1 = 2 * WAverage(price, halvedLength);
Value2 = WAverage(price, length);
Value3 = WAverage((Value1 - Value2), sqrRootLength);

The variable price is a NumericSeries. Value1 and Value2 are double.

What i dont get is that you can do a WAverage from Value1-Value2? Im underthe impression that weighted averages take a defined period of a certain price type. Wha does taking a weighted average of Value1-Value2 mean?

Having problems understanding this, would appreciate any help
thanks
ian

[NinjaTrader_Bertrand]

Hi im looking for help from ppl who have experience in easy language.

ive got the following code im attempting to convert to ninjascript:

Value1 = 2 * WAverage(price, halvedLength);
Value2 = WAverage(price, length);
Value3 = WAverage((Value1 - Value2), sqrRootLength);

The variable price is a NumericSeries. Value1 and Value2 are double.

What i dont get is that you can do a WAverage from Value1-Value2? Im underthe impression that weighted averages take a defined period of a certain price type. Wha does taking a weighted average of Value1-Value2 mean?

Having problems understanding this, would appreciate any help
thanks
ian

Hi ian,

Thanks for your post.

This just means it smoothes the difference (momentum) of Value1 - Value2 of the specified period input, in this case 'sqrRootLength'.

The 'Input' does not have to be a Price type one (OHLC), but any type of a series of values, like other indicators for example, or volume.

[iangohye]

Thanks Bertrand for your reply

Yup youve confirmed my understanding of averages. (ie. require a set of numbers over a certain period)

But if the input requires a series of values, how does (Value1 - Value2) fit in there? since (Value1 - Value2) returns a single, double value.

[NinjaTrader_Ray]

You have to store Value1 - Value2 calculation for each bar in a DataSeries and then take the average of the DataSeries.

More information - http://www.ninjatrader-support.com/H...iesObject.html