EMA on Open Price of Bar?

[davidt07]

Hi, How does one in Ninja Script declare that you would like to calculate the EMA on the Opening Price of the bar and not the close?

For example, the line below will calculate for the Close of the Bar right?

Add(EMA(5));

What about if I wanted to use the Open Price of the Bar or H - L /2 ???

Thanks

David

[NinjaTrader_Matthew]

Hello,

To calculate from the Open rather than the close, you would use Add(EMA(Open, 5));

You could also use, High, Low, Median, Typical, etc.

[davidt07]

Thank you for the response.

I am using Multi-TimeFrame and Instruments.

Consider,

Add(EMA(Open, 20));

But I would like to use the EMA20 Open in a condition statement from my BarArrays[1] ??

Consider the below condition statement using the EMA Close 20

if (Closes[1][0] > EMA(BarsArrays[1], 20)[0])
{
//do something
}

How would I do the same above however with the EMA Open 20?

Thanks again

David

[NinjaTrader_Matthew]

Hello David,

In that case, you would use Opens:

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?opens.htm

if (Closes[1][0] > EMA(Opens[1], 20)[0])

[davidt07]

Thank you Matthew, that makes absolute sense, don't know why I didn't see that!