Re: Ergodic Indicator

[amruta]

Hi all,

I need help with Ergodic indicator.

This indicator is based on close price of the candle. Is it possible to calculate the indicator based on (H+L+C)/3 instead of close price?

If some help me - it will be very helpful.


Thanks
Amruta

[NinjaTrader_PaulH]

Hello amruta,

Thanks for your post.

I am not familiar with that particular indicator, is it a download from our forum (I did not find one)?

In general, with most indicators, you can change the input series from the default "Close" to any other price type, within the indicator panel itself. The formula (H+L+C) / 3 is the same as the "Typical" price type. In the indicator panel, select the indicator on the left side, in the indicators parameters on the right side, left click in the current input series, this will show an ellispse button (...) that you can then left click on, it will show the "Input series" window where you can select the input type Typical.

It is possible also that the indicator is hardcoded to only a particular series and in that case, you would need to directly edit and change the code itself and recompile.

[amruta]

Hi Paul,

Can you let me know which Ninjatrader indiator has (H+L+C)/3 or typical value part of actual indicator coding?

It will be very helpful.


Thanks
Amruta

[NinjaTrader_PaulH]

Hello amruta,

Thanks for your reply.

I'm not aware of a specific indicator that uses the price type of Typical. Here is a link to the helpguide section on Typical: https://ninjatrader.com/support/help...7/?typical.htm