Indicator that measure distance between current price and a proprietary indicator

[TRADER_F]

Heloo,

Indicator that measure distance (ticks) between current price and a proprietary indicator that I owe.

Is there any indicator that measure distance (ticks between current price and a proprietary indicator (it's plotted on charts)?

I need be able to setup an alarm (sound).
I need be able to setup distance (number of ticks) depending on timeframe.

Regards!

[NinjaTrader_ChrisL]

Hi, thanks for posting. This would require a custom indicator and you would initialize an object of the proprietary indicator in your script (assuming the developer has made public plots or series for the indicator). There is an example on how to initialize an indicator in a script on this page under "Referencing indicator methods"

https://ninjatrader.com/support/helpGuides/nt8/?ninjascript_best_practices.htm#Performance

Kind regards.