Stop and Target indicator for Rockwell trading need to modify code

[Jason11]

Here is an indicator that displays stops and targets based on 10% of the 7 day Average Daily Range for the stop and 15% of ADR for Target. For some reason it is not calculating the daily range correctly. I think the code is excluding Saturday and Sunday, this is incorrect. It should include the Sunday session for the emini indexes.

If anyone wants to take a look at it and modify the code so that it calculates the ADR correctly, that would be great.

The way Rockwell is calculating the ADR is the entire range for day+overnight session.

For example, today's Daily Range would be high-low from 3:30PM CST yesterday through 3:15 PM CST today.

The attached indicator AvgofDailyRange calculates the ADR correctly. I cant figure out how to make the StopTargetInfo indicator calculate ADR this way.

[NinjaTrader_RyanM1]

Hello Jason11,

Unfortunately we can't make the modifications for you, but you're pretty close.

In the file info.cs you can modify the delcaration of ADR and instead use the other indicator.

ADR = AvgofDailyRange(1,1)[0];

I just used 1 , 1, as inputs. You'll want to use values that make sense for the indicator.

[lory.suba]

Adr

Hey, I would like to use the ADR indicator and import it into ninja trader, but i can't. I found on your forum some .zip file with the ADR but it doesn't work. Can you help me please?

Here is an indicator that displays stops and targets based on 10% of the 7 day Average Daily Range for the stop and 15% of ADR for Target. For some reason it is not calculating the daily range correctly. I think the code is excluding Saturday and Sunday, this is incorrect. It should include the Sunday session for the emini indexes.

If anyone wants to take a look at it and modify the code so that it calculates the ADR correctly, that would be great.

The way Rockwell is calculating the ADR is the entire range for day+overnight session.

For example, today's Daily Range would be high-low from 3:30PM CST yesterday through 3:15 PM CST today.

The attached indicator AvgofDailyRange calculates the ADR correctly. I cant figure out how to make the StopTargetInfo indicator calculate ADR this way.

[NinjaTrader_RyanM1]

Hello lory.suba,

Welcome to the NinjaTrader forums!

To import:

1. From the Control Center window select the menu File > Utilities > Import NinjaScript to open the Import NinjaScript dialog window
2. Select the file you want to import
3. Press the "Open" button

[lory.suba]

Thank you for your quick answer. I know how to import the file, but i didn't have what to import, because I didn't have the zip file with the ADR indicator. But I found some files on the forum and now it's okay.

Hello lory.suba,

Welcome to the NinjaTrader forums!

To import:

1. From the Control Center window select the menu File > Utilities > Import NinjaScript to open the Import NinjaScript dialog window
2. Select the file you want to import
3. Press the "Open" button

[lory.suba]

Can Ninja trader help us with this?

Hello. Can someone help us with this? I would like to have on my chart the stop loss and the profit target, 10% and 15% of the ADR. Can you help us with this?

Here is an indicator that displays stops and targets based on 10% of the 7 day Average Daily Range for the stop and 15% of ADR for Target. For some reason it is not calculating the daily range correctly. I think the code is excluding Saturday and Sunday, this is incorrect. It should include the Sunday session for the emini indexes.

If anyone wants to take a look at it and modify the code so that it calculates the ADR correctly, that would be great.

The way Rockwell is calculating the ADR is the entire range for day+overnight session.

For example, today's Daily Range would be high-low from 3:30PM CST yesterday through 3:15 PM CST today.

The attached indicator AvgofDailyRange calculates the ADR correctly. I cant figure out how to make the StopTargetInfo indicator calculate ADR this way.

[NinjaTrader_Bertrand]

Lory, as Ryan mentioned we unfortunately could not develop this code for you, however you're pretty close it seems as you would just need to add means to visualize the levels, right?

You could for example draw trendlines / horizontal lines at the levels indicated by the calcs.