Ninja Price Action script

[simpletrades]

This isnt mine, but I have attached a part of it from a script called Ninja Price Action.
What does the ATR value do here? I know the Swing is how many bars left and right get compared.
The script writes HH, LL, HL, LH on the chart (I have eliminated LH and HL)
and I use a variable called dist so I can input different values for the ATR but havent figured out what changes.

[NinjaTrader_Bertrand]

From my understanding this is just a dynamic offset for the labels used based on the Average True Range (ATR) - http://www.ninjatrader.com/support/h..._range_atr.htm

[simpletrades]

i dont know what dynamic offset means.
also, this program devours memory. if i eliminate ATR will it seriously affect things?
I just use it as a rough clue to look for divergences against an indicator in panel 2.

[NinjaTrader_Bertrand]

I would not be too familiar with the script, but I believe you remove the ATR offset and just add a tick or 2 for the spacing of the labels. Dynamic meant here it's using the average range of the bars to determine how high a label is placed above the candle for example.

[kinshin9]

for those who are using but experencing extreme slowness , just make dtbStrength to 0.

[Nyman]

Has anyone found success using this indicator and if so, can you please share how to implement this indicator in a strategy?

[NinjaTrader_ChelseaB]

Hello Nyman,

The code from post #1 appears to be NinjaScript C#. The logic within OnBarUpdate could likely be copied and pasted into a new script.
The barsBack, curhigh, tooffest, and prevlow variables would need to be declared (as ints or doubles depending on the value they need to hold).

Below I am providing a link to a forum post with helpful resources about getting started with NinjaScript and C#.

https://ninjatrader.com/support/forum/forum/ninjatrader-7/indicator-development-aa/94724-help?p=775232#post775232

Please note, NinjaTrader 7 is no longer in active development and we are no longer considering new feature requests or changes for NinjaTrader 7. Main development has shifted to our flagship platform NinjaTrader 8. This does mean updates from brokerages, data feeds, or operating systems that require an update in NinjaTrader will not be implemented in NinjaTrader 7 and may cause an interruption in service.

While there is not a set ETA for the complete discontinuation of NinjaTrader 7, we highly recommend transitioning to NinjaTrader 8 as soon as possible before NinjaTrader 7 reaches its end of life to prevent interruption of service.

Click below to download NinjaTrader 8.

http://ninjatrader.com/GetStarted

I am providing the link with resources for getting started with coding on NT8 below.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts?p=786040#post786040