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Add a standard deviation to an indicator

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    Add a standard deviation to an indicator

    Hello

    I have this indicator and I would like to add 1 standard deviation (up and down) to it.

    I guess it is something like:

    0+StdDev()* 1
    0-StdDev()*1

    But I don't know what is the exact code I have to write. Can you help me please?

    Thanks

    I attach the indicator
    Attached Files

    #2
    Hello dvercher,
    Unfortunately we do not do custom NinjaScript coding however you can refer to the Bollinger indicator which is on similar lines.
    • In Control Center menu bar goto Tools>Edit NinjaScript>Indicators...
    • In the Indicators dialog select Bollinger and click Ok.
    JoydeepNinjaTrader Customer Service

    Comment


      #3
      Edit the Bollinger indicator. Save it under a new name. Then replace line 48, which currently reads

      Code:
      double smaValue = SMA(Period)[0];
      with

      Code:
      double smaValue = DonchianChannel(Period)[0];
      Then compile via F5. Not tested.

      Comment


        #4
        we have a free / open-source indicator on our site that adds additional bands to the standard bollinger indicator.

        here's the link:


        perhaps you can compare it with your code or tweak it to your liking.

        cheers,
        -e

        Comment

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