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Displacement in indicator

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    Displacement in indicator

    Hello. If I set displacement in indicator parameter to 30 - this mean it shows me value of indicator 30 days ago, but will plot in the chart to present? If I set "-30" - it calculates the same value for 30 days ago and will be plotted to 30th day before present?

    #2
    Hello alexstox,
    Yes, correct. If you set displacement to 30 then the value of the indicator at 30 bars ago will be the current value.

    If you set it as -30 then the current value will be plotted at bar 30 and there will be no values from bar 29 to the current bar.
    JoydeepNinjaTrader Customer Service

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      #3
      eureka!

      I see. It simply moves indicator "as is" on 30 periods to the left if set "-30" and 30 p to right if "30"

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        #4
        Hello alexstox,
        Yes, right. The Displacement property only displaced the plot values.
        JoydeepNinjaTrader Customer Service

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