apz indicator

[bskogz12]

trying to create a apz indicator like what you have, do you have the math in more simple terms on how to create the bands for the apz. ive looked in the edit indicator but this doesnt help much...any help would be much appreciated.

[NinjaTrader_RyanM1]

Hi bskogz12,

It uses EMA of Range(High - Low) to provide the two bands. EMA source code is also available through Tools > Edit NinjaScript menu and wikipedia reference is here:

http://en.wikipedia.org/wiki/Moving_average#Exponential_moving_average

[bskogz12]

i guess i dont understand the deviation, i got the band, i just mulitply the band by .2 and subtract that or??

[NinjaTrader_RyanM1]

The offset is calculated here:
double rangeOffset = BandPct * EMA(Range(), Period)[0];