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50% of the previous day
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50% of the previous day
As part of my strategy, I like to look at the previous daily high, low and 50% of that range. The free ninja indicator 'PriorDayOHLC' gives me the prev daily high and low, but not 50% of that range. I do not know how to code in thinkscript and was wondering if theres an easy custom script to add to the PriorDayOHLC code so that it plots 50% of the high and low.
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Hello jtf2021,
Thanks for your post.
NinjaTrader uses Ninjascript which is based on the C# programming language.
I am not aware of an existing indicator that provides the 50% level.
As you are not familiar with Ninjascript it would be difficult to create this. If you are interested in learning Ninjascript we can provide links to help get you started.
A non programming alternative you could use would be to add the existing indicator to your chart and then draw a Fibonacci retracement from the low to the high and then edit the drawing and turn off all the levels except the 50% line and have the line extend to the right. To make it easier you can create a Fibonacci retracement template so when you draw you can use the template which would only show the 50% line.
Reference: https://ninjatrader.com/support/help...bjectTemplates
If you would like something created for you, we can provide a link to 3rd party programmers in the Ninjatrader ecosystem that can provide that service.Paul H.NinjaTrader Customer Service
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