Found the bellowing code for ThinkorSwim (ToS) on the internet. It was meant to imitate TTM-trend many years ago before ToS offered authentic TTM-trend indicator. But it is way off and gives different color bars than the real TTM-trend indicator. Nevertheless, the code is relatively simple and I am interested to learn some basic Ninja coding skills. Can someone help me get this coding into Ninja? Much thanks.
Here is the code:
# TTM_Trend
# KumoBob
# 06 Dec 2009
# Green indicates that the average close of the prior 6 bars is in the top 50% of the true range.
# Begin
input length = 6;
def average_true_range = Average(TrueRange(high, close, low), length = length);
def Ave = Average(close, length);
def AVE_True_Range = close - (average_true_range / 2);
AssignPriceColor(if Ave < AVE_True_Range then color.green else color.red);
# End
Here is the code:
# TTM_Trend
# KumoBob
# 06 Dec 2009
# Green indicates that the average close of the prior 6 bars is in the top 50% of the true range.
# Begin
input length = 6;
def average_true_range = Average(TrueRange(high, close, low), length = length);
def Ave = Average(close, length);
def AVE_True_Range = close - (average_true_range / 2);
AssignPriceColor(if Ave < AVE_True_Range then color.green else color.red);
# End
Comment