STEP MA indicator Ninjatrader 8

[Birdseye]

Hi

Does anyone know what the calculation/theory is behind the Step MA........its the foundation for the Bluewavetrading autotrader and Ninza want a kings ransom for what must be a pretty simple thing to code into an indicator.

I'm surprised that NinjaTrader haven't added it as a basic FREE indicator that comes standard with NT8???

If anyone has developed one for FREE I'm all ears

Thanks

[NinjaTrader_Jesse]

Hello Birdseye,

I personally don't have any details about the step MA or bluewaves items but I can put in a feature request here. If any other users have any suggestions on this topic I am sure they will also post.

As a side note I see that you posted a duplicate in the general development forums, I went ahead and removed that post as it seems the question is more relevant in this sub forum.

Please let me know if I may be of additional assistance.

[hedgeplay]

Hi Birdseye,

As a funded member of futures.io I have access to a I think two examples of open code step MA indicators.

"Does anyone know what the calculation/theory is behind the Step MA....'

A while back I quickly took at look at the indicators and code and concluded that for the examples I was able to review ...

1. Those who would have most interest in this indicators are those who use synthetic bars like Renko, UniRekno or Hekin Ashi Bars
2. Given that these bars sometimes can be significantly disconnected from actual price at that moment and inherently hide that distance from us.
3. I prefer alternative bars or representations of current market price and price action.so I quickly moved on.

There is no international standard as to what defines a "Step MA". So I am not 100% positive about what you are asking for.

So ...
1) I saw one"step MA" that was coded much like the RangeBarType ...

A simple do not go up or down until price has moved a certain number of ticks.

Something like.

private double currentStepMAPrice = 0.0;

OBU()
{

...

if Close[0] > ( (currentStepMAPrice + (6 * TickSize))

|| Close[0] < (currentStepMAPrice - (6 * TickSize)) )

{

Value[0] = Close[0];
currentStepMAPrice = Close[0];

}
else
{

Value[0] = currentStepMAPrice;

}

return;

}

2) If your goal is not to find a Moving Average to use for synthetic bars but instead to include moving averages developed against longer term term Data Series on shorter term charts (which plot in "steps" on the lower timeframe charts) I have seen posts NT staff here in in the forum on how to use existing NT8 functionality on how to create those chart indicators.



While not exactly answering your question I hoping you find something of value in the text above...

HedgePlay

[Birdseye]

Great..........many thanks for your input!