DMI_StochasticsExtreme Indicator Issue

[aligator]

Dear Support,

The following DMI_StochasticsExtreme posted by NinjaTrader_PatrickH in User Apps uses DMI indicator as input series for default Stochastics indicator. The results of which are not correct because the default Stochastics indicator historically has had issues with using another oscillator as input series, and I believe it defaults back to using HLC data for its calculations. Several other default indicators that use MAX and MIN data have the same issue. These have been identified and documented by Harry in the forum.

This has been an issue for a long time. However, a couple of new versions, StochasticsInput and StochasticsFastInput were developed, I believe by Paul, that enable one to use another oscillator as input for Stochastics indicator.

Perhaps, a new version of this indicator can simply use the available StochasticsFastInput (already in User Apps) instead of the default Stochastics indicator to fix the issue ( It is a one line edit).

https://ninjatraderecosystem.com/user-app-share-download/dmi-stochastic-extreme-2/

Cheers!

[NinjaTrader_Kate]

Hello aligator,

Thank you for your post.

You're correct about the Stochastics indicator having issues with using another indicator as its input. We took a look and noted that using StochasticsInput instead does indeed fix the issue with the DMIStochasticExtreme for NinjaTrader 8. I've made that update to the indicator and will update it on the User App Share as well.

Please let us know if we may be of further assistance to you.

[Harry]

The following inbuilt NinjaTrader indicators cannot use other indicators as input series: ADX, ADXR, ATR (Average True Range), CCI (Commodity Channel Index), DM (Directional Movement), DMI (Directional Movement Index), Double Stochastics (Double Smoothed Stochastics by Walter Bressert), Fast Stochastics, PSAR (Parabolic SAR), Stochastics.

We have created modified versions of those indicators that do accept an indicator as input series. The indicators are available in our library here: https://www.lizardindicators.com/ind...rd-indicators/