Moving Average calculated on candle mean

[Joaqvil]

Hi there, Is there an existing indicator, or a variable that can be modified to make a SMA that instead of calculating the mean using the close, calculates the mean using the mean of each candle involved? (when I said the mean of each candle I refer to the average between the hight and the low of each candle)

Thanks!

[NinjaTrader_Emily]

Hello Joaqvil,

Thank you for your post.

You could always change the input series for the SMA to something other than the close price; the different price types for the data series on the chart include Close, High, Low, Median, Open, Typical, and Weighted. I am not sure if one of these options is calculated in the same way that you have in mind for the "average" of a candle. For example, typical price is equal to (High + Low + Close) / 3. For more information about changing an indicator's input series, please see the "Indicator Input Series" section at the following link:

https://ninjatrader.com/support/helpGuides/nt8/index.html?working_with_indicators.htm#HowToEditAnIndicatorsParameters

If you are working with the SMA programmatically, you would just need to refer to the desired input series within your syntax:

https://ninjatrader.com/support/helpGuides/nt8/moving_average_-_simple_sma.htm

https://ninjatrader.com/support/helpGuides/nt8/priceseries.htm

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