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Exponential Average True Range (ATR)

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    Exponential Average True Range (ATR)

    Hi there,
    Is there an easy way to modify the existing ATR script to apply more weight on recent bars similar to EMA (Exponential ATR).

    I am new to Ninjatrader, so I apologies if this has been discussed before, but couldn't find anything in the forums.

    In other platforms you can pick an ATR Type with options for Simple or Exponential just like MAs.

    Any help would be much appreciated!

    #2
    Hello Tradosophy,

    Thanks for your post.

    To create a copy of the script to modify you could open a New > NinjaScript Editor, open the Indicators folder, double-click on the ATR script, right-click in the Editor, select 'Save as', name the script, and click OK.

    Then you could modify the copy of the script to suit your overall goals.

    If you are looking for an existing indicator then you could search the NinjaTrader Ecosystem User App Share linked below for a possible solution.

    Ecosystem User App Share: https://ninjatraderecosystem.com/user-app-share/

    Here is a link to a True Range Adjusted Exponential Moving Average script from the Ecosystem User App Share which you might find helpful: https://ninjatraderecosystem.com/use...y-2023-sc-nt8/


    The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.
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