Average tick size

[Mathias79]

Hello

Is there a way to calculate the average tick size of the last N bars?
Also, is there a tool or a way to calculate how many ticks from one point in the graph to another?

[NinjaTrader_Gaby]

Hello Mathias79,

Thank you for your post.

Yes, this would be possible. You can use Calculate.OnEachTick and increment a variable until you see IsFirstTickOfBar, when you can reset that variable back to 0. Before you set it back to 0 in IsFirstTickOfBar, the variable will have the number of ticks in the last bar. You could save these values to a series.

Series<t> - https://ninjatrader.com/support/help...8/?seriest.htm

Note that you would want to assign the count to YourSeries[1] on IsFirstTickOfBar to assign the tick count to the bar that had just closed.

You could then loop through the last n bars in the series to calculate the average.

is there a tool or a way to calculate how many ticks from one point in the graph to another?

This can be done using the Ruler drawing tool with the steps below.

• Go to your Drawing Tool drop down menu Ruler which will change your cursor to a pen.
• Place the pen on your chart where you would like the measurement to begin (point A)->left mouse click
• Move the pen to where you would like the measurement to end (point B)->left mouse click again.
• Move the pen to where you would like the information box placed in the chart window

Within the box the Y-axis value will display the number of ticks between point A & B. Make sure the 'Y display unit' in the drawing tool's properties is set to 'Ticks.

Please let us know if you have any further questions.

[Mathias79]

Thank you for your response, I didn't understand anything of the first part of your answer.

[NinjaTrader_Gaby]

Hello Mathias79,

Can you be more specific about which part in particular is not clear? I am happy to provide more detail.