Announcement

Collapse

Looking for a User App or Add-On built by the NinjaTrader community?

Visit NinjaTrader EcoSystem and our free User App Share!

Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less

Partner 728x90

Collapse

Strategy to track crossover of 2 differently scaled indicators

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Strategy to track crossover of 2 differently scaled indicators

    Hello,
    How would one code a strategy to track indicator crossovers where each indicator is unrelated such that they plot on different scales, asides from using a chart strategy?
    For instance, a stochastics scale goes from 0 to 100 and the MACD goes from -0.01 to to 0.01. How would one track the crossover of one with another in a strategy without using a chart strategy?
    Thanks!

    #2
    Convert them to the same scale. For instance, you could normalize MACD by using min/max to a range of 0 to 100 like stochastics. Or, you could transform them both in the same way e.g. z-score them and compare those.
    Bruce DeVault
    QuantKey Trading Vendor Services
    NinjaTrader Ecosystem Vendor - QuantKey

    Comment


      #3
      Makes sense....Thank you!

      Comment


        #4
        Hello aaadetos,

        Thanks for your post.

        QuantKey_Bruce is correct. You could try using a minimum and maximum range from 0 to 100 similar to the Stochastics indicator.

        The Stochastics indicator could be viewed by opening a New > NinjaScript Editor window, opening the Indicators folder, and double-clicking the 'Stochastics' file to see its' code.

        Please let us know if we may assist further.
        Brandon H.NinjaTrader Customer Service

        Comment

        Latest Posts

        Collapse

        Topics Statistics Last Post
        Started by GussJ, 03-04-2020, 03:11 PM
        11 responses
        3,227 views
        0 likes
        Last Post xiinteractive  
        Started by andrewtrades, Today, 04:57 PM
        1 response
        13 views
        0 likes
        Last Post NinjaTrader_Manfred  
        Started by chbruno, Today, 04:10 PM
        0 responses
        7 views
        0 likes
        Last Post chbruno
        by chbruno
         
        Started by josh18955, 03-25-2023, 11:16 AM
        6 responses
        440 views
        0 likes
        Last Post Delerium  
        Started by FAQtrader, Today, 03:35 PM
        0 responses
        12 views
        0 likes
        Last Post FAQtrader  
        Working...
        X