 Posted 5/31/2009 19:08:59
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| Hello, I am converting a project over from Ninja Trader to RightEdge, and can't find an indicator that returns the number of bars whose close prices are consecutively higher or lower. For instance, if the last 4 bars all closed higher than the previous bar, the value "4" should be returned. Does RightEdge have an equivalent to the "NBarsUp" or "NBarsDown" Ninja Trader indicator? Thanks, ChiTrader2000
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Posted 5/31/2009 22:19:50
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We have a "Consecutive" indicator which is similar. It will be negative to indicate consecutive down days. Here is the description:
This is a utility that will track the consecutive movement of the input series. If the value of the series goes up on four consecutive bars the return will be "4". If the series goes down on three consecutive bars the return will be "-3". When there is no movement the return is "0".
Thanks,
Daniel
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Posted 6/8/2009 10:41:21
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| Daniel, This is just what I need. Thanks! ChiTrader2000
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