View Full Version : Max Min on Market Analyzer
nasdaq5048
05-07-2008, 11:33 AM
I am trying to get the monthly high and low for the market analyzer. I try to use the indicator max with 1 period on monthly data. It seems that it only returns the close of the month instead of the high of the month. What can i do to get the highest high for the month in market analyzer? Also, what can i do to get market analyzer to plot the monthly high of last month (Is there a displace option on the max indicator?)?
Thanks in advance for the help.
NinjaTrader_Jason
05-07-2008, 11:50 AM
Hi nasdaq5048,
Can you please try the following:
Set the "Period" in the MAX parameters section to reflect all price bars of the last month by setting set the interval to daily and use a value of 30/31 for "Period".
nasdaq5048
05-07-2008, 12:03 PM
Thanks for the suggestion, but this is not what i want. If i set the max 30 on the daily, that means the high for the last month keeps getting rolled forward. For example, if the high was made on April 1st (30.00) and april 2nd (29.00) and then sells off into april 30th, using a max on 30 days would mean it would show the high to be 29.00 on May 2nd. And as we move forward in may, the monthly high would get smaller and smaller. But this is not the case. The monthly high in april is still 30.00.
So there is no way of using a monthly data series?
NinjaTrader_Jason
05-07-2008, 12:17 PM
I see. Can you please tell me what data feed provider you are connected to, so I can test this on my end.
nasdaq5048
05-07-2008, 12:31 PM
I am using yahoo.
NinjaTrader_Jason
05-07-2008, 12:49 PM
Unfortunately, it is not possible to retrieve the high of a certain month using this indicator. However, you can create custom indicators using NinjaScript. More information can be found in the link below.
http://www.ninjatrader-support.com/HelpGuideV6/Overview18.html
In addition, you can use the Wizard to create custom Indicators. Please go to Tools-->New NinjaScript-->Indicator.