B line

[Jaap8242]

Hello,
In Tradestation I use an indicator, the B-line, which is a kind of LT stochastic indicator. Originally developed by Judy McKeigan ( Buffy) at dacharts.com.
I'm not familiar with the Ninja program code. Therefore I have copied the TS code of the B-line.


Input: Price(Close), Length1(35), Length2(10), Length3(1), OverBought(80), OverSold(20),
MidColor(White),OBOSColor(Red);
Variables: KFast(0), KFull(0), DFull(0), LL(O), HH(0);
LL = Lowest((High+Low)/2, Length1);
HH = Highest((High+Low)/2, Length1);
KFast = 100 * IFF(HH-LL=0,0,(((High+Low)/2) - LL)/(HH- LL));
KFull = Average(KFast, Length2);
DFull = Average(KFull, Length3);
If KFull <= 80 and KFull >= 20 then
Plot1(KFull,"Stoc",MidColor,Default,2) else
Plot1(KFull,"Stoc",OBOSColor,Default,2);
Plot3(OverBought, "OverBought");
Plot4(OverSold, "OverSold");

I hope that someone can translate this into Ninja code.

Jaap

[NinjaTrader_Ray]

Hi Jaap,

We have some new staff members that are ramping in supporting NinjaScript. I will assign this request as a training task for one of them. Give us a week or so to get this done.

[twtrader]

What is DFull used for? Is it also plotted ?

I put your code in an indicator, but it does not seem complete.

TW

Originally Posted by Jaap8242

Hello,
In Tradestation I use an indicator, the B-line, which is a kind of LT stochastic indicator. Originally developed by Judy McKeigan ( Buffy) at dacharts.com.
I'm not familiar with the Ninja program code. Therefore I have copied the TS code of the B-line.


Input: Price(Close), Length1(35), Length2(10), Length3(1), OverBought(80), OverSold(20),
MidColor(White),OBOSColor(Red);
Variables: KFast(0), KFull(0), DFull(0), LL(O), HH(0);
LL = Lowest((High+Low)/2, Length1);
HH = Highest((High+Low)/2, Length1);
KFast = 100 * IFF(HH-LL=0,0,(((High+Low)/2) - LL)/(HH- LL));
KFull = Average(KFast, Length2);
DFull = Average(KFull, Length3);
If KFull <= 80 and KFull >= 20 then
Plot1(KFull,"Stoc",MidColor,Default,2) else
Plot1(KFull,"Stoc",OBOSColor,Default,2);
Plot3(OverBought, "OverBought");
Plot4(OverSold, "OverSold");

I hope that someone can translate this into Ninja code.

Jaap

[NinjaTrader_Ben]

Hello Jaap,


Thank you for your EasyLanguage to NinjaScript translation request.

Your translated indicator is attached.

Import instructions:

1. Download the file contained in this thread to your PC desktop
2. From the Control Center window, select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file

twtrader,

No, DFull is not plotted or used within the calculation, but I did translate it. DFull is probably a leftover from a variation of the indicator calculation. It can be eliminated from the code.

[Jaap8242]

Hello Ben, Thank you very much for your quick and nice translation of the TS code.
The Bline works great in Ninja Trader.

Jaap

[Elliott Wave]

Originally Posted by NinjaTrader_Ray

Hi Jaap,

We have some new staff members that are ramping in supporting NinjaScript. I will assign this request as a training task for one of them. Give us a week or so to get this done.

WOW, I'm really happy to hear this!

[jake28787]

is it possible to modify this indicator to plot a one color when oversold and another color when overbought

[Jaap8242]

I don't know. You should ask Ninja Trader Ben who has written this code.
But you could differentiate the overbought line from the oversold line by giving them different colors.

Jaap

[NinjaTrader_Ben]

Hello,

Over bought and over sold can be defined different ways so I put in 4 different colors splitting on 80, 50, and 20 to cover two different schools of thought.

[jake28787]

thanks Ben...the attached BLine indicator appears to be the same as the the original you had done..does the earlier one have to be removed before importing this one..
I am looking for a color change when over 80 and a different color when under 20 .the midline will be one color....
over 80... cyan
under20...red
21-79 ...yellow

[NinjaTrader_Ben]

Hello,

I changed the attachment in my most recent post below. It is the BLine_MultiColor I intended to attach. It has more color changes and different colors than you requested but I suspect it will be sufficient.

[jake28787]

hi ben..the multi works great thanks again

[Newshues]

Buffy's entire template is available for Ninja. the indicators are attached, the chart template is sitting in dacharts where Buffy hangs out.

[Jaap8242]

Hi Newshues, your indicators look very nice. Great thanks to you and Ben.
There is only one drawback. The setup absorbs a great deal of computer power.
My normal setup with Ninja is 2 charts( CCI). That works great, but this morning I tried to install a third chart with Bline indicators. Ninja crashed and the third chart was not possible.

Jaap

[NinjaTrader_Josh]

Jaap,

Please try loading less data per chart. Also, please see these other performance tips: http://www.ninjatrader-support.com/H...anceTips1.html