Introduction to Indicators in Quagensia N Edition (For NinjaTrader®)
FAQ: Yes, NinjaTrader’s OrderFlow+ Cumulative Delta and OrderFlow+ VWAP are supported!
Indicator time series are called “indicators” in the NinjaTrader® user interface.
Quagensia® N Edition allows you to plot NinjaTrader® indicators on the chart to which your strategy is attached, and allows your strategy’s logic to access the numeric values of the plot or plots of NinjaTrader® indicators for both the current bar and previous bars.
Most NinjaTrader® indicators have only one plot, but some indicators such as bands, channels, envelopes, and oscillators can have more than one plot.
Plotting NinjaTrader® Indicators on Secondary Price Bars
If a third-party NinjaTrader® indicator or custom NinjaTrader® indicator works correctly in the NinjaTrader® Strategy Builder (which is built into NinjaTrader®) and in strategies built with the NinjaTrader® Strategy Builder, then you will most likely be able to import it into Quagensia N Edition and use it without code.
If a third-party NinjaTrader® indicator or custom NinjaTrader® indicator works correctly in the NinjaTrader® Strategy Builder (which is built into NinjaTrader®) and in strategies built with the NinjaTrader® Strategy Builder, then you will most likely be able to get it into Quagensia N Edition and use it without code. Specifically, if you can plot your NinjaTrader® indicator and use its values to make buy and sell decisions from a NinjaTrader® strategy you created in the NinjaTrader® Strategy Builder (which is built into NinjaTrader®) then you should be able to do the same thing without code in Quagensia N Edition (and much more) once you get your NinjaTrader® indicator into Quagensia N Edition.
To be able to use a custom NinjaTrader® indicator inside of Quagensia N Edition, it must pass the following three tests:
- You can see the indicator in the NinjaTrader® Strategy Builder, you can choose to plot it in a strategy, and can use its values to make buy & sell decisions in the strategy whose code it generated.
- The NinjaTrader® strategy that the NinjaTrader® Strategy Builder generates actually compiles. Note that just because the NinjaTrader® Strategy Builder lets you use an indicator to build a strategy doesn’t mean that the NinjaTrader® strategy it generates will compile.
- When you run a backtest of the NinjaTrader® strategy that the NinjaTrader® Strategy Builder generates, no runtime errors occur, you can see the indicator on the chart, and using the values of the indicator’s single-plot or multi-plot outputs to make buy & sell decisions actually works.
If your indicator passes the three tests above, then you will most likely be able to get your NinjaTrader® indicator into Quagensia N Edition.
You can quickly import your third-party NinjaTrader® indicators, custom NinjaTrader® indicators, and enhanced versions of the NinjaTrader® indicators built into Quagensia® N Edition, as long as they are currently supported by Quagensia N Edition, by following the quick and easy steps in the tutorial video below:
For more information about automatically importing indicators from NinjaTrader® into Quagensia N Edition, see this help page: How to Import (or Re-Import) Your Third-Party NinjaTrader® Indicators Into Quagensia N Edition By Applying a No-Code Strategy to a Chart in NinjaTrader®.