Hello all
Being a complete dufus when it comes to coding I was wondering if some kind soul could have a look at creating this interesting indicator in Ninja Trader.
It's called the Williams Vix fix and was created by larry williams to mimic the VIX volatility index on other markets. You dont have a VIX for the forex market, but this vix fix could help create a suitable likeness.
The formula is WVF = (Highest (Close,22)
- Low)/(Highest(Close,22))*100
Many thanks for any help you might be able to provide
please search in in the indicators section, i downloaded it from this forum
Excellent thanks
Apologies for not checking first. What a great forum
I am looking forward to have these indicators in ninjatrader
WillVal() = Stochastic Custom (WillSpread (Expression , Short Term Avg , Long Term Avg , Show Initial Bars) , Lookback Bars)
WillSpread() = MovingAvgX (100 * Close / Expression , Short Term Avg , Show Initial Bars) - MovingAvgX (100 * Close / Expression , Long Term Avg , Show Initial Bars)
Its compares one future with another one for example dollar index with gold: