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I am looking for a skilled developer to create a custom indicator for NinjaTrader based on the Percentage Hughes Breadth-Momentum Oscillator formula. The formula is as follows: Percentage Hughes Breadth-Momentum Oscillator = (H
× 100 ) + 100 = ( A − D A +D + U × 100 ) + 100 Percentage Hughes Breadth-Momentum Oscillator=(H×100)+100=(
U ,×100)+100 where:
- H represents today’s 1-day ratio of net advances to total issues traded.
A represents the number of advancing issues.
D represents the number of declining issues.
U represents the number of unchanged issues.
A+D+U represents the total number of issues traded each day.- The indicator should calculate H and A − D A + D + U , multiply them by 100, add 100 to both results, and then combine them to get the final oscillator value.
- I do not need a trading bot or automated system, just the formula implemented as an indicator for NinjaTrader. Please let me know if you have any questions. Thank you!
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