Average meaning calculation programm

Discussion in 'Technical Analysis' started by ocean5, Jun 8, 2012.

  1. ocean5

    ocean5

    Greetings!

    Could anyone suggest a simple programm or script code for the average meaning calculation.Say if i buy at 1305 and then add at 1302,so i need the average of these two meanings.So if i add on a several levels,i need the meaning before i start scaling in.So is there any sort of programm(besides a calculator) to calculate it quickly?

    Any help appreciated.Maybe someone already has it for NT?
     
  2. baro-san

    baro-san

  3. ocean5

    ocean5

  4. Assuming that by "NT" you mean NinjaTrader, then Average Price is already there.

    Go to "Positions Tab".
    One of the data grid columns is "Avg Price".

    NT online manual is here
    http://www.ninjatrader.com/support/helpGuides/nt7/index.html
     
  5. ocean5

    ocean5

    Hi Abattia,

    Yes,"NT" means ninja,and i know that the tab shows an average price.But like I said,I want it to be calculated before I place trades.So I have to do it manually with the calculator so far.Baro provided great example,but it may still take time.(web-based-Internet connection,etc..)