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Bar Percent Indicator Request: Between Close and Low


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Bar Percent Indicator Request: Between Close and Low

  #1 (permalink)
 RosDaBoss 
USA
 
Experience: Intermediate
Platform: NinjaTrader, Tradestation, Win98
Trading: 6E, ES, TF
Posts: 33 since Feb 2011
Thanks Given: 44
Thanks Received: 27

Is anybody available to code this for me?

Platform: NT 7
Would be two separate indicators (instances):
Desirable percent input: .005 (Half of 1%)
Selectable (If possible): Use Close or Average for calculating within percent. If not possible just use bar close.
Signal would generate on bar close. I guess I could also displace forward when i feed into bloodhound.

Signal Condition:
1.) Bar Close > Bar Open
2.) Bar Close (58.76) and Bar Low (58.67) are within desirable percent input (.005) of each other
*Debating to use Bar Close or Average of Bar Close and Bar Low for calculating above
Bar Close Formula: (Bar Close – Bar Low)/Bar Close=X
Bar Average Formula: (Bar Close – Bar Low)/((Bar Close + Bar Low)/2)=X
3.) Would have to output true/false on close of bar

Signal Condition (Separate Indicator):
1.) Bar Close < Bar Open
2.) Bar High (58.76) and Bar Close (58.67) are within desirable percent input (.005) of each other
*Debating to use Bar Close or Average of Bar Close and Bar High for calculating above
Bar Close Formula: (Bar High – Bar Close)/Bar Close=X
Bar Average Formula: (Bar High – Bar Close)/((Bar Close + Bar High)/2)=X
3.) Would have to output true/false on close of bar

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  #3 (permalink)
 
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 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
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RosDaBoss View Post
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this will get you start, it looks for High - Low >= 2*body

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