Candle body size indicator or alert

[nimo007]

Hi
is there a alert of indicator to mark candle whose body size is twice than difference between high to low, so mainly looking to implement this formula for a red candle =>and (o<c,(c-o)>=(h-l)/2).
thanks

[NinjaTrader_ChelseaB]

Hello nimo007,

Welcome to the NinjaTrader forums!

What are you referring to as the body size? Do you mean the Open minus the Close (or Close minus the Open)?

By "twice the different between the high to low" are you meaning the High minus the Low[0] then multiplied by 2?

(This would never be true for any bar. The absolute value of the Open minus the Close will always be less than or equal to the High minus the Low. Multiplying the difference of the High and the Low by 2 wouldn't matter, as this be an even larger number than the Open minus the Close)

Even though this would never evaluate as true, I can provide the code of how this logic would appear in NinjaScript:

if (Open[0] < Close[0] && Math.Abs(Open[0] - Close[0]) >= ((High[0] - Low[0]) * 2))

Did you mean half or less of the distance between the high and low?

if (Open[0] < Close[0] && Math.Abs(Open[0] - Close[0]) >= ((High[0] - Low[0]) / 2))

Below is a link to a forum post with helpful resources on getting started with NinjaScript and C# if you would like to create this indicator yourself.
https://ninjatrader.com/support/foru...pts#post786040

I am not aware of any existing indicator with this specific logic, but this thread will remain open for any community members that may know of an existing one.