how do i go about creating this indicator?

[kaywai]

i would like the indicator to generate a symbol each time a bar closes below the close of 4 bars ago and a different symbol each time a bar closes above the close of 4 bars ago. and if there are 9 bars which consecutively close below the close of 4 bars ago or if there are 9 bars which consecutively close above the close of 4 bars ago, to draw a line on the chart representing the true high of those 9 bars and the true low of those 9 bars respectively?

TIA!

[NinjaTrader_Bertrand]

kaywai, a good start are our indicator coding tutorials - http://www.ninjatrader-support.com/H...verview18.html

For the consecutive closes condition, you could work with CountIf() - http://www.ninjatrader-support.com/H...6/CountIf.html

[kaywai]

Just to start off, would it be possible if you showed me how I can compare the current bar's close vs the close of 4 bars ago? for example, would it be close[0] > close[-4]?

[velocity]

if (Close[0] > Close[4])
{
DrawArrowUp("MyArrowUp"+CurrentBar, 0, Low[0]- (TickSize) , Color.Blue);
}

if (Close[0] < Close[4])
{
DrawArrowDown("MyArrowDown"+CurrentBar, 0, High[0]+ (TickSize) , Color.Red);
}

here is some drawline code:

DrawLine("Line1"+ CurrentBar,false, 2, Low[1]+ (TickSize*2), 0, Low[1]+ TickSize *2, Color.Red, DashStyle.Solid, 4)

[kaywai]

Thanks. I will try it out when I get home!