Change in Indicator

[Custos]

Hi,

I was wondering if anybody knows how I can create a condition, that shows the change in an indicator. Because I want to create for example the condition, that when RSI is reversing and going up by 20, then the system should buy. However, not only I want that condition not only to apply for a one bar change, but as well for more bars. For example: sometimes it could take the RSI 4 bars to go up by 20 points. How could I formulate that into a condition?

So overall, I don't want the indicator itself, I want the change in the indicator. Hope somebody can help me on that problem.

Best Regards

[NinjaTrader_JoshP]

Custos,

You can do this through the Condition Builder. Please check out the instructions here: http://www.ninjatrader-support.com/H...gyViaTheWizard

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?ConditionBuilder-IndicatorOnIndicatorToValueComparison

There are several other articles in the Help Guide. Please review them all for a better understanding of how to use the Condition Builder.

[Custos]

First of all, thanks for your response.

I read all the articles concerning the strategy wizard and the condition builder, however, I didn't find what I was looking for. Maybe I should make myself a little clearer what I want.
Condition I want to create:
Change(RSI) > +20.

Two examples: Let's say the RSI reached a valley five bars ago at -100 and it takes the RSI 4 bars to reach -80 (change of +20)

Second example: Let's say the RSI reached a valley 10 bars ago at -90 and this time it takes the RSI 9 bars to reach -70 (change of +20)

Because of the different amount of bars it takes to meet this "change" condition, I don't know how to build that with the conditioner.
I would like to know if it's possible to use the condition builder somehow to create an indicator, which just displays the CHANGE OF THE RSI, not the RSI itself, so I would overcome this problem.

Thanks again for your help, and if it has an obvious solution, then I am sorry I bothered you but would be really grateful if you could give me a hint.

Best Regards

[NinjaTrader_JoshP]

Unfortunately you cannot create loops in the Strategy Wizard. You will need to program it by hand. If you are not a programmer you may want to try contacting one of the 3rd party NinjaScript Consultants here: http://www.ninjatrader.com/webnew/pa...injaScript.htm