What to add for a multiple of ATR in BarArray and double checking what to compare.

[birdog]

Hi folks:

What would I add to this to make it a multiple (i.e. 2 times the atr) of ATR with a BarArray on daily?

		protected override void Initialize()
                      Add(PeriodType.Day, 1); 

                protected override void OnBarUpdate()
                      if (Close[0] > ATR (BarsArray[1], 14)

Also, should I use "Close" or something else to compare the ATR with to make it work correctly? I basically would like the current day's range with the BarArray's ATR from daily bars. I have a feeling I should use something other that "Close".



Greg

[NinjaTrader_PatrickH]

Hello Greg,

Thank you for your post.

I do not fully understand your inquiry. Are you trying to check the ATR's High and Low for the day? Where are you comparing the 2 times ATR value of the day? What value do you want to compare it against?

I look forward to your response.

[birdog]

Patrick...

Hi...

Yea...current days range at each bar close of the primary data series with the average true rage of the last 14 days per the barsarray series...

is that better?

I am mobile fyi...smile...

Greg

[NinjaTrader_PatrickH]

Hello Greg,

Thank you for your response.

So compare the ATR against the High and Low of the day at close?

[birdog]

Compare the current day's range against the ATR (from bararray).

[NinjaTrader_PaulH]

Hi birdog,

To get the current range of the day:

double daysRange = CurrentDayOHL().CurrentHigh[0] - CurrentDayOHL().CurrentLow[0];

then:

if (daysRange > ATR (BarsArray[1], 14)[0])
{
// do something
}

[birdog]

How would it be written to do:

If the current days range is greater that 1.5 times the ATR's BarsArray from the last 14 days?

Also, I could not get the "double" value to compile (what section does that go)?

[NinjaTrader_PaulH]

Hi Greg,

Thanks for your question.

I have changed the code below so that the days range must exceed the 14 day ATR * 1.5.

The code compiles as is without errors and can be placed below OnBarUpdate()

[COLOR="RoyalBlue"]double[/COLOR] daysrange = CurrentDayOHL().CurrentHigh[0] - CurrentDayOHL().CurrentLow[0];

if (daysrange > (ATR (BarsArray[1], 14)[0])*1.5)
{
[COLOR="SeaGreen"]// Do something here[/COLOR]
}

Please let me know if I can be of further assistance.