Long bar indicator

[Lester Macena]

Hi,

Is there an indicator that can do two simple things,

1) find bars which body is at least twice the size of the previous bar,
2) draw a zone (Open+Close)/2 to Open.

As on the print screen.

If not, can someone please code it?

Thanks in advance!

[NinjaTrader_Jim]

Hello Lester Macena,

Thanks for your post.

I'm not aware of a specific indicator that accomplishes this task. The indicator could be developed relatively easily in comparison to more complex indicators. If you would like to take a stab at creating such an indicator, I would suggest referencing our open source indicators and then to play around with using Draw.Rectangle() which would be used to draw the zone. I've included documentation on working with Price Series data as well as documentation on using Draw.Rectangle() for further direction. Working with Price Series data will explain using bars ago references (comparing current bar to previous bar.)

Working with Price Series - https://ninjatrader.com/support/help...ice_series.htm

Draw.Rectangle() - https://ninjatrader.com/support/help..._rectangle.htm

I'll leave this thread open ended for any community members that would like to build this indicator for you. If it interests you, we could also have a representative of our EcoSystem reach out with information on NinjaScript Consultants who would be happy to write such an indicator for you by request.

Please let us know if this is something that interests you.