Display value to show what % of candle the open/close sits within?

[timcjpfx]

Not sure if this already exists, but is there a way to add an indicator on something visual to my charts so that I can see what percentage of the candle the open/close sits within?

I'm currently calculating this manually as:

[1] The higher value of Open or Close of the candle
[2] Low of Candle
[3] High of Candle

([1]-[2]) / ([3]-[2])

and if possible to be able to select a parameter that then only displays the value if it is > or < that user-specified value.

Thanks

[NinjaTrader_Jim]

Welcome to the forums timcjpfx!

You may check our User App Share for an existing indicator that does this, and you can also use Draw.Text to draw this calculated percentage on a chart.

User App Share - https://ninjatraderecosystem.com/user-app-share/

Draw.Text - https://ninjatrader.com/support/help...?draw_text.htm

If you are new to NinjaScript, I suggest to view the Strategy Builder 301 and NinjaScript Editor 401 tutorials which can direct you to building logic with the Strategy Builder and using that generated code in the NinjaScript Editor. This a great way to get introduced to NinjaScript. Out open source indicators can also be references as examples.

Strategy Builder 301 — https://www.youtube.com/watch?v=_KQF2Sv27oE

NinjaScript Editor 401 - https://www.youtube.com/watch?v=BA0W4ECyVdc

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