Entry candle identification indicator

[prasanttrades]

Dear NT8,

I am hoping you can help me with a script to identify candle sticks. I am a complete noob when it comes to coding. However having this indicator will significantly reduce my time testing a strategy so i would like to give it a shot.

I need an indicator that identifies the following:

1. Candle closing between 6am-10am GMT
2. Candle has to open and close below 50% of the overall candle.

What is the best way to create an indicator for this?

Many thanks,
P

[NinjaTrader_ChrisL]

Hi prasanttrades, thanks for posting. We have an example of making a time filter here, this uses the Time[] array to read the timestamp of the bar:

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?using_a_time_filter_to_limit_t.htm

To do operations on bar values, you must first read about how to access each price type (Documentation). The scripting language separates each price type into its own array, so we have Open, High, Low, and Close arrays that can be accessed. e.g. Close[0], Open[0], High[0], Low[0] returns the most recent price values of the candle. One can do math operations on these values e.g.

var x = High[0]*.5

if(Close[0] < x && Open[0] < x)
{
    Print("Signal");
}

Kind regards,
-ChrisL