Bar with a stem definition

[Ludwik]

Hi,
I'm wandering if there is any ready formula to specify that the bar should have a stem e.g. bottom stem to be at least 50% of the body and upper stem not be bigger than 30% of the body?
If so then could you please provide one?
Thank you

[NinjaTrader_Kate]

Hello Ludwik,

Thank you for your post.

You'd have to calculate that from the direction of the bar and the difference between the open/close and high/low depending on the bar direction.

So something like this for a up bar:

if (Close[0] > Open[0]
&& (Open[0] - Low[0]) >= (Close[0] - Open[0] * .5)
&& (High[0] - Close[0]) <= (Close[0] - Open[0] * .3))
{
// do something here
}

Please let us know if we may be of further assistance to you.

[Ludwik]

Thanks a lot Kate, that's soo helpfull!!!