Up or Down bar?

[NjTMatthew]

Hello,

I would like to create a condition that bases some of its logic on whether the previous candle closed up or down. Is there a way to use IsRising() to do this? Or would there be some other way that is better?

Thanks is advance!

[StealthM93]

Hi NjTMatthew,

Your question could be interpreted two ways.
1. The previous candle close is above/below its previous candle close.
2. The previous candle close is greater/less than its open. That is, you have a green/red candle, or a Doji with the close the same as the open.

For #1, use

if (Close[1] > Close[2]) {
   // Closed higher than the previous candle
   ... your logic ...
}
else if ((Close[1] < Close[2]) {
   // Closed lower than the previous candle
   ... your logic ...
}​
else {
   // same close
   ... your logic ...
}

For #2, use

if (Close[1] > Open[1]) {
// Green candle
... your logic ...
}
else if (Close[1] < Open[1] {
// Red candle
... your logic ...
}
else {
// Doji - Close of the candle equals the Open
... your logic ...
}

Hope that helps!
Matt

[NjTMatthew]

Yes, that is exactly what I was looking for.

Thank you!

[StealthM93]

NjTMatthew Excellent.. You're very welcome!