ATR bars

[ezrollin]

Is there a way to set a condition in strategy builder for if the color of the bar is too big?

Like on the long side, a huge red candle (compared to its ATR) sets off an exit position? thanks

[NinjaTrader_Jesse]

Hello ezrollin,

To make that type of condition you would need to subtract the High from the Low to get a difference in price to know how large or small a bar is. The color would not be able to be used in any type of condition, you would need to use a price so that can be used in a condition.

A custom series could be used to do math like that, in a sets action you can set a custom series to the High with a minus offset and subtract the low. That would set the series to the difference which could be used later in your other sets conditions.

[ezrollin]

Was able to set the price Difference[0]
But I cant figure out how to use the Difference[0] on another set.
Theres no way to pull it up in the "IF" condition set.

So I was trying to write an IF condition for IF close > Difference[0] and a red bar (close < open)
but theres just no way to use the Difference[0] custom series.

[NinjaTrader_Jesse]

Hello ezrollin,

You can find the custom series you made under Misc -> Custom Series when making conditions.