Renko Reversal Stategy Builder

[Dogman22]

Hello, I am using Ninja Trader 8 and looking to build a strategy that I can backtest using the renko bars. I would like to place a sell order or buy order on the close of the first renko bar that changes from bullish (Green) to Bearish (Red) and vise versa. Not sure what settings to choose. Any help would be greatly appreciated. Thank you

[NinjaTrader_ChelseaB]

Hello Dogman22,

Below is a link to a forum post with helpful resources on getting started with NinjaScript.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts#post786040

Please watch the video 'Automate Your Trading with NinjaTrader's Strategy Builder' in it's entirety to learn how to build and run a NinjaScript Strategy.

A green bar, or up bar, is one where the Close is greater than the Open. A red bar, or down bar, is one where the Close is less than the Open.

Use bars ago set to 1 to reference the previous bar.

Add conditions for
Price -> Close, bars ago 1, greater than, Price -> Open, bars ago 1
Price -> Close, bars ago 0, less than, Price -> Open, bars ago 0