Exit position on candle colour change

[Douglee]

Hello I’m trying to develop a simple strategy that will close my position on the next candle that closes in a different colour. It will be for renko bars. Any tips? I’m new to strategy builder, but I think I can figure it out with a little help. Thanks!

[NinjaTrader_BrandonH]

Hello Douglee,

Thanks for your post.

To detect if a bar is an up bar, you could create a condition that checks if the Close price (Price folder > Close > Bars Ago set to 0) is Greater than the Open price (Price folder > Open > Bars Ago set to 0)

To detect if a bar is a down bar, you could create a condition that checks if the Close price (Price folder > Close > Bars Ago set to 0) is Less than the Open price (Price folder > Open > Bars Ago set to 0)

The attached screenshots demonstrate what these conditions would look like.

See the help guide documentation below for more information about creating price comparisons: https://ninjatrader.com/support/help...ataComparisons

Strategy Builder Actions: https://ninjatrader.com/support/help...t8/actions.htm

Please let me know if I may assist you further.

[Douglee]

Thank you very helpful!!