Marubozo Candles

[MikePari]

I'm trying to highlight marubozo candles, but the best I've been able to do with the strategy builder (as it is today), is to have it highlight candles that have a close within a range of ticks of the high/low, and vise versa for the open. For example, the Open <= Low offset +5 ticks. However, this limits it to 5 ticks, and depending on the market, it's not doing what I want it to do. Is there a way to do something like, "5% of the total candle range can be a wick on either side"? Ultimately, I'm trying to create strategy to highlight a marubozo candle, if anyone knows how I'd appreciate the knowledge! Thank you thank you!

[NinjaTrader_Jesse]

Hello MikePari,

I believe in that case you would need to use manual programming or make an indicator that reports the value you need. You would need to first calculate the range you wanted and save that to a variable and then use math to calculate how much 5% of that number is. Once that is known you could form conditions using that value in whichever way you wanted.

[MikePari]

I figured out how to do it in the strategy builder btw if anyone is curious. Percent is done in a weird way, where if you put the value of 5, hoping to achieve 5% of the total candle range, it's actually 500%. The value of 1 = 100%, and .1 = 10%. So, to create the marubozo I did, "High >= Close offset .05 percent" and "Low <= Open offset .05 percent".