Current bar close is above / below its open

[TraderYoda]

Hello,

How do I create a cell condition to show current bar close is above its open. And same for reverse - current bar close is below its open?

Appreciate your help

[NinjaTrader_ZacharyG]

Hello TraderYoda,

Thank you for writing in.

You would be unable to do this with cell conditions; instead, you would need to make an indicator that will output a value. Then, based on this value, you can create a cell condition.

Here is some simple code below on how this can be accomplished with the indicator:

protected override void OnBarUpdate()
{
     // if the close is greater than the open, set the plot to 1
     if (Close[0] > Open[0])
          Value.Set(1);
     // if the close is less than the open, set the plot to -1
     if (Close[0] < Open[0])
          Value.Set(-1);
     // if the close equals the open, set the plot to 0
     else
          Value.Set(0);
}

The indicator outputs a 1 if the close is greater than the open, a -1 if the close is less than the open, and a 0 if the close is equal to the open.

You'll want to add an indicator column and select this indicator. Then, create your alert conditions based on the plotted number.

Please, let us know if we may be of further assistance.

[TraderYoda]

Hello TraderYoda,

Thank you for writing in.

You would be unable to do this with cell conditions; instead, you would need to make an indicator that will output a value. Then, based on this value, you can create a cell condition.

Here is some simple code below on how this can be accomplished with the indicator:

protected override void OnBarUpdate()
{
     // if the close is greater than the open, set the plot to 1
     if (Close[0] > Open[0])
          Value.Set(1);
     // if the close is less than the open, set the plot to -1
     if (Close[0] < Open[0])
          Value.Set(-1);
     // if the close equals the open, set the plot to 0
     else
          Value.Set(0);
}

The indicator outputs a 1 if the close is greater than the open, a -1 if the close is less than the open, and a 0 if the close is equal to the open.

You'll want to add an indicator column and select this indicator. Then, create your alert conditions based on the plotted number.

Please, let us know if we may be of further assistance.

Hello. Thank you for helping with the code. I tried copying your code into notepad and renaming the file extension to .cs

I then copied the .cs file into ninjatrader indicator folder and then used ninjatrader editor to compile it as I have done with other .cs indicator files but in this case it did not work?

How do I create an indicator file using the code your kindly provided?

Appreciate your help

Traderyoda

[NinjaTrader_ChelseaB]

Hello TraderYoda,

The code suggested by NinjaTrader_ZacharyG is not a complete script.

Start by creating a script (and include a plot):
Tools -> New NinjaScript -> Indicator...

Once created and the Finish button is clicked, the script will open in the NinjaScript Editor.
Copy the suggested code into the OnBarUpdate() method of the indicator.