Inside BAr

[PrTester]

Attach is an Indicator to help you identify the inside bars, includes an alert.(you can turn on/off the alert and modify the inside bar color)

Regards

[NinjaTrader_JoshP]

Cool. Thanks for the contribution.

[NinjaCustomer]

I am new to NinjaScript... how do I import this indicator?

[NinjaTrader_Ray]

Unfortunately, the format (.ntns) was temporarily supported with an older beta version. We have since reverted this change.

If PrTester is willing to repost this with the latest beta version, it will be a (.zip) file which you can import via File > Utilities > Import NinjaScript.

[PrTester]

Unfortunately, the format (.ntns) was temporarily supported with an older beta version. We have since reverted this change.

If PrTester is willing to repost this with the latest beta version, it will be a (.zip) file which you can import via File > Utilities > Import NinjaScript.

It's posted with a zip format.

Regards,

[NinjaCustomer]

It's posted with a zip format.

Regards,

cool, thanks!

[Pipqueen]

Thank you! I Love it!

Attach is an Indicator to help you identify the inside bars, includes an alert.(you can turn on/off the alert and modify the inside bar color)

Regards

[ryebank]

Inside Bar

Great indicator thanks for the source code.

I was wondering if it could be tweaked slightly... If it's a down inside bar then have it one color, if it's an up inside bar then have it another?

Thanks
Rye

[ryebank]

Inside Bar Calculator

I've been watching this indicator identify inside bars but i've noticed that it doesn't always identify them.

[PrTester]

I've been watching this indicator identify inside bars but i've noticed that it doesn't always identify them.

ryebank,

This logic behind the indi is the following :

First Calculate 4 previous range

range1 = Math.Abs(Close[0]-Open[0]);
range2 = Math.Abs(Close[1]-Open[1]);
range3 = Math.Abs(Close[2]-Open[2]);
range4 = Math.Abs(Close[3]-Open[3]);
Then

Check for InsideBar pattern

if(High[0] < High[1] && Low[0] > Low[1]
&& range4 < range3
&& range4 < range2
&& range4 < range1

where [0] is the Current Bar, [1] is the previous Bar and so on.

Hope that help.

[ryebank]

Hi PrTester

Bear with we because i don't know how to program but does this mean i can change the code to calculate on 1 range ie 1 bar:

Change - if (CurrentBar < 4) return
To - if (CurrentBar < 1) return

range1 = Math.Abs(Close[0]-Open[0]);
range2 = Math.Abs(Close[1]-Open[1]);
Delete range3 and range4

Then

Check for InsideBar pattern

if(High[0] < High[1] && Low[0] > Low[1])

[PrTester]

Hi PrTester

Bear with we because i don't know how to program but does this mean i can change the code to calculate on 1 range ie 1 bar:

Change - if (CurrentBar < 4) return
To - if (CurrentBar < 1) return

range1 = Math.Abs(Close[0]-Open[0]);
range2 = Math.Abs(Close[1]-Open[1]);
Delete range3 and range4

Then

Check for InsideBar pattern

if(High[0] < High[1] && Low[0] > Low[1])

Yes you are correct, just delete the other range and you will be ok.

[ryebank]

Inside Bar

Thanks PrTester

I've made the changes and it now works how i'd like it to.

Can i ask, what is the relevance of having a range of 4 bars and only indentifying an inside bar (IB) based on this?

Could you, if possible, help me to modify the code so i can have different colours for for up and down IB's?

Thanks
Rye

[PrTester]

Thanks PrTester

I've made the changes and it now works how i'd like it to.

Can i ask, what is the relevance of having a range of 4 bars and only indentifying an inside bar (IB) based on this?

Could you, if possible, help me to modify the code so i can have different colours for for up and down IB's?

Thanks
Rye

Just try to identify strong signals, post your conditions for up and down and I make the change or give you the lines to modify yours.

Regards

[thalestrader]

Hi there,

How would I edit the script so that the low of 0 could be > or = to low of 1 and the high of 0 could be < or = the high of 1? In other words, I want to define an inside bar as one in which the high or low might be equal to the high or low of the previous bar.

Thank you,

thalestrader