Coding query

[shahroor]

I am trying to create a condition to exit a trade as follows
Exit position if the price fails to close higher in last 10 days
any suggestions on how to go about coding this in the condition builder
Thanks

[NinjaTrader_RyanM1]

Hi shahroor,

To work with days is only possible in the condition builder if you plan to apply the strategy to a daily series. To check for highest value over a lookback, there is built in indicator MAX(), in the indicator category.

For more control - where you apply this script to an intraday series but check daily values requires a multiseries script, working with code. There is a sample to work from in Tools > Edit NinjaScript > Strategy > SampleMultiTimeFrame.

http://www.ninjatrader.com/support/helpGuides/nt7/multi_time_frame__instruments.htm

[shahroor]

I am using the daily timeframe. I tried to build the strategy but ended with multiple errors which I cant understand, could you be please explain what these errors mean
I have attached a copy for your reference
Many Thanks

[NinjaTrader_RyanM1]

There are issues building the MAX expression. I've attached a screenshots of one way you can build this in the strategy wizard. In one of your conditions you selected Open for period, which is expecting a number input.

There is also a logic issue here, in that Close can never be greater than MAX(Close, 50)[0]. The close value you're checking is included in the MAX set. For this you can check >= or check for MAX one bar back like my screenshot.

For getting up to speed with the condition builder, see this page:

http://www.ninjatrader.com/support/helpGuides/nt7/condition_builder.htm

There are a few examples there of common expressions you can build. Start simple at first and click compile each time you create an expression. That way if there are any errors, you can resolve right away rather than adding additional ones.

I suggest attending our next strategy development webinar. Tuesday, June 14th at 5:30 PM eastern. This webinar walks you through each step of creating a moving average crossover strategy using the wizard.

[shahroor]

I managed to get it sorted , thanks for your explanation as it is making sense now