Announcement

Collapse

Looking for a User App or Add-On built by the NinjaTrader community?

Visit NinjaTrader EcoSystem and our free User App Share!

Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less

Partner 728x90

Collapse

OnBarUpdate() problem when backtesting daily data

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    OnBarUpdate() problem when backtesting daily data

    I spend couple of hours to find whether there is any chance to execute following simple strategy properly:
    Enter long position on Monday if Monday open is lower than last Friday close (with defined Stop-Loss and Profit Target). I understand that OnBarUpdate() method is updated on every bar close, therefore I enter long position on Tuesdays. But this is something I want to change and didn't find anything helpful. Is there any way to make this strategy work properly with only daily OHLC data without intraday data?

    Thanks for any suggestion.

    hicker

    -------------------
    protected override void Initialize()
    {
    SetProfitTarget(PT);
    SetStopLoss(SL);
    }

    protected override void OnBarUpdate()
    {
    if (Time[1].DayOfWeek == DayOfWeek.Friday && Time[0].DayOfWeek == DayOfWeek.Monday)
    {
    if (Open[0] < Close[1])
    {
    EnterLong(1);
    }
    }
    }
    --------------------

    #2
    Unfortunately not. That will always be the case with historical data. What you can try in real-time though is set CalculateOnBarClose to false. This will allow you to submit your trade on Monday, but only in a real-time market because your OnBarUpdate() is firing as the day progresses.
    Josh P.NinjaTrader Customer Service

    Comment


      #3
      Thanks very much. I look for intraday data then.

      Comment

      Latest Posts

      Collapse

      Topics Statistics Last Post
      Started by sidlercom80, 10-28-2023, 08:49 AM
      167 responses
      2,260 views
      0 likes
      Last Post jeronymite  
      Started by warreng86, 11-10-2020, 02:04 PM
      7 responses
      1,361 views
      0 likes
      Last Post NinjaTrader_Manfred  
      Started by Perr0Grande, Today, 08:16 PM
      0 responses
      5 views
      0 likes
      Last Post Perr0Grande  
      Started by elderan, Today, 08:03 PM
      0 responses
      9 views
      0 likes
      Last Post elderan
      by elderan
       
      Started by algospoke, Today, 06:40 PM
      0 responses
      10 views
      0 likes
      Last Post algospoke  
      Working...
      X