Execute on price HOD

[tahoebry]

I'm trying to plan some executions around the High of the Day and the Low of the Day.

What is the easiest way to do this in the condition builder? Can't seem to figure out how to get it to find the HOD or LOD

Thanks

[NinjaTrader_RJ]

Hello,

Thank you for your post.

In the condition builder of Strategy Analyzer, you will find High/ Low wich you can set to the current bar, or day.

Please see my attachments as an example.

[tahoebry]

When I plugged in your sample, it triggered trades from high's above bars and not triggering trades only at the HOD. Did I need to change something to make it HOD instead of at a bar?

Thanks,
Bryan

[NinjaTrader_RJ]

Hello,

Can you please explain to me the exact condition you are looking for?

Do you wish to enter your trade after the current price exceeds yesterday's high?

Do you wish to enter your trade after the current price makes a new high for the current day? If so, you need to specify the time range, 1 hour high, 30 min high, etc.

[tahoebry]

I wish to setup trades just below the current high of the current day. Also sell just above the current low of the current day.

I see you say 1 hour high, 30 min high.... How do you set DAY high or DAY low?

When I plug it in, it is executing trades based on bars back. Not based on price back.

Thanks for your help.

[NinjaTrader_RJ]

Hello,

You will need to use the indicator CurrentDayOHL and set the plot to Current High.

[tahoebry]

So do I put those on both sides with a "==" in the middle? like you had mentioned below?

Trades are still executing above the lowest price of the day and not enough trades are being made.

It looks like it is executing on the open or close of a candle and not within a candle.

Thanks

[NinjaTrader_Josh]

Post up screenshots of what you have now so we can better assess the next step. Thanks.

[tahoebry]

Here are some pics about the problem..



You will at 9:17 a.m. it executes a short higher than the current LOD of 1282.25.. Why?

Is this a simple change.

[NinjaTrader_Josh]

Hi tahoebry,

Your code looks correct. Possible reason could be that the bar's low is actually the current day's low, but since you are submitting market orders it just happened to fill at a higher price. This can happen and the only way to prevent would be to use limit orders.