Quick question on this exit

[tortexal]

// Condition set 1
if (Close[0] > CurrentDayOHL().CurrentOpen[0])
{
EnterLong(DefaultQuantity, "Long");
}

// Condition set 2
if (Close[0] < CurrentDayOHL().CurrentOpen[0])
{
ExitLong();
}
// Condition 3
if (High[0] >= CurrentDayOHL().CurrentOpen[0] + (CurrentDayOHL().CurrentOpen[0] * 0.05))
{
ExitLong();
}

conditions 1 and 2 work fine, condition 3 does not do anything. how do i calculate the target exit in this manner and have it execute? (closes the position if the current price is a 5% increase over the session open price)
Thanks!

[NinjaTrader_Josh]

How are you determining that condition 3 is not working? Your high price needs to be >= 105% of the day's open. Please ensure such a condition does in fact evaluate to true.

Say your day open was 100. Then your high needs to be >= 105.

[tortexal]

I'm running this strategy on FAS right now on my IB feed. The open was 2.53 and the high was 2.96. 2.53*1.05=2.65, or 2.53+(2.53*.05)=2.65 which should make condition 3 true either way i would assume, and should trigger the exit.

condition 1 and 2 work just fine on multiple time frames, but it never exits at 2.65 or above.


edit: it just exited before mkt close, so that part works too

[NinjaTrader_Josh]

tortexal,

The only way you can test this is by actually printing values. Print out the value of High[0] as well as CurrentDayOHL().CurrentOpen[0] + (CurrentDayOHL().CurrentOpen[0] * 0.05). That is the only way you can follow the code.

Print(High[0] + " " + CurrentDayOHL().CurrentOpen[0] + (CurrentDayOHL().CurrentOpen[0] * 0.05));

Also, if your second condition was already evaluated to true there would be no position to close for your third condition. Ensure there is actually an open position as condition three is true.

[tortexal]

haha awesome, thanks i'll give that a shot


totally got it fixed, thanks again. i was doing this all types of screwy