Pyramiding Question

[Space123]

I am trying to write a simple strategy that buys an N bar high and adds to the position as it moves in my favor. I'm just focusing on getting the entry working for now. The code is as follows:

if (Close[0] >= MAX(30)[0])
{
EnterLong("unit1");
EnterLongStop(Close[0] + .5* ATR(20)[0], "unit2");
EnterLongStop(Close[0] + 1.0* ATR(20)[0], "unit3");
EnterLongStop(Close[0] + 1.5* ATR(20)[0], "unit4");

}

What I THINK I am getting is:

system enters unit 1 long and units 2 and 3 on a stop, the price pulls back slightly, and we have to wait for another 30 bar high before the entry of unit 4 because otherwise the MAX30 condition is no longer being met

What I am looking for is:

if the price >= the max price of the last 30 bars
enter unit 1 long and submit orders for units 2, 3, and 4 on a stop based on the ATR

What is the solution here? Thanks for your help!
(image of the above description attached)

A C# Newb

[NinjaTrader_Austin]

Space123, from the picture you provided, it looks like your strategy is almost exactly what you are telling it to-other than the entry #4 being way above the other entries.

You are correct in assuming this is because the conditions are no longer true that caused the entry orders. You will want to use the overload for the entries that specifies orders are liveUntilCancelled (a true/false variable during order submission). This link will take you to the help guide page for EnterLongStop, and there is a brief explanation for liveUntilCancelled.

There is another variable called TraceOrders that, when set to true, can be an excellent tool to diagnose what could be going wrong with strategies. Here is a link to a post by Josh that explains how to use this tool.

In short, your EnterLongStop methods will need to be a little longer and more detailed:

// EnterLongStop(int barsInProgressIndex, bool liveUntilCancelled, int quantity, double stopPrice, string signalName)
// for entry number 4, you could do this:
EnterLongStop(0, true, 1, Close[0] + 1.5* ATR(20)[0], "unit4");

[Space123]

Austin,

Thank you kindly for the response. The TraceOrders advice was invaluable and allowed me to get a handle on the problem.

Regards,

Ben