Newbie in need of help

[BTBTX]

I'd like to make a simple strategy that just looks at the last 2 bars (or current and previous, I'm not sure) and enters a order in the direction of the previous two like bars. I know this is a very simple strategy but I'm new and i want to build off this idea.

Ex. If bar 2 and bar 1 are bullish place order at x-target and y-stop loss.

[NinjaTrader_RyanM1]

Hello BTBX,

Welcome to the NinjaTrader forums!

What you want to do can be accomplished with a NinjaScript automated strategy. Using the strategy wizard is the best place to get started creating strategies. You can define conditions and actions in a point and click interface, with no coding required.

Please see the following link

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

There is a similar example to what you're looking for in the section How to make price data comparisons

That will compare current close to 1 bar ago. You could create an additional condition then that compares close 1 bar ago to close 2 bars ago.

Help with strategy action for order placement is available here:

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

[BTBTX]

Thanks for the speedy reply

Yes, I found that site by looking around on similar questions. But now I'm stuck with trying to figure out how to get it to work. I have the buy code set but the mark on the graph isn't showing up and its not placing the order. = ( This may take a while lol

[NinjaTrader_RyanM1]

Yes, there can definitely be a learning curve at first but it's also really powerful once you get the hang of it.

Share the code you have so far and we can take a quick look. You can either copy / paste the code after hitting View code, or attach the .cs file from
My Documents\NinjaTrader\bin\custom\strategy

[BTBTX]

Here what i have so far

#region Using declarations
using System;
using System.ComponentModel;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Indicator;
using NinjaTrader.Gui.Chart;
using NinjaTrader.Strategy;
#endregion

// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
/// <summary>
/// After two consecutive same color bars it scalps for 2 ticks.
/// </summary>
[Description("After two consecutive same color bars it scalps for 2 ticks.")]
public class RuleOftwo : Strategy
{
#region Variables
// Wizard generated variables
// User defined variables (add any user defined variables below)
#endregion

/// <summary>
/// This method is used to configure the strategy and is called once before any strategy method is called.
/// </summary>
protected override void Initialize()
{
SetTrailStop("", CalculationMode.Ticks, 2, false);

CalculateOnBarClose = true;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if (Close[0] > Close[1])
{
EnterLong(DefaultQuantity, "In");
DrawArrowDown("Enter" + CurrentBar, true, 0, Close[0], Color.Blue);
}
}

#region Properties
#endregion
}
}

#region Wizard settings, neither change nor remove
/*@
<?xml version="1.0" encoding="utf-16"?>
<NinjaTrader>
<Name>RuleOftwo</Name>
<CalculateOnBarClose>True</CalculateOnBarClose>
<Description>After two consecutive same color bars it scalps for 2 ticks.</Description>
<Parameters />
<State>
<CurrentState>

[BTBTX]

note

Keep in mind that's what i copied out of the code screen in the wizard. I don't know how to code that from scratch = p

[NinjaTrader_RyanM1]

That looks like it should produce some trades for you. You have a narrow trailstop set so you might run into issues where the stop loss is triggered on the same bar as the entry.

I would make sure the strategy is enabled - Right Click on chart > Strategies > Select your strategy and set enabled to true.

Scroll to the beginning of chart so you can then see how it behaves at the earliest historical point.