• If this is your first visit, you will have to register before you can post. To view messages, please scroll below and select the forum that you would like to visits. Questions? Be sure to check out the Forum FAQ.

Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Price higher than previous bar close

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

    Price higher than previous bar close

    I would like to know how to set up the Wizard under Crate a new Strategy for Automotive trading

    Conditions are very basic,

    5 ticks higher than previous bar close

    5 ticks lower then previous bar close

    Is there any videos to watch

    Thanks
    momtic

    #2
    Hi Momtic,

    Thank you for posting.

    I have attached an image that will have the parameters you will need to input to test for your first condition.

    On the left side I selected the Close price and left the rest at default.
    Choose the '>', greater than, in the middle.
    On the right side I selected the Close price again but instead put a 5 in the offset so to test that our current close is greater than the previous close by at least 5 ticks.

    You will need to enter '<' and -5 ticks for the opposite effect.

    Additionally, here is a YouTube video link on Automated Strategy Development -
    http://www.youtube.com/watch?v=SpwGT...D7105&index=13

    Let me know if I can be of further assistance.
    Attached Files
    Cal H.NinjaTrader Customer Service

    Comment


      #3
      Thanks for that, very helpful, Could you also do the same and show me how to place a stop and target. Think then I will have it sorted.

      Thanks
      momtic

      Comment


        #4
        Momtic,

        Attached is the next page for adding StopLoss and ProfitTargets.

        The example will show you how to place a ProfitTarget with a 20 tick profit offset.

        Let me know if I can be of further assistance.
        Attached Files
        Cal H.NinjaTrader Customer Service

        Comment


          #5
          Hi I am testing some Strategies can you tell me what the color yellow means, under "Strategies" for Automotive trading
          Thanks
          momtic
          Attached Files
          Last edited by momtic; 10-09-2013, 10:22 AM.

          Comment


            #6
            Momtic,

            This yellow bar represents that the strategy is waiting for the position to be flat before making a trade.
            http://www.ninjatrader.com/support/h...egies_tab2.htm
            Cal H.NinjaTrader Customer Service

            Comment


              #7
              Thanks Cal
              Im getting to grips with it slowly, another question, can I set a strategy for, if price pulls back to a 15 simple moving average the Automotive trading strategy will buy or sell?
              Thanks
              momtic
              Attached Files

              Comment


                #8
                Momtic,

                You would want to build a condition that will detect when the price hits the SMA.

                Example below -
                Code:
                if(Open[0] <= SMA(14)[0])
                {
                // place long order
                }
                Cal H.NinjaTrader Customer Service

                Comment


                  #9
                  Hi
                  Not sure if I need to open new post or carry on posting here, I think its all the same principle of what I am trying to achieve

                  "Price cross moving average, by 4 bars look to buy "

                  I posted a photo can you please let me know, if this is correct

                  Thanks
                  Attached Files

                  Comment


                    #10
                    Hello momtic,

                    Thank you for your response.

                    You will need to set the BarsAgo to 0 and the Offset to 4 for the EMA.

                    Please let us know if we may be of further assistance.
                    Patrick H.NinjaTrader Customer Service

                    Comment


                      #11
                      Thanks PatrickH

                      There are 2 ofsets either side, to make sure I have done it right, I have attached a photo, is this correct.

                      Thanks
                      momtic
                      Attached Files

                      Comment


                        #12
                        Momtic,

                        That is correct per the instructions
                        Cal H.NinjaTrader Customer Service

                        Comment

                        Latest Posts

                        Collapse

                        Topics Statistics Last Post
                        Started by bomanpbm, Yesterday, 09:27 PM
                        0 responses
                        2 views
                        0 likes
                        Last Post bomanpbm  
                        Started by tgn55, Yesterday, 08:47 AM
                        0 responses
                        8 views
                        0 likes
                        Last Post tgn55
                        by tgn55
                         
                        Started by ballboy11, 05-04-2019, 10:26 AM
                        6 responses
                        58 views
                        0 likes
                        Last Post Kermit
                        by Kermit
                         
                        Started by mrlucky1x, 06-14-2019, 10:01 PM
                        0 responses
                        15 views
                        0 likes
                        Last Post mrlucky1x  
                        Started by roger556, 06-14-2019, 09:22 PM
                        0 responses
                        8 views
                        0 likes
                        Last Post roger556  
                        Working...
                        X