Sell Script and Auto Chart

[math_celebrity]

I have a strategy below where my sell order is not picking up. I want a trailing stop. Also, is my statement about adding bars correct. I'd like to have a defaulted amount of time as well as a trailing stop to kick in. For the time, do I need to enclose it in BarsInProgress==1 as seen here:

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?barsinprogress.htm

#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>
    /// Code for first strategy
    /// </summary>
    [Description("Code for first strategy")]
    public class VWAP : Strategy
    {
        #region Variables
        // Wizard generated variables
        private int myInput0 = 1; // Default setting for MyInput0
        // User defined variables (add any user defined variables below)
        #endregion
        double[] typical_price = new double[3];
        double[] vwap = new double[3];
        private int vol_price = 0;
        private int total_volume = 0;
        private int total_vol_price = 0;
        private int i = 0;
        private bool increasing_vwap = true;
        private bool increasing_close = true;

        /// <summary>
        /// This method is used to configure the strategy and is called once before any strategy method is called.
        /// </summary>
        protected override void Initialize()
        {
            // Trailing Stop
            SetTrailStop("", CalculationMode.Percent, 2, false);
            
            // Add a 5 minute Bars object: BarsInProgress index = 1
            Add(PeriodType.Minute, 5);
            
            CalculateOnBarClose = true;
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {
            // VWAP    
            total_volume = 0;
            total_vol_price = 0;
            increasing_vwap = true;
            increasing_close = true;
            for (i=0;i<=2;i++){
                typical_price[i] = Math.Round((High[i]+Low[i]+Close[i])/3,2);
                total_volume += System.Convert.ToInt32(Math.Floor((Volume[i])));
                vol_price = System.Convert.ToInt32(Math.Floor((Volume[i]*typical_price[i])));
                total_vol_price += vol_price;
                vwap[i] = total_vol_price/total_volume;
                Print("vwap["+i+"] = "+vwap[i]+" with tick size "+Volume[i]);
                
                // check for increasing indicators in a cumulative fashion
                if (i>0 && vwap[i]<vwap[i-1]) {increasing_vwap = false;}
                if (i==2 && NBarsUp(i,false,true,true)[0] == 0) {increasing_close = false;}    
            }
            
            // check for average volume as well?
            
            // Buy conditions met
            if (increasing_vwap && increasing_close){
                
                EnterLong(this.StrategyData.Strategy.Name);
            }
            
            // Sell Conditions met (optional since we have trailing stop???)
            
        }

        #region Properties
        [Description("")]
        [GridCategory("Parameters")]
        public int MyInput0
        {
            get { return myInput0; }
            set { myInput0 = Math.Max(1, value); }
        }
        #endregion
    }
}

[NinjaTrader_JC]

Hello math_celebrity,

Welcome to the NinjaTrader Support Forums!

Using SetTrailStop() and Percentage mode, it is going to be a double value so 2 = 200% and 0.2 = 20% so with 200% so this is going to put your Stop Loss order very far away.

As for your added time series, you added a 5 Minute series to your script but I am not sure what you are trying to do with it.

Are you trying to get to the typical values of the two time frames inside of your for loop?

[math_celebrity]

Thanks for the trailing stop, I fixed that and it looks good.

For the time series, is it possible to add this to the strategy so that it is the default when we load a strategy?

[NinjaTrader_JC]

Hello math_celebrity,

It will not load the added series as a default when you apply the strategy. It will only be used if you want to have your strategy set to 1 time series and use another time series for some calculations.

You may look at our SampleMultiTimeFrame strategy that comes loaded inside of NinjaTrader for an example of this. Tools -> Edit NinjaScript -> Strategy.