Trading 5 min bars but using 15 minute intervals

[wcmaria]

I have a strategy that uses the 5 minute bar time frame but I only wish to enter a new trade at the open of the 5 minute bar but only if the bar is opening at 9:00, 9:15, 9:30, 9:45, 10:00 etc.

Can I reference the bar open minutes in my code to check for this.

i.e. buy at the open of the 5 minute bar if the open price of the bar is greater than the 25 period SMA and bar minutes = 00, 15, 30 or 45. Is that possible or is there another way?

I don't want the trade to open during the open of any other 5 minute bar, only at the quarter hour.

Thanks

[NinjaTrader_CalH]

Hello WCmaria,

Thank you for your note.

You can use the .Minute property of the DateTime structure of Time[0] and compare that to your values of interest.

if(Time[0].Minute == 00 || Time[0].Minute == 15 || Time[0].Minute == 30 || Time[0].Minute == 45)
EnterLong();

Let me know if I can be of further assistance.

[wcmaria]

I tried implemented the .Minute code as suggested in my strategy as follows:

if (mp==MarketPosition.Flat)
{
if (tradesThisBar<1)
{
if(Time[0].Minute == 00 || Time[0].Minute == 15 || Time[0].Minute == 30 || Time[0].Minute == 45)
{
if (allowLong && barDir==1 && Open[0=]=>sma[1])
_long.SendEntry(OrderAction.Buy,tradeSize,"LE");
elseif (allowShort && barDir==-1 && Open[0]<sma[1])
_short.SendEntry(OrderAction.SellShort,tradeSize,"SE");
}


Does the .Minute code reference the computer clock or the Ninjatrader bar time?

In the strategy above I ran it on a 5 minute bar chart beginning at 8:59:55 a.m.. So the first trade of the day should occur at the open of the 9:00 a.m. bar. Since this bar begins with :00 I assumed it should open the trade. But my strategy is only opening a trade at the open of the 9:10 bar which doesn't end in :00 or :15 or :30 or :45.

Is my code wrong for the purpose I intended?

thanks

[NinjaTrader_CalH]

Wcmaria,

The code works on my end.

Are you able to test using just a basic indicator and draw a dot when the condition is true?

Can you add TraceOrders to your Initialize() method in the strategy and open up Tools -> Output Window...