need help

[gabsi]

hell, i'am new here, i need some help to make a strategy that:
range bar=5
if hight - open = 5 sell for 1 tick take profit and 3 tick stop loss
and
if open - low = 5 buy for 1 tick take profit and 3 tick stop loss
thanks to help me

[NinjaTrader_ZacharyG]

Hello gabsi,

Thank you for writing in and welcome to the NinjaTrader Support Forum!

To clarify:

• You wish to run your strategy on a 5 Range chart
• If the high of the bar minus the open of the bar equals 5, enter a short position with a 1 tick profit target and 3 tick stop loss
• If the open of the bar minus the low of the bar equals 5, enter a long position with a 1 tick profit target and 3 tick stop loss

Is this what you are looking for?

You would not be able to obtain the difference between the high and low/open and low in the Strategy Wizard; this would need to be manually coded.

I would highly suggest taking a look at the help guide's Educational Resources section for valuable resources for learning skills in building custom indicators and strategies within NinjaTrader: https://ninjatrader.com/support/help..._resources.htm

Here is a simple example of how your conditions can be written in code:

protected override void Initialize()
{
     SetStopLoss(CalculationMode.Ticks, 3);
     SetProfitTarget(CalculationMode.Ticks, 1);
}

protected override void OnBarUpdate()
{
     if (High[0] - Open[0] == 5)
          EnterShort();
     else if (Open[0] - Low[0] == 5)
          EnterLong();
}

More information about the syntax used can be found below:
SetStopLoss()
SetProfitTarget()
High
Open
Low
EnterShort()
EnterLong()

Please, let us know if we may be of further assistance.

[bltdavid]

Here is a simple example of how your conditions can be written in code:

protected override void Initialize()
{
     SetStopLoss(CalculationMode.Ticks, 3);
     SetProfitTarget(CalculationMode.Ticks, 1);
}

protected override void OnBarUpdate()
{
     if ([COLOR=Black]High[0] - Open[0] [/COLOR]== 5)
          EnterShort();
     else if ([COLOR=Black]Open[0] - Low[0] =[/COLOR]= 5)
          EnterLong();
}

I think it is prudent to assume the OP meant to say 5 ticks.

protected override void OnBarUpdate()
{
     if ([COLOR=Red]((High[0] - Open[0])/TickSize) [/COLOR]== 5)
          EnterShort();
     else if ([COLOR=Red]((Open[0] - Low[0])/TickSize)[/COLOR] == 5)
          EnterLong();
}

[koganam]

I think it is prudent to assume the OP meant to say 5 ticks.

protected override void OnBarUpdate()
{
     if ([COLOR=Red]((High[0] - Open[0])/TickSize) [/COLOR]== 5)
          EnterShort();
     else if ([COLOR=Red]((Open[0] - Low[0])/TickSize)[/COLOR] == 5)
          EnterLong();
}

We probably need to cast that double on the left-hand side of the equation, to an int?

[gabsi]

We probably need to cast that double on the left-hand side of the equation, to an int?

thank you for help, just how i can make range chart = 5, it seems like matlab i love it. thanks

[bltdavid]

We probably need to cast that double on the left-hand side of the equation, to an int?

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[NinjaTrader_ZacharyG]

Hello gabsi,

With a chart open, you can type "5R" (without quotes) to make it into a 5 Range chart.

Alternatively, right-click the chart, select Data Series, and set Period's Type to Range and Value to 5.