Queries on a setting up a strategy

[thenvk]

Hi,

this is my first post in here. I have few questions.

1. I need the strategy to run on a 5 minute candles with 10EMA. Where can I mention the TF in the script. It is running on 1min TF.

I have added this line Add(PeriodType.Minute, 5); inside the initialize. It seems to be not working. Is there any other location, where I need to specify the TF?

2. Does the Now function needs any conversion? I have used the below code to exit the position at 3.15IST, but it did not exit.

TimeSpan Exittime=new TimeSpan(15,15,00);

(Position.MarketPosition == MarketPosition.Long && (now > Exittime))

3. How can I capture the entry price for my order and set a target of 0.05% on the entry price.

Thanks,
Vamsi.

[NinjaTrader_PaulH]

Hello thenvk,

Thanks for your post and welcome to the NinjaTrader forums!

If I understand correctly, you have a 1 minute bars chart and are adding a 5 minute data series. In the script, you want to reference a 10 period EMA based on the 5 minute candles.

The statement in Initialize() of Add(PeriodType.Minute, 5); is correct and will make a 5 minute data series of the same instrument available.

Please note that you will need to make references in the OnbarUpdate to access the 5 minute data. Also an important concept is that both the 1 minute data series of the chart AND the 5 minute added data series will both call the OnBarUpdate seperately. This means, for example, that when the 1 minute bars calls OnBarBarUpdate() that High[0] will refer to the High of the just closed 1 minute bar, when the 5 minute bar calls OnBarUpdate High[0] would now refer to the 5 minute bar High. There are a number of other considerations and answers to most of your questions in this section of the helpguide which we highly recommend you review: https://ninjatrader.com/support/help...nstruments.htm

Here is a short example of coding you might use in the OnbarUpdate():

if (CurrentBars[0] < 10 || CurrentBars[1] < 2) return; // do not process until enough bars loaded

if (BarsInProgress !=0) return; // only process the chart bars

if (Close[0] > EMA(Closes[1], 10)[0]) // if the close is greater than the 10 period ema on the 5 minute series
{
//do something
}

Please see the previous link as it contains an explanation of these references.


Regarding time, you might use DateTime.Now.

Alternatively, for example:

if (Position.MarketPosition == MarketPosition.Long && ToTime(Time[0]) >= ToTime(15, 15, 0))
where Time[0] is the close time of the 1 minute bar

References:
Time: https://ninjatrader.com/support/help.../nt7/?time.htm
ToTime: https://ninjatrader.com/support/help...t7/?totime.htm

After the order has been filled, you can get the entry price from Position.AvgPrice: Reference: https://ninjatrader.com/support/help.../?avgprice.htm