Submit Order after 3 bars after the Signal confirmation

[ebnag]

Hi,

I would like to submit an entry order after 3 bars(or X bars) after the signal is generated. At the moment , I submit a buystop or a sellstop order at the end of the bar that triggers signal and it works fine. However, I do not know how to effectively defer order submission until X bars after signal occurred. I am using only one Primary series on the Chart.

Example: if I Close[0] > Close[1], then enter Long and vice-versa. One way to defer order submission is to check for Close[3] > Close[4] and submit at the end of Close[0], which is three bars away from entry signal. I will also add a check to see if Close[0] > Close[1] and Close[1]>Close[2] and Close[2]> Close[3]

Can some one please review and advise if there is a better way to control order submission after X bars (1,2,3 or 4 bars )

Thanks,
Nag

[NinjaTrader_PaulH]

Hello ebnag,

Thanks for your post.

This appears to be a duplicate of this thread where I have already provided a response: https://ninjatrader.com/support/foru...lid-for-x-bars

[ebnag]

Hi Paul,

Please note this is not a duplicate thread. The other thread is about placing an order and keeping it active at the same price for next 3 bars. This thread is about placing the order after threebars at the closing price of third bar.

Thanks,Nag

[NinjaTrader_PaulH]

Hello ebnag,

Thanks for your reply and clarification.

I apologize for my oversight.

You can use basically the same method as I pointed out in the other thread except the psudeo code would be more like:

(if your signal condition)
{
savedBar = CurrentBar; //save the signal bar number
mysignal = true;
}

if (CurrentBar - savedBar == 3 && mysignal == true)
{
// place order here
mysignal = false; // reset signal
}