Fixed criterias to allow to enter a trade

[Mirasol]

Hello,
is it possible, with an indicator or script, to only be allowed in the NT8 platform to enter a trade when special criterias are fullfilled?

For an easy example: Longtrades are only possible via the platform, when the recent price is above the 20 Moving average, and additional the 20 MA is rising. Otherwise it is not possible to enter a trade, because the buttons in the chart trader or dom are disabled. In this cases it is only possible to flaten an existing position.

Thanks for help
André

[NinjaTrader_Jesse]

Hello Mirasol,

This is possible if the indicator or script is the one submitting the order. This could be possible if you created an indicator or addon with its own buttons to submit trades. You cannot block the existing tools from placing trades so a custom order entry tool would be needed for that purpose.

An indicator would likely be the suggested route if you want to include indicator data or do crossing based on bar data.

While technically you could use WPF tactics to disable the existing buttons I would not suggest doing that. If you have an error or situation where you need to manage it yourself it would not be helpful having something trying to prevent you from doing that. A good alternative is to compliment the existing tools and add your own custom buttons with custom criteria on how they are used, you could put that in the chart trader if you wanted and then just use your own buttons for trading.

I look forward to being of further assistance.