Strategy Builder - enter after 3 bars have closed up

[indy73]

My brain is fried after trying to get rich with the perfect strategy -- not that I could figure this out, anyway -- but how would I use Strategy Builder to enter long after 3 bars in a row have closed up?

Thanks a ton!

[NinjaTrader_PaulH]

Hello Indy73,

Thanks for your post.

When you create the condition of Close > Open you can set the "Bars ago" value. So for 1 pair (Close>Open) the bars ago would be 0 (for the current bar), the next pair would be set to 1 for the previous bar and the last pair would be set to 2 for 2 bars ago. When all three conditions are true, the "Do the following" would be actioned.

Here is a screenshot of what the conditions would look like. Note that "Close" is replaced by "Default input" and this is expected when using the "Close" price.

[indy73]

Thanks, Paul -- you NT support folks are f'n AWESOME!!!

[Fness2020]

Is it possible to also tell the strategy NOT to enter after 4 bars? I have a similar issue, but I don't want to enter the trade after 4 bars, as that is too late of an entry for my strategy.

[NinjaTrader_PaulH]

Hello Fness2020,

Thanks for your post and welcome to the NinjaTrader forums!

Can you clarify or expand your example?

4 bars after what? a previous exit? a previous condition?

[Fness2020]

I just mean I want my strategy to enter on the 3rd up bar that meets my criteria, but if it doesn’t meet my criteria by then, I don’t want to enter the trade.

For example, if I want to enter long on the 3rd bullish candle in a row when the MACD is above 0, I don’t want to enter if the MACD crosses 0 on the 4th green candle. That’s too late and I would rather wait for a pullback. I hope that makes sense

[NinjaTrader_PaulH]

Hello Fness2020,

Thanks for your reply.

Then your entry condition would need to include your MACD requirements of the MACD line being greater than zero.

[Fness2020]

I understand that the MACD must be included, that's not my question though. However I think I figured it out.
See I'm using renko bars in my strategy and I wanted to make sure it was a maximum of 3 bullish bricks in a row for a long entry and a maximum of 3 bearish bricks for a short entry.
Hopefully this helps somebody in the future:

High[0} > High[1]
High[1] > High[2]
High[2] > High[3]
High[3] < High[4]

This ensures that I only enter on a specific pattern of 3 green bars after 1 red bar for a long entry and vice versa for a short entry when all other conditions are met.