NT8 Strategy

[i2w8am9ii2]

Hello,

I created a new NT8 strategy that I want to run through an optimization in the Strategy Analyzer.

It is basically a 15 minute price bar breakout and then pullback strategy, that - for a long trade - needs high up volume after the pullback and for the price to be above the 15 EMA, before a long entry. And the inverse is true for a short trade.

I want to be sure that the code that I created will do what I think it will do. I have specific comments for each section of the code.

I had to unlock this strategy, to add some custom code, so I cannot open it in the Strategy Builder. I thought I added a stop-loss, but I cannot find it in the code and forgot what amount my stop is, if it is there. And if I cannot find it, then I cannot change it [my bad :-( ]

The .cs file for this strategy is attached. A screenshot of the main code for this strategy is also attached.

Can someone please let me know if what I stated in my comments are what the code is programmed to do?

If instead I coded this incorrectly or differently from what I thought it will do, please let me know.

Thanks,

[NinjaTrader_ChelseaB]

Hello i2w8am9ii2,

I am not showing that SetStopLoss() is called any where in the script.

Below is a public link to the help guide on SetStopLoss().

https://ninjatrader.com/support/helpGuides/nt8/en-us/setstoploss.htm

Your logic looks mostly correct from the comments that are added. I am noticing that VolumeUpDown1.UpVolume[0] is being used instead of Volume[0].
The VolumeUpDown1.UpVolume[0] will not have a value and will return a 0 if volume is down volume (and vice versa) while the Volume[0] would be populated for every bar.
You may want to look at .IsValidDataPoint() to ensure that you are using the value when intended.

Below is a public link to the help guide.

https://ninjatrader.com/support/helpGuides/nt8/en-us/isvaliddatapoint.htm

Also, your comment 'previous 5 minute bar + 200%' doesn't seem to reflect the code:
(VolumeUpDown1.DownVolume[1] * 2)
Multiplying by 2 wouldn't be 200% that would be 100%.
Multiplying by 3 would be 200%.

Examples:
Increase 100 by %10
1 + .10 * 100 = 110
Increase 100 by %50
1 + .50 * 100 = 150
Increase 100 by %100
1 + 1 * 100 = 200
Increase 100 by %200
1 + 2 * 100 = 300

[i2w8am9ii2]

Hi Chelsea,

Thanks for your reply and for the explanations. I appreciate it.

So if I understand correctly, I could change the volume code to the following:

&& (VolumeUpDown1.Volume[0] >= (VolumeUpDown1.Volume[1] * 3) )

&& (VolumeUpDown1.Volume[0] >= (VolumeUpDown1.Volume[1] * 3) )

But if I do so, then would I need to change the name or anything else in the parameters that I created in the #region Properties area?

[NinjaTrader_ChelseaB]

Hello i2w8am9ii2,

No this would not need or cause any property names to change.

[i2w8am9ii2]

Great. Thanks so much again for your help Chelsea.

One more question... attached is a screenshot of a static stop-loss and profit target that I added, is that code placed correctly?

[NinjaTrader_ChelseaB]

Hello i2w8am9ii2,

It is fine to set a stop loss and profit target in State.Configure.

[i2w8am9ii2]

Hi Chelsea,

Great. Thanks for letting me know.

And thanks for looking through all my code earlier. I appreciate your help very much.