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Wait x bars after signal to trade
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Wait x bars after signal to trade
Apologies for this simple and probably redundant question. How can I wait x bars after a signal to go long or short, such as from a moving average crossover.
ThanksTags: None
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Hello rgreenberg,
Thanks for your post.
You can use a bool to indicate that your condition has occurred and then save the bar number where the condition occurred. Then in the next condition, test for the bool state and check the current bar to the saved bar to evaluate how many bars have passed.
For example:
if (//your crossover condition)
{
myCrossover = true; // a bool variable you previously created called myCrossover set to false.
mySavedBar = CurrentBar; // an Int variable you previously created called mySavedBar to hold the bar number when the cross ocurred.
}
later in your code:
if (myCrossover && CurrentBar - mySavedBar >= 10) // wait for 10 bars
{
// do something here
myCrossover = false; // reset the bool so this only executes once per condition.
}Paul H.NinjaTrader Customer Service
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Paul,
Thank you for your reply. I now know about using the bool to specify conditions. Thanks to jr123 as well. I guess I am surprised that Ninjascript did not cover this seemly simple concept with a "BarsSinceSignal" type command.
Thanks again.
rg
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