SetParabolicStop() at a different timeframe/data series

[johnnybegoode]

Is there any workaround the syntax?

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

Can I set SetParabolicStop() at a different timeframe/data series?
SetParabolicStop(BarsArray[2], 0.02, 0.2, 0.02)[0];

like that of Parabolic SAR?

[NinjaTrader_PaulH]

Hello johnnybegoode,

Thanks for your post.

In the Help guide link you referenced, the relative note would be, "Should you have multiple Bars objects of the same instrument while using SetParabolicStop() in your strategy, you should only submit orders for this instrument to the first Bars context of that instrument. This is to ensure your order logic is processed correctly and any necessary order amendments are done properly."

So for the multiple time frame, no it would have to be the first data series (typically chart bars).

The same note can be found in all of the Set methods.

You could create your own Parabolic stop that operates of the time frame you choose and you can submit your exit order to the same "BarsInprogress" as the entry order. For an example of a multi-timeframe strategy entry/exit, please see https://ninjatrader.com/support/help..._frame_and.htm

[memonic]

Hello johnnybegoode,

Thanks for your post.

In the Help guide link you referenced, the relative note would be, "Should you have multiple Bars objects of the same instrument while using SetParabolicStop() in your strategy, you should only submit orders for this instrument to the first Bars context of that instrument. This is to ensure your order logic is processed correctly and any necessary order amendments are done properly."

So for the multiple time frame, no it would have to be the first data series (typically chart bars).

The same note can be found in all of the Set methods.

You could create your own Parabolic stop that operates of the time frame you choose and you can submit your exit order to the same "BarsInprogress" as the entry order. For an example of a multi-timeframe strategy entry/exit, please see https://ninjatrader.com/support/help..._frame_and.htm

It´s possible to use this sintax? to operate with parabolic stop in a non primary series?

protected override void OnBarUpdate()
{
if (BarsInProgress == 1)
{
SetParabolicStop("long", CalculationMode.Ticks, 10, true, 0.2, 0.02, 0.2);
}

[NinjaTrader_PaulH]

Hello memonic,

Thanks for your post.

If the data of BarsInprogress 1 met the requirements of "you should only submit orders for this instrument to the first Bars context of that instrument.". then yes.

If the data BarsInProgress 1 is a different time frame from the chart bars and of the same instrument, then no.

[memonic]

Hello memonic,

Thanks for your post.

If the data of BarsInprogress 1 met the requirements of "you should only submit orders for this instrument to the first Bars context of that instrument.". then yes.

If the data BarsInProgress 1 is a different time frame from the chart bars and of the same instrument, then no.

yes, is different time frame.
is there any way to submit a parabolic stop with non primary dataseries?
regards

[NinjaTrader_PaulH]

Hello memonic,

Thanks for your reply.

Yes, you would have to create your own stop by checking the value of current price to the value of the parabolic stop on the higher time frame and then simply use an exit order such as ExitLong() or ExitShort() when the current price reaches the parabolic stop value. I would recommend using the strategy run with Calculate.OnEachTick or Calculate.OnPriceChange in order to get a responsive stop as otherwise if you wait for bar close the exit level may be more than you wish. You could test each of these and see what works best for you.