Simple swing break strategy - OnEachTick

[kujista]

Hello,
I have simple strategy which uses @Swing.cs indicator. I need to enter the trade when price crosses last valid swingLow - for short and swingHigh - for long trades.

I need to operate on Calculate.OnEachTick so that it enters inside candle:

Problem 1: how do I get values swing high and low (according to indicator dots?

To get swing High and Low i Use:

// How do I get last valid swing High?
double swingHigh = Swing1.SwingHigh[0];

// How do I get last valid swing Low?
double swingLow = Swing1.SwingLow[0];

But I get nonsense values :-/ What am I doing wrong?

Problem 2: I have check TickReplay in Data series settings so that I get accurate filling but when I add strategy to chart (Tick Replay checked, Timeframe 15) I see entries on bad levels see attachments.

Could you please help me in these two things. How properly refer to SwingHigh and SwingLow values on candle "actual - one" (preactual)
How to set data to see entries "on swing values" not on close of candles.

Thanks a lot Paul

[NinjaTrader_PaulH]

Hello kujista,

Thanks for your post.

Ninjascripts, in general, when applied to a data series, will process starting on the first bar of the data series, and process according to the logic in your script. The script will continue processing the bars in their order moving to ultimately the right edge of the chart.

The Swing indicator does not "confirm" a swing until the "strength" number of bars have passed since the last High or Low was detected. The "strength" bars after a potential high all have to be less then the High to confirm the swing high (and the same for Low except they would be greater than the potential low). Once the swing is confirmed, then the indicator will draw dots back to the swing high and at that point the new swing high or low value would be available.

From the help guide, here is the swing indicator description: The Swing indicator will plot lines that represent the swing points based on the strength (number of bars to the left and right of the swing point) parameter provided, it's mostly a visual tool and not meant to be predictive in nature. Only after the strength number of bars has passed since the extreme point, the swing return value could be definitely set, thus the indicator updates it's calculations as new incoming data warrants so. https://ninjatrader.com/support/help...nt8/?swing.htm

The above information is to help you understand that the swing signal then is delayed by whatever the strength bar setting you are using. In your code you are using 1, so the High would at best be known 2 bars later (the high bar, the 1 strength bar).

I would suggest using a larger swing strength setting and then printing the values of swing high and low in order to help you understand how it is working. Once you have a better understanding then you can adjust to your preferred setting. By printing the values (with swing at a higher strength setting) it will be easier for you to see when the swing high/low is confirmed.

Tick replay does not change how orders fill.

[kujista]

Hi,

I have to admit I cannot figure out how the Swing exactly works :-/ Could you please at least tell me,
If it is possible to get values (I show them in DataBox) on next candle opening from Swing with strength 1?

Paul

[kujista]

I thought all i have to do is Swing1.SwingLow[0] and High :-/ but it is obviously more complicated

[NinjaTrader_PaulH]

Hello kujista,

Thanks for your reply.

I've created a test strategy that you can replicate. To help visualize I have it draw an arrow on the bar where the change in swing is known (as discussed 2 bars later)



Note that we are checking the current swing high value to the one 2 bars ago as this would be the swing high point + 1 strength bar, so we look for a price change to detect a new swing high

[kujista]

Hi,

well If I have swing strength 3, I will test against 1 + 3 bars for swingLow/High change, is that so? I guess it works me now fine for strength 1.

Thanks for answer and cofirmation.

[NinjaTrader_PaulH]

Hello kujista,

Thanks for your reply.

"well If I have swing strength 3, I will test against 1 + 3 bars for swingLow/High change, is that so? ", Correct!

[Mindset]

Hello kujista,

Thanks for your reply.

I've created a test strategy that you can replicate. To help visualize I have it draw an arrow on the bar where the change in swing is known (as discussed 2 bars later)



Note that we are checking the current swing high value to the one 2 bars ago as this would be the swing high point + 1 strength bar, so we look for a price change to detect a new swing high

I would appreciate if it is possible to produce this strategy as a zip file to download. I too am having difficulty finding the right values for swing high/lows ( or rather the point at which it changes)

[NinjaTrader_PaulH]

Hello Mindset,

Thanks for your post.

The complete code is displayed in the screenshot, you should be able to recreate this easily enough.
Please note that the example was done with a swing strength of 1.