Announcement
Collapse
Looking for a User App or Add-On built by the NinjaTrader community?
Visit NinjaTrader EcoSystem and our free User App Share!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less
Partner 728x90
Collapse
NinjaTrader
Question about implementing Parabolic SAR as a profit target
Collapse
X
-
Question about implementing Parabolic SAR as a profit target
I’ve got a quick question. I’m working on a strategy and I need to take profits when the PSAR switches sides but I can’t get it to work with strategy builder. I’ve looked at the code, but I’m a bit lost. I would appreciate any help I can get.Tags: None
-
Hello zachdasher,
Thanks for your post and welcome to the NinjaTrader Forums!
The ParabolicSar, with standard settings, will either be greater than the High of the candle or Less than the low of the candle when it switches. You can compare the indicators plot value to the High or Low of the current bar compared to the previous bar. For example:
If the previous bar shows the ParabolicSar is greater than the High of the previous bar and the current bar shows the ParabolicSar is less than the Low of the current bar then the ParabolicSar has switch sides. If the previous bar shows the ParabolicSar is less than the Low of the previous bar and the current bar shows the ParabolicSar is greater than the High of the current bar then the ParabolicSar has switch sides.
If that doesn't resolve, please post screenshots of your strategy sets that show your exit conditions.
Paul H.NinjaTrader Customer Service
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by Kaledus, Today, 01:29 PM
|
1 response
4 views
0 likes
|
Last Post Today, 01:53 PM | ||
Started by frankthearm, Yesterday, 09:08 AM
|
13 responses
45 views
0 likes
|
Last Post
by frankthearm
Today, 01:52 PM
|
||
Started by PaulMohn, Today, 12:36 PM
|
2 responses
16 views
0 likes
|
Last Post
by PaulMohn
Today, 01:48 PM
|
||
Started by Conceptzx, 10-11-2022, 06:38 AM
|
2 responses
53 views
0 likes
|
Last Post
by PhillT
Today, 01:47 PM
|
||
Started by yertle, Yesterday, 08:38 AM
|
8 responses
37 views
0 likes
|
Last Post
by ryjoga
Today, 01:22 PM
|
Comment