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Program Strategy

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    Program Strategy

    hi, i can program strategy wizard according to patterns bars?

    #2
    Hello andarbe,

    Thanks for your post and welcome to the NinjaTrader forums!

    Yes, you can use the strategy wizard to create a strategy that will trigger based on bar patterns. You can, for example, use the indicator CandleStickPattern in the wizard to search for any of the patterns it can detect. You can also establish your own pattern.
    Paul H.NinjaTrader Customer Service

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      #3
      Thanks, i will see it

      Comment


        #4
        thanks, you can tell me how establish my own pattern.

        Comment


          #5
          Hello andarbe,

          Thanks for your post.

          As a simple example of a pattern, 2 down bars followed by an upbar could be created by comparing the Open to close of the current bar to the open to close of the prior bar to the open close of the bar prior to that. In the strategy wizard (and Ninjascript) a bar index of [0] would refer to the current bar, an index of [1] would refer to the previous bar and an index of [2] would be the bar before that.

          I've attached a screenshot of these "conditions" in the strategy wizard.

          You may want to review a recorded webinar of the strategy wizard training and another video that shows how to use the strategy wizard for creating alerts:
          Understand the fundamentals of basic strategy creation by developing an actual strategy using the NinjaTrader Strategy Wizard.3:23 Strategy Wizard Overview7:...

          Download NinjaTrader FREE at http://www.ninjatrader.comThis video demonstrates how to create alerts using the Strategy Wizard within NinjaTrader 7. NinjaTrad...
          Attached Files
          Paul H.NinjaTrader Customer Service

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