Gloabal Variables?

[bridenour]

I trade 1%-2% risk, but on day trades I find an individual trade frequently might use 50% of my equity with that risk profile. Its not a small account, but then again its not huge...

The system makes like 4-5 trades a day, and i think i can get with a shared balance i can get a more efficient use of my funds...might not make a huge difference but we will see.

I will report back with whether or not the static variable approach works...thanks!

[cunparis]

I trade 1%-2% risk, but on day trades I find an individual trade frequently might use 50% of my equity with that risk profile. Its not a small account, but then again its not huge...

The system makes like 4-5 trades a day, and i think i can get with a shared balance i can get a more efficient use of my funds...might not make a huge difference but we will see.

I will report back with whether or not the static variable approach works...thanks!

Sounds like you have thought this out well and I'm glad to see you have a small risk. I haven't found a strategy that can use 50% of my equity with a 2% risk.. in my strategies a 2% risk usually means 2 contracts max. I think I need to find strategies with lower risk.

Let me know how it goes. To test it I created a couple strategies that just entered randomly each bar (say 30% chance of entry) and I ran them and made sure that I never had two positions open at the same time. For some reason I did have 2 open at the same time! It's hard to debug.

I don't remember what I wrote in the other thread but what I did was I made a strategy to handle this account equity. I used synchronized methods to "lock" and "unlock" the equity.

[bridenour]

That explains it...I have a multiinstrument strategy that trades a bunch of 3x ultra etf's intraday -- thats where most of my balance can get allocated to a single position.

I am currently layering in some futures strategies...they don't trade very often and that's where the shared account balance would come in handy.

Thanks

[cunparis]

Here is my code for the account "lock"

Here is my code, I hope you will find it useful. I make no guarantees about it. For the most part it worked but when I ran the same strategy several times after a while (15-30 minutes?) I'd end up with two positions open.

I also include an example strategy that uses it.

After looking at the code I remember the difficulty: when you run a strategy you have to take into account the historical part, whether it locks or not. I also put an override in the strategy parameters because if the lock is in a "locked" state and you stop your strategies, you'll be stuck in the "locked" state. so the override let's you specify that it starts locked or unlocked.

it's more complicated than it seems in my opinion.

[Mindset]

Newbie question

Thanks for the code but as a relative newbie I wonder if you could suggest a "simple" route to take a variable from one indicator and plonk it in another?
In easy language I would use the global variable route but I am a bit unsure here - you don't seem to have used that route?

[NinjaTrader_JoshP]

Mindset,

Have you seen this reference sample? http://www.ninjatrader-support2.com/...ead.php?t=4991

[Mindset]

Call bearIndication variable

Josh

So how does one call the variable in another indicator?

private DataSeries bullIndication;
bullIndication  = new DataSeries(SampleBoolSeries());
Print(bullIndication[0].ToString());

This just seems to produce a string of zeros.

[cunparis]

Thanks for the code but as a relative newbie I wonder if you could suggest a "simple" route to take a variable from one indicator and plonk it in another?
In easy language I would use the global variable route but I am a bit unsure here - you don't seem to have used that route?

The code I posted is to share data between two strategies. If you are in a single strategy working indicators then it's a lot easier, you can just use the code in your strategy.

It's not clear to me exactly what you're trying to do. If you could be more descriptive and provide an example then I'm sure we could give you some help.

[NinjaTrader_JoshP]

Mindset,

You can do so exactly the same way it is done in the strategy reference over on an indicator.

[Mindset]

Just not getting this

I am sorry for being dim but the sample just isn't helping me! It shows me how to create a non plotted value but I have no idea how to call it in another indicator

I assumed I create a new data series of the samplebool
series and then call the indexed bar of that data series and up pops the value? But my example doesn't do that so I am lost ... (lol)
remember I only learnt C# 3 months ago so what might seem obvious to yourself is not so obvious to me.

cunparis

thanks for the offer and I feel v frustrated that I just don't get this but
lets say I want to call this sampleboolseries in another indicator?
What do I need to invoke it? Print it out to the output window for instance?

[Mindset]

Apologies

Sorry.
I did not realise there was a strategy as well as the indicator which shows exactly how to call the variable. Doh - a homer moment.

[Mindset]

Ha ha

ok so I followed the strategy example

Add(MACD(12, 26, 9));
Add(SampleBoolSeries());

and I get an invalid argument error in both.

[NinjaTrader_JoshP]

Mindset,

You cannot "add" other indicators to an indicator. You can reference other indicators, but you can't add them for charting.

[Mindset]

lightbulb goes on

Got it - thanks Josh

[mefTrader]

mkTrend, Have you used Global variables 2.2 version from Tradestation, which has the named varibales too with Ninja?