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richp6
09-29-2010, 07:34 AM
Here is my dilemma.

If I have calculate on bar close = true, then my indicators work and calculate correctly, but then I'm not entering the trade until the bar closes, which is not my goal.

If I have calculate on bar close = false, then my indicators don't calculate the way I want them to, but my entry is perfect.

Essentially I am calculating a value that is below the current market price (if going short) or above the current market price (if going long). And I want the order to trigger as soon as that price is hit.

What is the best way to code this? I am currently using a buystop/sellstop order, but that order is being updated everytick and flooding my output window. I'm guessing there is a more efficient way to code this.

Thanks,

Rich

NinjaTrader_Brett
09-29-2010, 07:47 AM
Hello,

Thank you for your forum post.

If you need your orders to be on a tick by tick bases but want your indicator values to update on a bar by bar bases this is possible.

You will want to use FirstTickOfBar and put your indicator update logic in here.then update your orders in OnBarUpdate with COBC = False.

The best of both worlds :)

http://www.ninjatrader-support.com/HelpGuideV6/FirstTickOfBar.html


Let me know if I can be of further assistance.

richp6
09-29-2010, 07:55 AM
I knew it could be done. Thanks!!!