pivot indicator

[andrew100]

Hi,

How can I display daily pivots lines on intraday charts?

Andrew

[NinjaTrader_Austin]

Andrew, you can just apply the Pivots indicator to an intraday chart. From the chart, open the indicators window and then double-click on Pivots to add it.

[DarthTraderson]

Andrew, you can use the PivotPoint-Indicator shipped with NinjaTrader.
Here is an example, if you want to add it in your strategies:

Add(Pivots(PivotRange.Daily, HLCCalculationMode.DailyBars, 50));

I guess you are interested in the HLCCalculationMode parameter.

DT

[andrew100]

Thanks guys,

How do I go about about buy / sell at pivot point value?

How do I add it into the EnterLong / EnterShort function?

Thanks,
Andrew

[NinjaTrader_Bertrand]

Andrew, you can try for example starting with this simple snippet to go long if Close crosses over the PP -

 
if (CrossAbove(Close, Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 20).PP, 1))
{
EnterLong(DefaultQuantity, "");
}

[andrew100]

Thanks,

I would like to enter long if close crosses above previous day close and enter short if close crosses below previous day close. My code is below, I try it on the 15min chart but there doesn't seem to be any trade that gets entered. Is there something wrong with the code?

protected override void Initialize()
{
Add(Pivots(NinjaTrader.Data.PivotRange.Daily, NinjaTrader.Data.HLCCalculationMode.CalcFromIntrad ayData, 20));
Add(Pivots(NinjaTrader.Data.PivotRange.Daily, NinjaTrader.Data.HLCCalculationMode.CalcFromIntrad ayData, 20));
SetProfitTarget("", CalculationMode.Price, 28);
SetStopLoss("", CalculationMode.Price, 60, false);

CalculateOnBarClose = true;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if (CrossAbove(Close, Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 20).PP[-1], 1))
{
EnterLong(DefaultQuantity, "");
}

// Condition set 2
if (CrossAbove(Close, Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 20).PP[-1], 1))
{
EnterShort(DefaultQuantity, "");
}
}


Thanks in advance,

Andrew

[NinjaTrader_Josh]

Andrew,

You are using [-1] which is not allowed. You cannot use a negative index value. [0] means current bar, [1] means previous bar, [2] means bar before that. [-1] doesn't mean future bar, it is not allowed and actually throws an error which should be viewable in the Control Center log.

Please adjust this and it should work better.

[andrew100]

Thanks Josh,

There either seem to be something wrong with my entry or exits, my exits are as follows;

protected override void Initialize()
{
Add(Pivots(NinjaTrader.Data.PivotRange.Daily, NinjaTrader.Data.HLCCalculationMode.CalcFromIntrad ayData, 20));
Add(Pivots(NinjaTrader.Data.PivotRange.Daily, NinjaTrader.Data.HLCCalculationMode.CalcFromIntrad ayData, 20));
SetProfitTarget("", CalculationMode.Ticks, 28);
SetStopLoss("", CalculationMode.Ticks, 60, false);

CalculateOnBarClose = true;
}


Essentially what I am after is profit at entry +28 pts and stoploss at -60pt.

Please see pic of backtest.

THanks for your help,

Andrew

[NinjaTrader_Bertrand]

Andrew, strange it seems to be submitted at price instead of ticks - which NT version you running? Please check under Help > About and ensure this is the latest 6.5.1000.14.

[andrew100]

thats the version I got.

Andrew

[NinjaTrader_Bertrand]

Andrew, any way you could attach the script so I can check into it on my end?

[andrew100]

OK,


// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
/// <summary>
/// Enter the description of your strategy here
/// </summary>
[Description("Enter the description of your strategy here")]
public class Pivot3 : Strategy
{
#region Variables
// Wizard generated variables
private int myInput0 = 1; // Default setting for MyInput0
// User defined variables (add any user defined variables below)
#endregion

/// <summary>
/// This method is used to configure the strategy and is called once before any strategy method is called.
/// </summary>
protected override void Initialize()
{
Add(Pivots(NinjaTrader.Data.PivotRange.Daily, NinjaTrader.Data.HLCCalculationMode.CalcFromIntrad ayData, 20));
Add(Pivots(NinjaTrader.Data.PivotRange.Daily, NinjaTrader.Data.HLCCalculationMode.CalcFromIntrad ayData, 20));
SetProfitTarget("", CalculationMode.Ticks, 28);
SetStopLoss("", CalculationMode.Ticks, 60, false);

CalculateOnBarClose = true;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if (CrossAbove(Close, Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 20).PP[1], 1))
{
EnterShort(DefaultQuantity, "");
}

// Condition set 2
if (CrossBelow(Close, Pivots(PivotRange.Daily, HLCCalculationMode.CalcFromIntradayData, 20).PP[1], 1))
{
EnterLong(DefaultQuantity, "");
}
}

#region Properties
[Description("")]
[Category("Parameters")]
public int MyInput0
{
get { return myInput0; }
set { myInput0 = Math.Max(1, value); }
}
#endregion
}
}




Thanks,

Andrew

[NinjaTrader_Bertrand]

Andrew, I don't see I reason why you should see this strange behavior noted - does for example our SampleMACrossOver strategy work for you properly?

If not, I would suggest doing a clean install of the latest NT 6.5.1000.14 and then rechecking.

Thanks

[andrew100]

Thanks Bertrand,

It worked after I did a reinstall, just one other question.

I would like to enter only once per session (day)

I found the following code on another thread, but where do I enter it in my code below?



// in variables section
private bool canTrade = true;

OnBarUpdate()
{
if (SessionBreak)
canTrade = true;

if (long trade conditions are met)
{
canTrade = false;
EnterLong(...);
}

if (short conditions are met)
{
canTrade = false;
enterShort(...);

}

Thanks,

Andrew

[NinjaTrader_Josh]

Andrew,

You would place that inside your OnBarUpdate() method over your trade logic.