Enter On Next Open, Exit at Session End

[neuro_doc]

I am having some difficulty setting up a strategy that will:
a. Enter on Open of Bar.
b. Exit at Close of Bar.

A code snippet of how to accomplish this within a strategy would be greatly appreciated.
Thanks!

[NinjaTrader_Brett]

Hello,

This is only possible in realtime with NinjaTrader. As indicators and strategy only calculate on the close of the bar so it is not possible to open a new position until the the bar closes on each bar. This is for historical processing and backtesting.

You can however run an indicator or strategy with calculate on bar close = false in the parameters and this will run on every tick incomming into NinjaTrader. In which case you would use FirstTickOfBar to do this live.

http://www.ninjatrader.com/support/h...ttickofbar.htm

[neuro_doc]

Here is the problem in more detail:
1. At market close, calculate a signal.
2. On market open the next day, enter at market order.
3. That same day, if stop has not been triggered, close the position at 4:00. Repeat.

O--------C--------O--------C
----------(1)-------(2)------(3)

The backtesting system is not showing the entry until the Close of the NEXT bar, which is way too late.
O--------C--------O--------C--------O--------C
----------(1)-----------------(2)-----------------(3)
This is completely not what I need. I need for the trade to be in force for a maximum of one day, and to enter on the opening value of the upcoming trade session. How can I make this happen?
Thanks!

[neuro_doc]

I have found something which will very closely approximate what I am looking for of being able to enter on the next open in backtesting...

http://www.ninjatrader.com/support/f...ead.php?t=6652

The example download file does cover this, so it is definitely possible within NT.

Thanks!

[NinjaTrader_Brett]

Hello,

Glad you where able to find this that works for you!

Let me know if I can be of further assistance.