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Price crosses above or below

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    Price crosses above or below

    Hi I am trying to develop my first strategy with the Wizard. I would like it to go short when it crossed BELOW indicatorA and the second,third or fourth candle closes below indicatorA by 4 ticks or more after it has crossed. (EMA indicator as an example) Only take trades between 9.50AM and 3:40PM.

    Conditon builder code:
    ///<summary>
    /// Called on each bar update event (incoming tick)
    ///</summary>
    protectedoverridevoid OnBarUpdate()
    {
    // Condition set 1
    if (ToTime(Time[1]) >= ToTime(9, 50, 0)
    && CrossBelow(Close, EMA(
    14), 1)
    && Close[
    0] + 4 * TickSize >= EMA(14)[0]
    && ToTime(Time[
    0]) <= ToTime(15, 40, 0))
    {
    PlaySound(
    @"C:\Program Files (x86)\NinjaTrader 6.5\sounds\Alert1.wav");
    EnterShortLimit(DefaultQuantity,
    0, "");
    }

    Attached pics to illustrate.

    Thanks
    Attached Files
    Last edited by Trad3r; 10-31-2009, 04:44 PM.

    #2
    Hello,

    What is it doing or not doing?

    I noticed that you want it to look at multiple bars back (4). This line only looks at the current bar because of [0]:
    Close[0] + 4 * TickSize >= EMA(14)[0]

    You will need to use the 'bars ago' option and have multiple conditions to capture the multiple bar checks. At least that is one way to do it, which I feel is the easiest.
    DenNinjaTrader Customer Service

    Comment

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