Programming a Pullback

[123r34]

I am having a problem programming the Strategy Wizard and would appreciate some suggestions. I am using a 200 SMA as a trendline and that is programmed in correctly. In an uptrend I would like to buy when the price on the ES pulls back(goes down)16ticks.
What is the Strategy Wizard programming to buy when the price backs up 16 ticks?

Thank you
Mark

[NinjaTrader_Josh]

Mark,

You would need to first outline more details as to what you want. You want to have the pull back from what point exactly?

[123r34]

Hello Josh,

I was hoping the Strategy Wizard was capable of doing an entry when the price pulled back (16 ticks example) from the last high. Less desirable would be a 16 tick pull back in as an example, 10 bars back. I am just looking to buy pullbacks in an uptrend. The uptrend/downtrend filter using a long term SMA was easy. I want to buy pullbacks against those trends.

Thanks for any ideas you have

[NinjaTrader_Josh]

Try this in the Condition Builder:

On the left, select Indicator->MAX. In the bottom left Parameters, select "Input series" and select Price->High. Set the period to how many bars you want to check back for the highest high. In "Offset", type in -16. Make sure the offset mode is set to Ticks.

On the right, select Price->Close. barsAgo = 0.

In the middle, select <=.