how to refer to the price of previous entry?

[justmake]

Hello,masters,

Is there any way I can refer to "the price of previous entry buy point" by using Ninja Script Wizard?

For example:
I want to buy another 100 shares once the current price drop 5% "below the previous buy entry point. So I want to add a condition in the wizard which says:
when current price< previous entry price*(1-5%)
then buy 100 shares more

Since I am not sure "how many bars ago" I entered the previous buy point. Is there any other way refer to the "previous entry price"?

thanks,
Justmake

[NinjaTrader_Ray]

Unfortunately not, you can only referece the open positions' average entry price.

[justmake]

Hello,Ray,

Thanks for reply. Is there any way for me to refer to the previous entry price in
Ninja Script language?

thanks,
Justmake

[NinjaTrader_Josh]

You can save the current position's avg entry price into a temporary variable. That will grant you access to it in the future. Definitely doable with custom programming in NinjaScript.

[justmake]

Thanks for the answer,Josh.
Do you offer the service of writing customized ninja script ?
how would you charge it?
Justmake

[NinjaTrader_Ray]

No.

Here is a current list of available NinjaScript consultants available for contract work.

http://www.ninjatrader.com/webnew/pa...injaScript.htm

[no111]

Let say the strategy isfilled with quantity of 2.

When i'm trying this, see attachment..

it doesnt work?

[NinjaTrader_Tim]

Hi no111,

Can you clarify a little on what you are intending to do?

Position.AvgPrice will return the average price of a strategy's position.

More info at - http://www.ninjatrader-support.com/H....html?AvgPrice

[no111]

Originally Posted by NinjaTrader_Tim

Hi no111,

Can you clarify a little on what you are intending to do?

Position.AvgPrice will return the average price of a strategy's position.

More info at - http://www.ninjatrader-support.com/H....html?AvgPrice

I want to add on the position if close[1] > close[0]

[NinjaTrader_Tim]

Hi no111,

This can be done using the wizard as well, and the logic descrsibes....

"if the close of the previous bar is greater than the close of the current bar"

[no111]

Originally Posted by NinjaTrader_Tim

Hi no111,

This can be done using the wizard as well, and the logic descrsibes....

"if the close of the previous bar is greater than the close of the current bar"

I know, thanks.
But I want that only if there is already a position of 2.
How do I set that.

My purpose is to average in..

[NinjaTrader_RyanM]

Hello no111,

This is controlled through EntriesPerDirection and EntryHandling properties. These properties can be hard coded or set when you run the strategy.

If you want to access the current position, you can access this in the wizard under Strategy > Current Position size.

[no111]

Max. entries: 66.

When RSI is below 25; 2 long.

So the nextbar should be added by 3 because of: if (Position.Quantity == 2)
{
EnterLong(3, "long3");
}

But it doesn't.. what is wrong?

PHP Code:

protected override void Initialize()
        {
             EntriesPerDirection = 66; 
            EntryHandling = EntryHandling.AllEntries; 
            Add(SMA(200));
            Add(RSI(2, 3));

            CalculateOnBarClose = true;
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {

            // Condition set 2
            if (Close[0] > SMA(200)[0]
                && RSI(2, 3).Avg[0] < 25
                && RSI(2, 3).Avg[1] < 25)
            {
                EnterLong(2, "long2");
            }
            

            // Condition set 3
            if (Position.Quantity == 2)
            {
                EnterLong(3, "long3");
            }

            // Condition set 4
            if (RSI(2, 3).Avg[0] > 70
                && Position.MarketPosition == MarketPosition.Long)
            {
                ExitLong("exit", "");
            }
        }

        #region Properties
        [Description("")]
        [Category("Parameters")]
        public bool MyInput0
        {
            get { return myInput0; }
            set { myInput0 = value; }
        }
        #endregion
    }
} 


[no111]

Does anyone know how to fix this?

[NinjaTrader_Tim]

Hi no111,

If the only condition is Quantitiy==2, you could simply enter with 5 contracts initially.

If you're looking to add more conditions to that, start by adding Print()s to ensure your condition is being met and entered.
More info at - http://www.ninjatrader.com/support/f...ead.php?t=3418

Also, it may take another bar for it to recognize the initial contracts.

Check for any errors in the Log tab while running the script.