Entry restriction

[amit_rwd]

HI guys i would appreciate if get a bit of help ..

I want to restrict my startegy to have only 1 long and 1 short trade per session . my session is time between 10 and 2 pm.

can i program this on strat analyzer ?

[NinjaTrader_JoshP]

amit_rwd,

As you place in a long trade, set a bool variable to true that prevents future long trades. Do this for shorts as well. When a new session starts, reset the bool to false.

Untested pseudo-code to give you an idea.

if (Bars.FirstBarOfSession && FirstTickOfBar)
{
     longTrade = false;
     shortTrade = false;
}

if (longTrade == false && some other entry conditions)
{
     EnterLong();
     longTrade = true;
}

if (shortTrade == false && some entry conditions)
{
     EnterShort();
     shortTrade = true;
}

[amit_rwd]

cheers Josh

seems i have got somethings wrong here is what i wrote
How do i need to declare longtrade in variable section ? so script can recognise longtrade function

protected override void OnBarUpdate()
{

if (Bars.FirstBarOfSession && FirstTickOfBar)
{
longTrade = false;
shortTrade = false;
} // Condition set 1
if (ToTime(Time[0]) == ToTime(10, 0, 0))
{
Variable0 = MAX(8)[0];
Variable1 = MIN(8)[0];
}

// Condition set 2
if (longTrade == false && ToTime(Time[0]) >= ToTime(10, 0, 0)
&& ToTime(Time[0]) <= ToTime(14, 0, 0)
&& Close[0] >= Variable0

{
EnterLong(DefaultQuantity, "");
longTrade = true;
}

[NinjaTrader_Bertrand]

amit_rwd, you would need to add to your Variables section -

 
private bool longTrade;
private bool shortTrade;

[amit_rwd]

thx a mill it is working...