BarsSinceExit()

[cboat]

I am having trouble with my strategy. When I use the BarsSinceExit method in my entry condition. I have no trades executed. My entry signal looks something like this

if (PPO(Fast, Slow, Smooth)[0] < Bent && Position.MarketPosition == MarketPosition.Flat && BarSinceExit() < 10)
{

}

My guess is that since there is not a first trade of the day BarSinceExit never meets it's requirements. Is there any easy way to fix this?

[NinjaTrader_RyanM1]

Hello Cboat,

Yes, coding an entry condition based on BarsSinceExit will effectively prevent any entries and the needed exits from happening.

One solution I'm aware of here is using bool flags to create a sequence that allows the BarsSinceExit() condition to be active only after the first exit.

PseudoCode example of this:

private bool tradedOnce = false;
private bool firstTrade = true;

if (entryConditions && firstTrade)
firstTrade = false;
Enter()

if (exitConditions)
tradedOnce = true;
Exit();

if (entryConditions && tradedOnce && barsSinceExitCondition)
Enter();

If this is something you would like reset at the beginning of the day, see the reference sample below on this:
Resetting values at the beginning of new trading sessions