Buy on the Open of the day.

[Ironman9973]

I would like to buy or sell on the Open of the day.

So, is it possibel to place an order on the open of a bar?

Or is the only possibility to go on lower timeframes?

[NinjaTrader_Joydeep]

Hello Ironman9973,
Yes, you can place an order at the open of the day. Please use the below code to do it.

if (Bars.FirstBarOfSession && FirstTickOfBar)
{
  //do something
}

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?firstbarofsession.htm

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?firsttickofbar.htm

[Ironman9973]

Thank you. But I have one more question.

I would like to buy on the open of today, only if the open of today is greater then the close of yesterday. A Gap.

Is this possibel?

[NinjaTrader_Joydeep]

Hello Ironman9973,
Yes, you can do so using the PriorDayOHLC indicator. You have to define a "gap" for it. For example if current open is 10 ticks above the prior days high then do something

if (Bars.FirstBarOfSession && FirstTickOfBar && Open[0] + 10 * TickSize > this.PriorDayOHLC().PriorClose[0])
{
   //do something
}

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?prior_day_ohlc.htm

[Ironman9973]

That does not work the way I like. I get my execution not on the open of the day.
The execution is always on the open of the second bar of today.

[NinjaTrader_Joydeep]

Hello Ironman9973,
To assist you further may I know what Calculate on bar close you are using while initializing the strategy.

I look forward to assisting you further.

[Ironman9973]

I set the Calculate on bar close to false. But it is still not working
Thanks.

[NinjaTrader_Joydeep]

Hello Ironman9973,
To assist you further can you please send a toy NinjaScript code* replicating the behavior to support[AT]ninjatrader[DOT]com

Please append Attn:Joydeep in the subject line of the email and give a reference of this thread in the body of the email.

I look forward to assisting you further.

*The "toy" just means something that is a stripped down version that isn't necessarily the whole logic. It makes things easier to rout out.