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    renko bars

    Hi i am new to this, and want to know if we can program a strategy on colored bars or we actually need numbers?

    Thx

    #2
    Welcome to our forums here - you can access the Open, High, Low, Close data of the current and past Renko bars and could use those for comparisons to create strategy conditions.

    i.e. if (Close[0] > Close[3])
    EnterLong();

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      #3
      Thank you for taking time to reply. I dont know nothing about codes or writing programs. I need to find someone that will help me.
      On the other hand, i could use something as simple as buying 2 cont of let say CL, when the price bar crosses the 20sma, selling one after a certain amount of tick, and reversing the trade going back in 2 cont the other way when the price bar crosses back the 20sma
      Thx
      Last edited by The Admiral; 02-21-2013, 05:47 AM.

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        #4
        You are welcome - for professional custom code creation you could look into those consultants - http://www.ninjatrader.com/partners#...pt-Consultants

        For getting started without programming, you could also look into our point and click Strategy Wizard interface - http://www.ninjatrader.com/support/h...egy_wizard.htm

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          #5
          Yes i know all of that. I guess i would need to participate to a live webinar and ask questions.
          I want to use a bar price and SMA to trigger the buy or sell. Can this be done?

          Thx

          Comment


            #6
            Yes, that could be done via the wizard - you can check for the Close Price on the left side (in the condition builder) and for the SMA on the right side and setup your relation for an entry then, for example demanding the Close to CrossAbove the SMA value of your Period choosing. On this event happening you would then send an order in the script in the 'action' section.

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