trade direction filter

[walter79]

Hello,

i submit my orders via chart trader but sometimes when things are hectic i loose market overview and make trades in the wrong direction.

Is there any possibility to limit the trade direction depending on an indicator value? For example i would like to setup a rule/filter that i can only trade in the direction of the SMA.

Maybe it could be coded into the indicator to disable/enable the chart trader menu items and buttons?

Thanks
Walter

[NinjaTrader_PatrickH]

Hello Walter,

Thank you for your post.

This is possible, although it requires the use of methods outside the supported bounds of NinjaScript.

As NinjaScript is based on the Microsoft programming language C#, it is possible to create your own forms or toolbars within NinjaTrader.

An example of a custom toolbar can be found at the following link: http://www.ninjatrader.com/support/f...d=5&linkid=490

While this is outside the bounds of supported NinjaScript, if you have a question I may be able to point you in the right direction.

Please let me know if I may be of further assistance.

[koganam]

Hello,

i submit my orders via chart trader but sometimes when things are hectic i loose market overview and make trades in the wrong direction.

Is there any possibility to limit the trade direction depending on an indicator value? For example i would like to setup a rule/filter that i can only trade in the direction of the SMA.

Maybe it could be coded into the indicator to disable/enable the chart trader menu items and buttons?

Thanks
Walter

bool DoNotTrade = ... //you specify those conditions here
 
if (DoNotTrade)
{
ChartControl.ChartTraderEnabled = false;
ChartControl.ChartTraderSupported = false;
ChartControl.ChartTraderVisible = false;
}

Turn them back on when you want to use the Chart Trader.

Remember that ChartControl is still not supported by NT, so they will answer no questions if you have any.