Problem with donchian breakout alert

[christoph_schober]

Hi guys,

i have a problem with donchian breakout alert.

I want to have a alert which screens the instruments in my market analyzer for positions which breakout/touch the upper/lower donchian channel lines.

Since i don't find any solution to this problem i tried to code something in the strategy wizard.
This code should set an alert if the upper donchian channel line was touched.

My code looks like this:

{

CalculateOnBarClose = true;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Condition set 1
if (Close[0] >= DonchianChannel(20).Upper[0])
{
Alert("MyAlert820", Priority.High, "test", "", 0, Color.White, Color.Black);
}



...and it doesn't work.

Best solution would be to set a different color for the position in the market analyzer if the position was touch the upper/lower donchian channel line.(20 days and 20 weeks channel)

Is this possible?


Thanks Chris

[NinjaTrader_PatrickH]

Hello christoph_schober,

Thank you for your post and welcome to the NinjaTrader Support Forum!

I have tested your code inside an indicator and it works as expected. I used a Session Template of Default 24/7 in the Market Analyzer (right click > Properties > Session Template) and connected to the Simulated Data Feed to drive the markets up to the required levels (File > Connect > Simulated Data Feed).

I have attached the indicator I used to this response so you may try it out on your end. You can import the indicator by first downloading the .Zip archive and then going to File > Utilities > Import NinjaScript > select the file > Open.