Only one trade per day

[Thomas79]

Hi

i have a script but i would like only one trade per day, not more.

how can i limit the script to one trade per day ?

Thx
Thomas

[NinjaTrader_CalH]

Hi Thomas,

Thank you for your post.

You can create a variable that after the first trade is placed it changes the value of that variable so that it no longer returns true for the condition.

Example -

if(myVariable == 1 && SMA(14)[0] > Close[0])
{
     EnterShort();
     myVariable = 2;
}

if(myVariable == 2 && SMA(14)[0] < Close[0])
{
     ExitShort();
     myVariable = 0;
}

This is essentially will create a switch for the script to no longer trade after the full trade is complete.