Referencing Close if CalculateOnBarClose set to false

[fiddy]

if you have CalculateonBarClose set to false because you want somethings like entry orders to update on each tick, how would you go about referencing the close of a bar (for example) a five minute bar if you are running a strategy on a chart with time interval of 5 minutes

[NinjaTrader_ZacharyG]

Hello fiddy,

Thank you for writing in.

What you could do is utilize the FirstTickOfBar property. What this does is check if the incoming tick that called OnBarUpdate() is the first tick of a new bar.

If this is the case, then print Close[1]. This will return the close value of the most recently closed bar.

Example:

// if the tick that called OnBarUpdate() is the first tick of a new bar, print the close value of the most recently closed bar
if (FirstTickOfBar)
     Print(Close[1]);

More information about FirstTickOfBar can be found here: http://ninjatrader.com/support/helpG...ttickofbar.htm

Please, let us know if we may be of further assistance.

[fiddy]

thanks

if you wanted to reference the open would you also be able to use open[1] in the same context

if (FirstTickOfBar)
{
open[1]
}

also if you wanted to reference two bars ago can you use Close[2] or does it not work like that? does this give two ticks ago result?

[NinjaTrader_ZacharyG]

Hello fiddy,

Using Open[1] in that context will provide the open price of the most recently closed bar.

Close[2] will provide the close value of the close bar two bars ago.

[bltdavid]

Close[2] will provide the close value of the close bar two bars ago.

You sure about that?

When COBC=false and FirstTickOfBar is true, you're saying that Close[2] is "close value of the close bar two bars ago"?

To the OP, try using Closes[0][2] to get the Close price of two bars ago.

See here:

http://ninjatrader.com/support/helpGuides/nt7/?closes.htm

[NinjaTrader_ZacharyG]

Hello bltdavid,

Using ...

if (FirstTickOfBar)
     Print(Close[2]);

... with CalculateOnBarClose = false will print out the close value two bars ago.

Please take a look at this short demonstration video: http://screencast.com/t/SHHLzZfYbta

[bltdavid]

Hello bltdavid,

Using ...

if (FirstTickOfBar)
     Print(Close[2]);

... with CalculateOnBarClose = false will print out the close value two bars ago.

Please take a look at this short demonstration video: http://screencast.com/t/SHHLzZfYbta

That's news to me.

The (very terse) documentation on FirstTickOfBar does not allude to this at all.

Can you attached your test script used in the video?

PS: See attached screenshot showing typo in NT8 documentation.

[NinjaTrader_ZacharyG]

Hello bltdavid,

The script I have used in my demonstration video is attached to this post.

I will be reporting the typo for IsFirstTickOfBar for the NinjaTrader 8 help guide. Thank you for catching this.