Automatic five bar strategy

[heyligerb]

Hi,

I'm trying to setup a strategy that trades the another instrument based on the action of IBM. However, when I apply the strategy to the instrutment I'm trading, it seems to execute the trade based on the action of the instrument I'm trading, and not the action of IBM.

Any pointers on what I'm doing wrong?

Here is my code:

private int tradesize = 5;
private double stoppoints = 6;
private double profitpoints = 3;

private IOrder LE = null;
private IOrder SE = null;
private IOrder LSL = null;
private IOrder LPT = null;
private IOrder SSL = null;
private IOrder SPT = null;

#endregion

/// <summary>
/// This method is used to configure the strategy and is called once before any strategy method is called.
/// </summary>
protected override void Initialize()
{
CalculateOnBarClose = true;

//Adding IBM Period Chart
Add("IBM", PeriodType.Minute, 1);
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
//Trade creteria'
if (Open[4] < Close[4]
&& Open[3] < Close[3])

// Enter short if true
SE=EnterShort(0,tradesize,"SE");
}

[NinjaTrader_Ben]

Hello,

Yes, you will want to isolate your code using BarsInProgress. This link will help:

http://www.ninjatrader-support.com/HelpGuideV6/helpguide.html?MultiTimeFrameInstruments