Multi-time frame: In which order are the Bars objects updated?

[noincomenojobnoassets]

Hi guys,

I have a very simple multi-time frame tryout strategy:

The script checks the 1-minute and the 5-minute charts for "long" bars (close > open). If it finds the last 1-minute bar was a "long" bar AND the last 5-minute bar was a long bar as well, it buys the stock.

The problem is: It works well except for the times when both the 1- and the 5-minute bars update.

An example:

2.40pm: The 5-minute bar closes at "long" (close > open).
2.41pm: The 1-minute bar closes at "long" -> strategy buys stock -> ok.
2.42pm: The 1-minute bar closes at "short" (close < open).
2.43pm: The 1-minute bar closes at "long" -> strategy buys stock -> ok.
2.44pm: The 1-minute bar closes at "short" (close < open).
2.45pm: The new 5-minute bar closes at "short" (close < open). The 1-minute bar closes again at "long" again. Although the system shouldn't do anything now (since the newly-updated 1- and 5-minute bars do not both show "long"), it buys the stock. I assume it still thinks the 2.40pm 5-minute bar to be the current one.

Is there a way I can tell the system to "wait" for the update of the 5-minute bar? Or can I somehow pause or delay the code execution to make sure the most recent 5-minute bar is being taken into account?

Thanks,

n.i.n.j.n.a.

[NinjaTrader_JoshP]

You need to add your bar series in the proper order. Largest to smallest. 5min should be your primary, 1min secondary.

Then you will get this sequence:
12:00PM 5min
12:00PM 1min
12:01PM 1min
12:02PM 1min
12:03PM 1min
12:04PM 1min
12:05PM 5min
12:05PM 1min

Evaluate your trades on the 1min. At 12:00, you have the most up-to-date 5min and 1min values. At 12:05, you also have the most up-to-date 5/1min values. Do not process on the 5min or else you will not have the most recent 1min values.

[noincomenojobnoassets]

Works! Damn, you know your stuff......!

One more thing: Since I'm now running/selecting the strategy on the 5-minute chart (with the 1-minute Bars objects added in the Initialize section), everything I plot is also plotted on the 5-minute chart.

For example, I have the strategy plot little diamonds when it goes long. So I'm getting, for example, 3 little diamonds plotted in the same bar on the 5-minute chart when 3 of the underlying 1-minute bars match their criteria.

Can I also have the system plot everything on the 1-minute chart instead?

Thank you very much,

n.i.n.j.n.a.

[NinjaTrader_JoshP]

Unfortunately plotting is relative to the primary. Multi-series charting will be available in NT7.

[noincomenojobnoassets]

looking forward to NT7 then

Thank you!