Bar close

[cozar534]

Let's see if I explain it well:

I wan't to use an strategy that if the last bar is close price > last bar open price then Enter long position and Exit long position when the actual bar closes. And when last bar close price < last bar open price then Enter short position and Exit short position when the actual bar closes.
I mean a trade per bar.
How can I do that with the wizard? The Enter position is ok, but not the Exit

[NinjaTrader_JoshP]

cozar534,

You can't enter and exit on the same bar in backtesting because you do not have enough granular information. You have OHLC at the close of each bar. This means you can calculate your strategy once at the end of each bar. At bar close, you place an order at the open of the next bar. When you try to evaluate the exit you do so at the close of the bar you entered. Since the bar has closed, you can only exit at the open of the next bar (which is also the same event as the close of the previous bar).

[cozar534]

So I cannot backtest this Strategy, can I?

[NinjaTrader_JoshP]

cozar534,

Technically you can, but it requires more tweaking than what the Strategy Wizard can offer. You would need to do what is outlined in this article: http://www.ninjatrader-support2.com/...ead.php?t=6652

[cozar534]

Ok, thanks, I'll try it