Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Looking for Box Play on Candle

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Looking for Box Play on Candle

    I want to develop a basic box strategy. It would work as follows:

    1. Identify candle to use based on time of day (say 10 AM).
    2. Place a box order (using an OCO order) above and below that 10 AM candle a certain threshold (say 4 ticks).
    3. If filled, trail the stop using the high or low (depending on long/short entry) of the previous candle.

    I tried to use the wizard to generate something like this, but it seemed too basic. Can anyone lend ideas?

    TIA,

    Jimmy Dee

    #2
    Jimmy Dee, welcome to our forum - for this you would need to work in the NinjaScript editor to code your OCO logic for entry orders. Please also review the 'Internal Order Handling Rules' as you can easily run into those when following such an approach (last section) - http://www.ninjatrader-support.com/H...verview36.html

    For NinjaTrader 7 we'll provide a new unmanaged order submission feature that adds more flexibility - http://www.ninjatrader.com/webnew/NT7/NinjaTrader7.html
    BertrandNinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by llanqui, Today, 03:53 AM
    0 responses
    6 views
    0 likes
    Last Post llanqui
    by llanqui
     
    Started by burtoninlondon, Today, 12:38 AM
    0 responses
    10 views
    0 likes
    Last Post burtoninlondon  
    Started by AaronKoRn, Yesterday, 09:49 PM
    0 responses
    15 views
    0 likes
    Last Post AaronKoRn  
    Started by carnitron, Yesterday, 08:42 PM
    0 responses
    11 views
    0 likes
    Last Post carnitron  
    Started by strategist007, Yesterday, 07:51 PM
    0 responses
    14 views
    0 likes
    Last Post strategist007  
    Working...
    X