And/OR in Strategy

[theiliad2000x]

Hi,

When using the wizard to create a strategy for an alert, are the "sets" using "and" or are they using "or" to compile the strategy?

That is, if set 1 specifies an alert to go off when 50dma crosses above 200dma and set 2 specifies to give an alert when 50dma crosses below 200dma will I get an alert because the strategy will consider this an "or" (either one of the sets occurs), or will I never get an alert because this is an "and" function, and hence you obviously can't have both happen at the same time?

One other question: What's the difference between creating a bunch of sets with one condition in each of them them, versus creating those same conditions but all in one set?

Thanks!

[NinjaTrader_Austin]

Hi there. The individual sets use AND (&&) for comparision. For example, if you have two items in set 1:

1. if (Close[0] >= 100)
2. if (Close[0] < 100)

the set would never be true or execute because there isn't anything that can satisfy both of those conditions at once.

If you want to get a feel for how the wizard works, you can always click the "view code" button and see what code gets generated.

[theiliad2000x]

Thanks for the answer.

One other thing...

I know that I can save a chart layout template and have that same template load the same way with the same indicators etc... every time I start a new chart w/ that template.

Is there any way to do this for the strategies as well? Right now, every time I start a new chart using a template I have to manually add my strategy to each and every one; is there a way to save the strategy into the template so it loads with the chart automatically every time?

Thanks!

[NinjaTrader_Austin]

Unfortunately not with NinjaTrader 6.5. This was a key point addressed in NinjaTrader 7:
Persistence between sessions
Strategies will now be maintained between NinjaTrader shutdown and restart. On restart, you can multi-select strategies in the Control Center Strategies grid and enable all strategies to run in a single click. You can disable, change parameters and re-enable a strategy. You can now also save a set of parameters as default. You no longer have to re-add strategies every time you restart NinjaTrader.