Buysellpresure Question

[tomonly23]

Hello everyone i am trying to incoperate the Buysellpresure into a strategy however I must be doing it wrong because it only shows the 50% line. I am trying to set a condition so that if the buypresure is greater than 80% for a period of 10 seconds then trigger a long entry and of course the opposite is true for a short entry. I do understand that this indicator in strategy can not be backtested, I plan to experiment on a live basis in simulation mode. If anyone can help it would be great, thanks in advance.

[NinjaTrader_Tim]

Hi tomonly23,

This appears to be an issue with the CalculateOnBarClose setting.

First, ensure COBC = false in the strategy.

Then, edit the BuySellPressure indicator, and create a new instance of it under another name. (Tools>Edit NS>Indicator>Right click>Save As>BuySellPressure2) Edit the indicator and completely delete the CalculateOnBarClose = false; line from the Initialize() section. Compile the indicator.

Now, call that new instance of the indicator from your strategy.

[tomonly23]

Quick Reply

Thanks for your help Tim,

One further question, I can not seem to figure out how to use the BuySellVolume in a strategy basically I would like to set a condition where if the "Buys" is greater than 80% of the BuySellVolume bar then trigger a long entry and vise versa.

Thanks Tom

[NinjaTrader_Tim]

Hi tomonly23,

The BuySell Volume indicator can not be accessed programmatically. Alternatively, use the BuySell Pressure indicator for programmatic access.

You can access the BuySellPressure() with something like....

if (BuySellPressure(Close).BuyPressure[0] > 80)
do something;

More info at - http://www.ninjatrader-support.com/H...uySellPressure