Example: The close crosses above a moving average at 1000, I wish to go long when the price is 2% above that point or 1020.
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Percent Above/Below Price Crossing
Instead of going long when a price (close) crosses above a moving average, is there a way in the Strategy Wizard to setup when the price (close) crosses above a moving average by a certain percentage, then go long.
Example: The close crosses above a moving average at 1000, I wish to go long when the price is 2% above that point or 1020.Tags: None
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I used the Wizard to go long when the close crosses above the moving average. What changes must I make to the generated code (See Attachment) to go long when close is 2% above the crossing point.Attached Files
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StarBright2009, unfortunately we don't provide custom coding services, a NinjaScript consultant could be a valuable resource here - http://www.ninjatrader.com/webnew/pa...injaScript.htm
Generally, you would save your the price value at the cross over to a variable then compare it to the current, most recent Close price to determine when it's higher by 2% to trigger an entry for example.
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