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Multiple support/resistance points

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    Multiple support/resistance points

    I calculate several reversal points every day using Esignal. The levels change on a daily basis and they vary from security to security.

    I have a couple of questions:

    1) Can NinjaTrader pull the calculated levels out of my Esignal add-in so I can somehow automate the trading?

    2) Can NinjaTrader be programmed with certain rules such that each time it hits support/resistance a particular trade is executed?

    Thanks.


    Dax

    #2
    You would need to custom code a NinjaScript strategy to
    a) calculate the support and resistance levels
    b) trigger trades as appropriate

    Another option would be leave all calculations in eSignal and only trigger trade signals by eSignal EFS to NT ATI.

    Comment


      #3
      Originally posted by NinjaTrader_Dierk View Post

      Another option would be leave all calculations in eSignal and only trigger trade signals by eSignal EFS to NT ATI.
      Can you clarify what this means? How would I learn more about this?

      Comment


        #4
        I suppose you have some eSignal EFS code in place which already does your custom calculations. If no, then this option would be void. If yes, then you could add code to your eSignal EFS script to place trades in NT via ATI. Please see the help guide http://www.ninjatrader-support.com/H...helpguide.html
        Automated Trading->Automated Trading Interface->eSignal integration

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