A simple strategy

[benlau]

Hi, Ninja.

I am a fish in writting the strategy script.

I am going to make such a simple strategy firstly, but I still feel it is very difficult for me.

The strategy is:

if MSFT's price hit the trigger (close>open+2), then long IBM 100shares, after that if MSFT's price hit the trigger( close<open-5), close the long position.

Could you supply me with some main script code?

Regards,
Ben

[NinjaTrader_Cameron]

Hello Ben,

Thank you for your post.

To clarify, are you running this strategy on a MSFT or IBM chart?

This will determine what second data series you will need to add, and how the orders will be managed.

Since this is classified as a Multi-Time Frame & Instrument strategy, please take some time to read the following section of the Help Guide.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?multi_time_frame__instruments.htm

[benlau]

Hello Ben,

Thank you for your post.

To clarify, are you running this strategy on a MSFT or IBM chart?

This will determine what second data series you will need to add, and how the orders will be managed.

Since this is classified as a Multi-Time Frame & Instrument strategy, please take some time to read the following section of the Help Guide.
http://www.ninjatrader.com/support/h...nstruments.htm

Hello Cameron,

I am not running this strategy on a MSFT or IBM chart even if it is possible.

I just want to make an easy logic here and implement the strategy in easiest way:

1) if (MSFT today's latest price , from IB) >
(MSFT today's open price , a constant) + (a price offset)

then
Buy IBM 100shares with the market order.


2) after that

if (MSFT today's latest price , from IB) <
(MSFT today's open price , a constant) - (a price offset)

then
Sell IBM 100shares with the market order.

that's it.

Regards,
Ben

[NinjaTrader_Cameron]

Ben,

You will need to run this strategy with either MSFT or IBM as the primary data series.

If you were running the strategy on MSFT, sample code for going long would be as follows:

protected override void Initialize()
{

Add("IBM", PeriodType.Minute, 1); // BarsInProgress/BarsArray == 1
}

protected override void OnBarUpdate()
{
if (CurrentBars[0] < 0 && CurrentBars[1] < 0)
return;

if (BarsInProgress == 0)
{
if (Close[0] > CurrentDayOHL().CurrentOpen[0])
EnterLong(0, 100, "Buy IBM");
}
}


More information can be found at the following links:

Entering, Exiting and Retrieving Position Information - http://www.ninjatrader.com/support/h...nstruments.htm

Adding additional bars or data series - http://www.ninjatrader.com/support/h....html?add3.htm

CurrentDayOHL - http://www.ninjatrader.com/support/h...nt_day_ohl.htm

You can see additional information and examples in the SampleMultiInstrument strategy that comes with NinjaTrader by default.