Reference sample reversal strategy

[topor]

Please post reference sample reversal strategy.

This NOT work:

if( Position.MarketPosition == MarketPosition.Long )
{
if( Close[0] > upperBand )
{
ExitLong();
EnterShort();
}
}
else if( Position.MarketPosition == MarketPosition.Short )
{
if( Close[0] < lowerBand )
{
ExitShort();
EnterLong();
}
}
else //Flat
{
if( Close[0] < lowerBand )//Long
{
EnterLong();
}
if( Close[0] > upperBand )//Short
{
EnterShort();
}
}

[NinjaTrader_Joydeep]

Hello topor,
Thanks for writing in and I am happy to assist you.

EnterLong/EnterShort will close any existing position and then will got short/long. Please modify your code as per the below code

if( Position.MarketPosition == MarketPosition.Long )
{
if( Close[0] > upperBand )
{
EnterShort();
}
}
else if( Position.MarketPosition == MarketPosition.Short )
{
if( Close[0] < lowerBand )
{
EnterLong();
}
}
else //Flat
{
if( Close[0] < lowerBand )//Long
{
EnterLong();
}
if( Close[0] > upperBand )//Short
{
EnterShort();
}
}

Please refer to the SampleMACrossover strategy which comes with NinjaTrader for a basic Moving average reversal strategy.

• In Control Center menu bar goto Tools>Edit NinjaScript>Strategies…
• In the Strategies dialog se

lect SampleMACrossover and click on the Ok button.

Please let me know if I can assist you any further.

[topor]

Thanks, it works!

[NinjaTrader_Joydeep]

Hello topor,
Glad to know it works for you.
Please let me know if I can assist you any further.