Exiting Before the Hour

[daven]

I am working on a strategy that I will be using to trade hourly options. Since hourly options expire on the hour, I want to be able to close out my position just before the hour ends (1 or 2 minutes before). However, since I am using Range Bars, with a setting of COBC = true, the close of the bar essentially never coincides with the hourly time change. Is there a way to force a position close, if one is open, just before the hour closes? In essence is there a way to programmatically get around the limitation of COBC=true for a time change?
Thanks
DaveN

[NinjaTrader_AdamP]

daven,

Options shouldn't be supported on NinjaTrader.

You could use a multi-timeframe strategy here that gives you minute-by-minute updates.

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

Then, just separate your strategy logic as follows.

if ( BarsInProgress == 0 )
{

// all your hourly code here

}
else if ( BarsInProgress == 1)
{

// all your minute code here

}