ETD for backtesting

[zachj]

Is there anyway to calculate the amount of time or bars it took for a trade to reach the MFE? With that info was thinking I could calculate for all trades the average time/bars it took to reach MFE and the average MFE amount and set an exit condition to have it cutoff trades that haven't reached the average MFE amount by the average time/bars.

[NinjaTrader_CalH]

Hello Zachj,

I have attached a sample script that should get you started and on the right path.

[zachj]

Is there a time component somewhere in there, is that what wait is? Is wait == 5, is that 5 seconds?

[NinjaTrader_CalH]

Zachj,

Yes and no, you can use it for COBC set to true in which that part of the script will wait for 5 bars.
If set to false then it will wait 5 ticks