Buy strongest Sell weakest

[staycool3_a]

Hi,

Correlation strategy:

three tickets (nasdaq, dow, sp500)

i have a code to identify which one of these is the strongest when only two tickers are involved. i think i can calculate how to identify the strongest mover if three tickers are involved.

but how can i enterlong(max(strongest ticker));

?

[NinjaTrader_PatrickH]

Hello calhawk01,

Thank you for your post.

So EnterLong() on the price level of the highest strongest ticket? Are you entering on a different instrument then the calculations are performed on?

[staycool3_a]

Hello calhawk01,

Thank you for your post.

So EnterLong() on the price level of the highest strongest ticket? Are you entering on a different instrument then the calculations are performed on?

so if

instrument=1nasdaq rank=1
instrument=2spy rank=2
instrument=3dow rank=3

EnterLong(instrument1)



if

instrument=1nasdaq rank=2
instrument=2spy rank=1
instrument=3dow rank=3

EnterLong(instrument2)

and the ranking are consistently changing; for example ranking can be based on daily performance. so if at a point in time dow is outperforming spy and nasdaq, go long dow. close the position when spy ends up performing better that down and go long spy etc

[NinjaTrader_PatrickH]

Hello calhawk01,

Thank you for your response.

This is possible by referencing the barsInProgressIndex in the EnterLong() method. The syntax is as follows: EnterLong(int barsInProgressIndex, int quantity, string signalName)