indicator trips trade

[mw355]

Hello,
Does anyone know if it is possible to set a trade entry to activate when an indicator hits a certain level, as opposed to the price activating the trade? Trying to get rid a better entry.
Thanks

[NinjaTrader_MichaelM]

Hello mw355,

Thank you for writing in. You can access indicators using the following syntax:

indicatorName(dataSeries, indicatorParameter1, indicatorParameter2, etc)[barsAgo]

NOTE: barsAgo is necessary if you need a specific value from the indicator, and dataSeries is necessary if you wish to use a data series that is not the default data series

Here is a basic example using the SMA indicator:

if(SMA(14)[0] > SMA(7)[0])
{
    //Enter trade
}

Here is an example using the CrossAbove comparison with the SMA indicator:

if(CrossAbove(SMA(14), SMA(7), 1))
{
    //EnterTrade
}

Here is an example using another data series with the SMA indicator:

if(SMA(High, 14)[0} < 15)
{
    //Enter Trade
}

Please see this help guide document for further reference: http://ninjatrader.com/support/helpG..._indicator.htm

Please let me know if you have any questions.

[mw355]

Hello Michael,
Thank you for the response. It looks like it can be done, I'll just need to find someone to code.
Thanks again.

[NinjaTrader_MichaelM]

Hello mw355,

You can also accomplish this using the strategy wizard which does not require programming experience.

If you are interested in creating this using the strategy wizard, please feel free to follow along our video tutorial here:
https://www.youtube.com/watch?v=MaaqCBoqYxI

Please let me know if you have any questions.

[mw355]

Thanks Michael, I'll give this a try.
mw355