Confused By stops

[Ashai]

Hey guys,

First time poster here.
Basically I've spent the last two days trying to figure out how to back test a simple strategy (I thought?). For some reason with all the ways I've tried I can't seem to get the Exits to fire correctly. If anyone wants to take a gander and give me some tips would be much appreciated.

The idea was to write some code to enter short when RSI falls under 70 and you then get a cross of the MACD in the same direction within 5 bars (Bar must close, order is placed on next bar on a 233 tick chart). A stop would be placed at the High of the previous bar and a trailing stop would start when the price falls below the entry by 5 ticks.

Again, any tips would be helpful, right now it seems I'm getting pretty close, but I have some odd exits firing, or not firing at all.

[NinjaTrader_ZacharyG]

Hello Ashai,

Thank you for your inquiry and welcome to the NinjaTrader Support Forum!

Looking through your code, it looks like you are incorrectly checking to see if the noTrail boolean is true for your conditions.

In order to check for equality in conditional statements, you would use two equal (==) signs.

Example:

//If price drops below last bars low and we have no trailing stop exit
if(Position.MarketPosition == MarketPosition.Long && noTrail == true && Low[0] < (Position.AvgPrice - (13 * TickSize)))
{
     // logic
}

Please, let me know if I may be of further assistance.