Script is closing position as soon as it opens it

[onemorelot]

I'm a newbie here - I'm trying to write a script to look back N bars, and if they are all red, then go long, or if they are all green, go short. I also set a trailing stop of 1.5 points. It compiles okay, but it appears that the trades are closed immediately. i.e. Go long at 4500, then closed at 4500.

This is what I have.

#region Using declarations
using System;
using System.ComponentModel;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Indicator;
using NinjaTrader.Gui.Chart;
using NinjaTrader.Strategy;
#endregion

// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
    /// <summary>
    /// After n bars up, go short.  After n bars down, go long.  Testing whether 5-6 red bars is a good time for a swing trade in the opposite direction.
    /// </summary>
    [Description("After n bars up, go short.  After n bars down, go long.  Testing whether 5-6 red bars is a good time for a swing trade in the opposite direction.")]
    public class nBarsOpposite : Strategy
    {
        #region Variables
        // Wizard generated variables
        private int nbars = 5; // Default setting for Nbars
        // User defined variables (add any user defined variables below)
        #endregion

        /// <summary>
        /// This method is used to configure the strategy and is called once before any strategy method is called.
        /// </summary>
        protected override void Initialize()
        {
            SetTrailStop("", CalculationMode.Ticks, 1.5, true);

            CalculateOnBarClose = true;
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {
            // Condition set 1
            if (NBarsDown(3, true, true, true)[0] == 1)
            {
                EnterLong(DefaultQuantity, "");
            }

            // Condition set 2
            if (NBarsUp(3, true, true, true)[0] == 1)
            {
                EnterShort(DefaultQuantity, "");
            }
        }
		

        #region Properties
        [Description("How many bars to look back")]
        [GridCategory("Parameters")]
        public int Nbars
        {
            get { return nbars; }
            set { nbars = Math.Max(1, value); }
        }
        #endregion
    }
}

[NinjaTrader_PaulH]

Hello onemorelot,

Thanks for your post and welcome to the forums!

In review of the line: SetTrailStop("", CalculationMode.Ticks, 1.5, true); you are setting the mode to be ticks and telling it to trail by 1.5 ticks.
Please see: http://ninjatrader.com/support/helpG...ttrailstop.htm

I don't know what instrument you are using but if it were the ES then 1 point = 4 ticks so a 1.5 point stop would need to be specified as 6 ticks.