Condition for Strategy

[jacklegtrader]

I want to set a condition, maybe two, for my strategy, and I was wondering if it is possible with the condition builder. I will give an example; My trigger event to enter the trade would be a MACD cross, but for this to be true, condition 1- current price be 10 ticks above the lowest low of the previous 25 bars. condition 2 would be no greater than 15 ticks from same point. Thank you in advance for your assistance.

[NinjaTrader_JessicaP]

Hello jacklegtrader, and thank you for your question.

This is indeed possible with the condition builder. We will make use of the offset property and the MIN indicator. I am providing help guide links for both of these.

http://ninjatrader.com/support/helpGuides/nt7/condition_builder.htm

http://ninjatrader.com/support/helpGuides/nt7/minimum_min.htm

In the same condition set as your crossover, you will want to add this condition :

Left hand side:
     Close
    Bars ago 0
    Offset type Ticks
[B]    Offset -10

[/B]Operation :
       >

Right hand side:
  Indicators -> MIN
    Input series DefaultInput
[B]    Period 25[/B]
    Offset type Ticks
    Offset 0
    Plot on chart False

You will also want this condition.

Left hand side:
  Close
    Bars ago 0
    Offset type Ticks
    Offset 0

Operation :
  <=

Right hand side:
  Indicators -> MIN
    Input series DefaultInput
[B]    Period 25[/B]
    Offset type Ticks
[B]    Offset +5[/B]
    Plot on chart False

Please let us know if there is any other way we can help.