Sell Short and Stop loss on the same bar

[julen]

Hi,

I Have this strategy:

#region Variables
// Wizard generated variables
privatedouble stop = 0.03; // Default setting for Stop
privatedouble target = 0.05; // Default setting for Target
// 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>
protectedoverridevoid Initialize()
{
Add (PeriodType.Day, 1);

Add (GetHighLowByTimeRange(10 , 15, 9, 30));

SetProfitTarget("", CalculationMode.Percent, Target);

SetStopLoss("", CalculationMode.Percent, Stop, false);
CalculateOnBarClose = true;
}
///<summary>
/// Called on each bar update event (incoming tick)
///</summary>
protectedoverridevoid OnBarUpdate()
{
if (BarsInProgress != 0)
return;

// Checks if the macd daily fast period is above 0 in the last bar
if (MACD(BarsArray[1], 12, 26, 9)[1] > 0)
{
EnterLongStop(DefaultQuantity, GetHighLowByTimeRange(10, 15, 9, 30).HighestHigh[0] + 1 * TickSize, "");

}

// Checks if the macd daily fast period is below 0 in the last bar
if (MACD(BarsArray[1], 12, 26, 9)[1] < 0)
{
EnterShortStop(DefaultQuantity, GetHighLowByTimeRange(10, 15, 9, 30).LowestLow[0] - 1 * TickSize, "");

}
}

And I Want not to make the entry and the stoploss on the same bar, How can I do that?
Here I let you an image that what is happenning on a chart

[NinjaTrader_Ben]

Hello,

I suggest eliminating the SetStopLoss() in the intialization section, since it will be called everytime and add a condition for ExitLongStop() in the body of your program to make this happen.

This link may help:

http://www.ninjatrader-support.com/HelpGuideV6/ExitLongStop.html

[julen]

Something like this?

if (MACD(BarsArray[1], 12, 26, 9)[1] < 0)
{
EnterShortStop(DefaultQuantity, GetHighLowByTimeRange(10, 15, 9, 30).LowestLow[0] - 1 * TickSize, "");
stopshort = GetHighLowByTimeRange(10, 15, 9, 30).LowestLow[0] + ((GetHighLowByTimeRange(10, 15, 9, 30).LowestLow[0])*stop);
}
ExitShortStop(stopshort);

Where stop=0,03.
But it doesn't works... Why?

[NinjaTrader_Ben]

Hello,

Try something like this:

if(...your condition for entry...)
EnterShort(...);
if(Position.MarketPosition == MarketPosition.Short && BarsSinceEntry() >1)
ExitShortStop(...);

...so that your ExitShortStop is only called when you have a short order open and after 1 bar (in this example).

You may want to use TraceOrders:

http://www.ninjatrader-support.com/HelpGuideV6/TraceOrders.html

Or Print(stopshort):

http://www.ninjatrader-support.com/HelpGuideV6/Print.html

...to debug your strategy:

http://www.ninjatrader-support.com/vb/showthread.php?t=3418

[julen]

Sorry I'm being so tedious but it's my first time programing with ninja...
I've tried what you propose like this:

if (MACD(BarsArray[1], 12, 26, 9)[1] < 0)
{
EnterShortStop(DefaultQuantity, GetHighLowByTimeRange(10, 15, 9, 30).LowestLow[0] - 1 * TickSize, "");
}
if(Position.MarketPosition == MarketPosition.Short && BarsSinceEntry() >1)
ExitShortStop(Position.AvgPrice*(1+stop));

And it doesn't works too, in the control center log appears the following message:
"Error on calling 'OnBarUpdate' method for strategy 'RotRangH3':You must use the overload that has a 'BarsInProgress'parameter when calling the BarsSinceEntryMethod()in the context of a multi-time frame and instrument strategy"

In graph it only makes one trade and it's still open...

What I'm doing wrong?

Sure in my next project I'm not having so much troubles, Sorry.

[julen]

Hello?

Have you already seen my last post?

Help me please...

[NinjaTrader_JoshP]

Remove the "&& BarsSinceEntry() >1" part. If you find this condition suitable for your needs you will need to use the multi-instrument syntax version of it. Please reference the Help Guide on the proper syntaxing.