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    Wizard Newbie Help

    I am a newbie here and I would like to have a strategy that enters long ( or converse) when these two conditions appear:

    Engulfing bar up ( or converse)

    MA fastline, or RSI, or similar trending up (or converse)

    My problem in the first case with Wizard is that the built in bar comparison will only trigger an entry signal one bar AFTER the present left panel bar displays a positive divergence from the preceding bar. Is there a way to trigger a signal in the middle of an engulfing bar?

    My second problem is that when I try to code in left panel - RSI, MA, Fastline ( or similar) and select == (Misc menu) Rising I get an error message left expression "RSI" and "Boolean" do not match.

    I sent my inquiry on this directly to ninja support and they kicked me back here for help -
    Any thoughts on what I am trying to do and similar strategies would be appreciated.

    thanks,
    Tony

    #2
    Hi Tony,

    Someone will respond on Monday morning.
    RayNinjaTrader Customer Service

    Comment


      #3
      Hi Tony,

      Unfortunately during backtesting you cannot trigger the entry until the next bar. The reason for this is because the reason your entry signal triggered in the first place was based on the moment in time when you had that bar's OHLC. The moment you have the Close price and it is used in calculations that bar is closed. When it is closed you cannot make any possible trades from that bar anymore. That means your trades will have to occur at the next tradeable moment which happens to be the open of the next bar.

      What you want to do is select Rising on the left side. Then on the bottom left you want to select your RSI indicator into the parameter there. Then on the right side you want to select either true for rising or false for not rising.
      Josh P.NinjaTrader Customer Service

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