Swing Indicator as an Entry

[Smithwob]

Hi. Please help me as I know there are several things I must be missing here? Does anyone have experience using the swing indicator as an entry price? I have completed a strategy that I like but currently I'm just entering at market because I can't figure out how to set a limited order using the previous swing hi for longs or swing lo for shorts? In this example I'm trying to use the swing high and add on 2 ticks (.50) to that price as an entry. What am I missing or something have wrong? thanks

EnterLongLimit(DefaultQuantity,(Swing(5),SwingHigh[0] + 0.5),"").

[Emma1]

patterns, candles , price have to be considered. Usually the chart or the swing will help to elaborate your question above.

[Smithwob]

Sorry for any confusion-The second image is from NT8 showing what I thought i was doing. Using the previous swing low as a limit order (-) .50 or 2 ticks. And the first image is actually from tradingview which shows the previous swing low price at 4542.75 in red and 2 ticks below that being 4542.25. I would like something that would allow me to price that entry, if possible?

[NinjaTrader_ChelseaB]

Hello Smithwob,

Enable TraceOrders and add prints to understand the behavior.

Print the time of the bar and print Swing(5),SwingHigh[0] + 0.5 along with a label, then also print the Price -> Ask.

Below is a link to a forum post on using prints to understand behavior. Please watch the video 'Debugging using prints with the Strategy Builder'.

https://forum.ninjatrader.com/forum/ninjatrader-7/strategy-development-aa/99209-date-conditions-not-working#post791121

Include the output saved to a text file with your next post.

Note, the Swing indicator changes it's values historically, which makes this a very complex indicator to use. The swing may not have formed while a bar is open, but then on a later bar the swing for that previous bar may be updated. This means that it may be necessary to unlock the script and code by hand, to get the swing high / low from the previous bar when the last swing occurred.

Below are links to forum posts that discuss.

https://forum.ninjatrader.com/forum/ninjatrader-8/indicator-development/1101096-how-to-get-previous-swing-high-low-values/page2#post1233879

https://forum.ninjatrader.com/forum/ninjatrader-8/strategy-development/1085003-previous-swing-highs-and-lows?p=1085012#post1085012