ModHeikenAshi Entry/Exit Strategy Problems

[tjendra]

I am trying to use the ModHeikenAshi indicator for entry when bar turn green and exit when bar turn red in a strategy. However it doesn't seem to work properly as shown in attached pic. Attach the strategy file, can anybody see if I made any mistake in the code? Thanks.

[NinjaTrader_Bertrand]

Hi tjendra, the strategy seems ok, you want to look into the underlying ModHeikinAshi indicator and check / debug the BullSeries statements, those give you access to the indicators signals according to the barcolors.

[tjendra]

Hi Bertrand, the ModHeikinAshi indicator is modified as attached. Basically, I just added this one line of code: "if(Values[3][0] > Values[0][0]) bullIndication.Set(true); else bullIndication.Set(false);" i.e. where close is higher than open, set flag to true.

[NinjaTrader_Bertrand]

Ok, I see - then the issue might be that you don't take the 'comp bars' routine into proper consideration, this does a comparison to smooth the Heikin Ashi barcolors out, your boolseries is placed before that and thus the results properly don't match with the visuals from the indicator.

[tjendra]

Any idea how I might be able to fix this? I'm still a newbie to NinjaScript. Thanks alot for your help.

[NinjaTrader_Bertrand]

Unfortunately this is above the level what we can provide support for as is for example involves overriding the plot method...but you can check into this thread and the strategy posted there, it implements Heikin Ashi signals, then you can modify it to your needs - http://www.ninjatrader-support2.com/...ad.php?t=13324

[tjendra]

In the link you given, I didn't find any strategy. I am already using the ModHeikinAshi indicator to develop this strategy.

Has anybody implement ModHeikinAshi in their automated strategy? Please help. Thanks in advance.

[NinjaTrader_Bertrand]

Hi, please try this one - http://www.ninjatrader-support2.com/...1&postcount=19

[tjendra]

Thanks Bertrand, missed that!