Reference a custom value

[NinjaTrader_JoshP]

If you have no need to process it over and over just add a filter to it.

if (CurrentBar == 0)
{
     // do something;
}

[mrlogik]

yes, which goes back to what we were talking about early in the thread.

you only want to call the SetProfitTarget in 2 different cases.

1. When you first enter.
2. If the Swing value changes your target point.

you have to code this if you don't want it to be calculated each new bar; i agree, you don't

[Phaseshifter]

hi josh thanks for tuning in.
hmmm.. maybe I should use another approach then swing indicator for this?

Unfortunately I still cant get this to work. In my other trading software it's so easy to realize this:

//HILO SWING
HiHi = Highest(High, 10);
LoLo = Lowest(Low, 10);

//First Exit Target
If Marketpositionlong and CurrentContracts=4 then Exitlong ("TakeProfit") 2 Contracts at (Entryprice+(Entryprice-LoLo)) Limit;
If MarketpositionShort and CurrentContracts=4 then Cover ("TakeProfit") 2 Contracts at (Entryprice-(Hihi-Entryprice)) Limit;

I am really confused with all the scale in and scale out routines necessary to do this.

Is there no other possibility??

[NinjaTrader_JoshP]

Phaseshifter,

Maybe this reference sample will help you. http://www.ninjatrader-support2.com/...ead.php?t=3751

[Phaseshifter]

yeah this might help.
I now have it this way:

     

        #region Variables
        // Wizard generated variables
        private int Swingbars = 5; // Default setting for MyInput0
        // User defined variables (add any user defined variables below)
        private double TarDis;

       protected override void Initialize()
        {
             CalculateOnBarClose = true;    
            EntriesPerDirection = 1;
            EntryHandling         = EntryHandling.UniqueEntries;
            SetProfitTarget("Long1", CalculationMode.Ticks, TarDis);
            SetProfitTarget("Short1", CalculationMode.Ticks, TarDis);
        }

        /// <summary>
        /// Called on each bar update event (incoming tick)
        /// </summary>
        protected override void OnBarUpdate()
        {
            // ENTER LONG #1
            if (Close[0] > Open[0])
            {
                EnterLongStop(2, High[0] + 1 * TickSize, "Long1");
                EnterLongStop(2, High[0] + 1 * TickSize, "Long2");
            }

            // ENTER SHORT #1
            if (Close[0] < Close[0])
            {
                EnterShortStop(2, Low[0] -1 * TickSize, "Short1");
                EnterShortStop(2, Low[0] -1 * TickSize, "Short2");
            }

               // PROFIT TARGET LONG
            
            if (Position.MarketPosition == MarketPosition.Long)
            {
                TarDis=((Position.AvgPrice-(Swing(Swingbars).SwingLow[0]))/TickSize);
            }
            
               // PROFIT TARGET SHORT
            if (Position.MarketPosition == MarketPosition.Short)
            {
                TarDis=(((Swing(Swingbars).SwingHigh[0])-Position.AvgPrice)/TickSize);
            }

The problem now is variable "TarDis" seems to be always=0.
Position Target Profit is immediately reached and it exits.

Where is my problem in calucating the Profit Distance?

[zweistein]

wrong logic,

no actual target is defined.

[NinjaTrader_JoshP]

You want to move Set() into OnBarUpdate() and just call them when you want to update their values. From Initialize() they are not updated.