BarsSinceEntry

[stephenszpak]

Hi support (or anyone)

I was looking at the SampleMACrossOver strategy and trying
to modify it.

There are 2 moving averages as you know. I am using
Renko bars, though I'm not sure if this is important to the code
or not.

CalculateOnBarClose = false;

SetStopLoss(CalculationMode.Ticks,12);

etc. etc.
*************************************************

If the stoploss is hit the trade is exited with a loss, but the Renko
bar may still be an up bar let's say. That is, even if the CalculateOnBarClose
is false, the bar the trade exited on may still be the last bar on the chart.
An up bar.

Let's say the moving average crossover is also in positive territory.


So, does the software automatically wait until the next Renko bar
to generate a long trade, assuming it is an up bar as well,
or does it do so while the current bar is still in effect?
(That would not be good.)


Is BarsSinceEntry necessary code here?

[NinjaTrader_Bertrand]

Stephen, with CalculateOnBarClose set to false the strategy is updated on tick by tick basis, this also means you can encounter whipsaws in your trade execution as entry triggers become true / false multiple times intrabar. BarsSinceEntry wouldn't be of much help, as it would not limit entries intrabar.

[stephenszpak]

Stephen, with CalculateOnBarClose set to false the strategy is updated on tick by tick basis, this also means you can encounter whipsaws in your trade execution as entry triggers become true / false multiple times intrabar. BarsSinceEntry wouldn't be of much help, as it would not limit entries intrabar.

Everything below this refers to Renko bars only.

Ok, let's just assume CalculateOnBarClose=true

If a strategy enters a long trade on an up bar and the stoploss
is triggered within that same up bar...then using CalculateOnBarClose=true prevents
a new long trade within that same up bar. Correct? (I hope)

A new up bar would be the soonest a second long trade would be made, correct?

I wasn't sure if Renko bars were different from candles, etc. because as I looked
at a graph, a Renko bar instantly forms. The closing price doesn't change on the graph
even using single tick Renkos. So you're saying that a moving average crossover
strategy works tick by tick but a graph using the same moving averages as the strategy
won't? Correct? Strategy in question uses: 1 SMA short term, 2 SMA long term
In other words, long trade entered at a higher close, short trade entered at a lower.

Hope I explained myself in the above.

Thanks for any reply this week.

[NinjaTrader_Bertrand]

Stephen, my reply was related to all supported bartypes in NinjaTrader, I'm not too familiar with the custom Renko one you use - best would be to check this in realtime using your strategy and the Sim101 account with both settings for CalculateOnBarClose.

The general thought behind this is - you would need to check if your strategy conditions can become true / false intrabar, if yes, you would need to live with the whipsaws potentially created by this or add filters to prevent the false triggers.