Order opening

[germano]

Hi,

sorry, i have a new question:
If a strategy has already opened an order, how I can avoid it open a second order?

Example:

1 step) The close of a bar exceeds an moving average "X" and my strategy start a long order…OK!
2 step) The next bar close again falls a little below the moving average "X”, but don’t take the stop.
3 step) The third bar close again above the moving average "X", but I don’t want that the strategy again start a second long order… HOW DO?

Thank you for your answer
germano

[NinjaTrader_Ben]

Hello,

Take a look at the code below and add the proper criteria for you. This is very basic. There are more accurate but much more complicated ways to do it here:

http://www.ninjatrader-support2.com/vb/showthread.php?t=7499

if(time_to_trade && EMA(5)[0] > EMA(18)[0] )
{
EnterLong();
time_to_trade = false;
}


if (EMA(5)[0] < EMA(18)[0] && time_to_trade == false)
{
ExitLong();
time_to_trade = true;
}

[germano]

Thanks yet Ben