Exit position the same Bar at the close

[rnr123]

I would like some help to write these rules.
Rule 1
If high of the last 3 days = the of the last month and close < open
Go Short at the open the next day
I want to close the position at the close the same bar

My attempt is working for the entry but I do not know how to write the exit the same bar at the close

if (MAX(High, 3)[0] == MAX(High, 20)[0] && Close[0] < Open[0]


)
{
EnterShort(200, "");
}

Thanks.

[NinjaTrader_Bertrand]

rnr123, are you working on daily bars for this strategy? Then you could for example add a intraday series to the setup and work with the ExitOnClose option for this - http://www.ninjatrader-support.com/H...itOnClose.html

http://www.ninjatrader-support2.com/vb/showthread.php?t=6652

[smkal]

next bar open

Hi,
how can I get the open value of the bar where I want to enter?
I need to add condition if there is a gap down between close[0] and (actual) open, then enter the trade.

if (Low[2] > Close[1]
&& Low[1] > Close[0]
&& Close[0] > Open????
{
EnterLongStop(DefaultQuantity, High[0], "");
}
many thanks
Jiri

[NinjaTrader_Bertrand]

Jiri, unfortunately you can't access the next bars open on the current bar. You could reference the current bars open and if your gap down condition is present, place the order for the next bar. If you want to submit the order to a finer stream to simulate an intrabar fill, please check into this sample -

http://www.ninjatrader-support2.com/vb/showthread.php?t=6652

[RJay]

Hi,
how can I get the open value of the bar where I want to enter?
I need to add condition if there is a gap down between close[0] and (actual) open, then enter the trade.

if (Low[2] > Close[1]
&& Low[1] > Close[0]
&& Close[0] > Open????
{
EnterLongStop(DefaultQuantity, High[0], "");
}
many thanks
Jiri

Jiri,

If you reference any indicators in your strategy buy/ sell orders this will not work.

If you reference only bars, this should work.

if (Low[3] > Close[2]
&& Low[2] > Close[1]
&& Close[1] > Open[0]
{
EnterLongStop(DefaultQuantity, Open[0], "");

If the price jumps away, your screwed either way. No trade or bad fill.


Unless you set it up a little differently.

EnterLongStop(DefaultQuantity, Close[0], "");

This should fill immediately.

RJay