MACD strategy

[jp2890]

Thanks Bertrand!


If I apply this stops and targets setting, that means the order will be exited automatically.

Then what setting I have to change to avoid "double exit"?

My original setting is MACD cross above then enter one and MACD cross below then exit one.

[NinjaTrader_Bertrand]

jp2890, you don't have to worry about a double exit, as the Exit() methods would only attempt to exit a position if you had one, so for example if you target has hit first and the MACD sells, the MACD sell to exit the position would be ignored.

[jp2890]

Thanks Bertrand!

Another question is how to set a strategy solely depends on one line of indicator?

e.g. the rising of MA 10 to enter long and falling of MA 10 then enter short?

[NinjaTrader_Bertrand]

jp2890, you could just use the CrossAbove / Below to express this, just compare the current MA value to the one of 1 bar ago then -

http://www.ninjatrader-support.com/HelpGuideV6/ConditionBuilder-CrossOverConditions.html

[jp2890]

Thanks Bertrand!

I would like to set a strategy solely on the rising or falling of one MACD say 12,26, could you give some more instructions?

Thanks!

[NinjaTrader_Bertrand]

Just select 'Rising' from Misc on the left side and use it on your MACD, then compare to a bool value of 'true' (also found in misc category) on the right side for your condition.

[jp2890]

compare is "=" right ?

then what is "!=" ?


Thanks Bertrand!

[NinjaTrader_Bertrand]

Comparing for equailty is == the opposite would be !=

One equal sign is an assignment of a value for example -

 
myValue = Close[0];

Please also see the attached screenshot for the needed wizard setup.

[jp2890]

-Continued previous questions in respect of Rising/Falling macd strategy:

if I want to compare rising/falling not to 1 previous data but 2 or 3,

what should I set ?

Thanks!

[NinjaTrader_Bertrand]

Then you can use just compare the MACD value to the value of for example 20 bars back (barsAgo parameter) -

http://www.ninjatrader-support.com/HelpGuideV6/ConditionBuilder-OffsettingAnItemValue.html

[jp2890]

Let me make the question clear.

I would like to write a MACD strategy:

Enter Long: MACD line cross below Diff - OK completed

Exit Long: the current MACD line smaller than 5 bars ago, i.e. MACD is declining.

Please advise.

[NinjaTrader_Bertrand]

Select the MACD indicator on the left side and then compare (<) to the same MACD indicator value on the right side, but set barsAgo to 5.

[jp2890]

Thanks Bertrand!

[jp2890]

Can I set 2 exits conditions and tell the system to execute whichever condition appear earlier?

[NinjaTrader_Bertrand]

Sure, just define 2 exits, if there's no position to exit from (i.e. other exit triggered first) it would be ignored.