new strategy

[andrew100]

Hi,

I would like some advice on how do I keep the open and close on the first bar (at session open) so I can use the values elsewhere.

Thanks,
Andrew

[NinjaTrader_Bertrand]

Andrew, you could save them to a custom variable at a new session start - http://www.ninjatrader-support.com/H...sionBreak.html

[andrew100]

Hi,

I am working on 60min timeframe and I am using the OHLC values in my formula. How do I program in if at the next bar the current price moves above / below the previous bar High / Low then go long / short?

Thanks,
Andrew

[NinjaTrader_Bertrand]

Andrew, you could for example use the Strategy Wizard we have and then setup a condition to check if the Close is greater (or crossing above) the previous bar's High value (High[1]).

Then you can enter your 'action' (EnterLong) in the second ('Do the following') portion of the wizard's main interface -

http://www.ninjatrader-support.com/HelpGuideV6/WizardScreens.html

[andrew100]

Hi,
thank you for you reply.

With your previous reply, I am working on the 1H TF, I don't want to enter at the close of the next 1H but during the next hour if the price crosses about the previous 1H bar high then I enter.

I set up similar to below and it always enters the at the open and not when the price actually crosses over within the 1h bar.

Thanks,
Andrew

[NinjaTrader_RyanM1]

Hello Andrew100,



Running a Strategy at the Close of a Bar or Tick by Tick

• During backtest, strategies can ONLY be processed at the close of each bar.
• During real-time operation, you have a choice to run a strategy tick by tick or on bar close. This can produce different results because you can have a signal that executes an order when running tick by tick, although the signal can be false at the close of the same bar.

You can change a setting to have this work differently in a real-time environment. You can set CalculateOnBarClose to false for tic by tic updating. Your order is submitted whenever conditions evaluate to true.

http://www.ninjatrader-support.com/HelpGuideV6/CalculateOnBarClose1.html

More information on why backtesting works differently than real-time is found at the link below:

http://www.ninjatrader-support.com/HelpGuideV6/DiscrepanciesReal-TimeVsBacktest.html