How to generate a signal when price crosses high of the previous bar

[vitaleg]

Please advise how to generate a signal when price crosses high of the previous bar. I cannot find the last price in the wizard. Tried to backtest with (Bid >= High[1]) - it don`t work okay. Please advise.

[NinjaTrader_Austin]

vitaleg, you can access the last price by using the Close variable. If you wanted to see if the last price (most recent close) is above the previous bar's high (and then go long, for example), you could compare those values as shown in the screenshot.

[vitaleg]

Thank you. But I`m using 5min interval. I need to know if price crosses the high during this interval, not when bar will close.

[NinjaTrader_Austin]

vitaleg, in that case, you will have to do something like this:

if (Close[0] > High[1] && Open[0] < Close[1])
   // show alert or something

The above code basically says: if the most recent close is above the previous bar's high, and the current bar's open is below the previous bar's high, then do something.

[vitaleg]

Austin, so as far as I understand I cannot get the last price? Just last price, not bar properties.

[NinjaTrader_Austin]

vitaleg, the Close property contains the instrument's last traded price. In other words, Close[0] = last price. If you set CalculateOnBarClose = false, then it is updated every tick. If CalculateOnBarClose = true, then it is updated once per bar.

[vitaleg]

Oh, got it. Thanks a lot.

[vitaleg]

you can access the last price by using the Close variable

One more question. I`ve tried to program strategy to trig when last price is higher than High[1] + 0.02$ But it doesn`t work correctly on backtesting - sometimes it enter correctly, sometimes no. I have the following code:

Close[0] > (High[1] + 0.02)

[NinjaTrader_Bertrand]

Which instrument are you working on as this happens? I suggest to add some drawings to visually see when an entry should be triggered according to your programmed rules -

http://www.ninjatrader-support.com/HelpGuideV6/StrategyAction-DrawingOnAChart.html

Also please keep in mind the order will be placed on the next bar, since this the earliest possible trade location in backtesting.

[Adina]

Hi, I have a similar issue in NT6.5....
I am trying something very very simple as I am new to the programming here but clearly am missing something.
I basically just added to a new Wizard generated indicator, after the OnBarUpdate()...

if (Close[0]<Close[2])
DrawSquare("tag1"+CurrentBar, true, 0, Low[0] - TickSize, Color.Blue);

But nothing shows...?
thanks.

[NinjaTrader_Bertrand]

Adina, you likely miss this check at your OnBarUpdate() start - http://www.ninjatrader.com/support/f...ead.php?t=3170

[Adina]

thankyou - I knew it was something completely simple......