need help with the most simplest

[market_timer]

I am unable to do a very simple strategy. I am almost convinced the entire thing is flawed.

All I am trying to do is setup a buy every time current open is greater than the pervious day’s close, and exit on a trailing stop of 2.5%.

I have tried and tried many different ways, but basically this should be very simple to do. Here are is my setup and output.

Strategy config:

Set1
Open[0] > Close[1]

EnterLong(DefaultQuantity, “”)

SetTrailStop(“”, CalculationMode.Percent, 0.025, false)

On the chart (attached) it is clearly doing something else.

Any help would be welcomed!!!


PS. I guess there is no attachment possible since I cannot produce a 39K pdf print of the chart. But trust me, it is entering buys on the open well below previous day’s close.

[NinjaTrader_Bertrand]

Welcome to our forums, that might be the case, you just enter via a Market Order when the condtion is true, that would be executed on the open of the next bar, which could be below the previous's day's close.

[market_timer]

thank you for getting back to me so quickly!

I am using the wizard to create the stragegy.

How do I specify limit orders in there when I dont know each day's price? I don't think I understand this.

Also, I would think that the conditions must be met before any oders are executed, no?

Could someone prived me a sample? I just want to execute long positions when the open is above the previous dya's close.

[NinjaTrader_Bertrand]

Please take a look at the attached sample strategy from the wizard, going long with a limit order at the prior days close if the current open is higher than this value.