Exit on bar close

[Kama4h]

Hi again,

How can I add "exit on bar close" or exit on X bar close? I know only how to make stop loss and profit targets, but i want to try backtest these "on bar close "exits.

How can I do it in ninjascript wizard?

Thank you for your help

Kamil

[NinjaTrader_Brett]

Hello,

Thanks for your forum post.

This is set when you run the strategy. When you start it there will be setting for Calculate on Bar Close = True or False, you want this set to True.

Also, during a back test Calculate OnBar Close is always used.

Let me know if I can be of further assistance.

[Kama4h]

First of all, thank u for your respond :-)

At second: I dont understand :-( Everywhere I have CalculateOnBarClose = True.

But when Iam building this strategy in wizard, I enter in row named "when conditions are true" some conditions and in "do the following" i enter: Enter long position. It will enter position on Open, but how can I add exit on close of this bar. I can only add SL and PT on next page.

thank u

[Kama4h]

Please tell me, if u dont understand what i mean.I ll try it to write better.

[NinjaTrader_Brett]

Hello,

Are you running this live or in a backtest?

I look forward to assisting you further.

[Kama4h]

In backtest.

[NinjaTrader_Brett]

Hello,

Ok in this case with backtester how the backtester is designed is that all order actions must take place on the open of the next bar after your conditions have become true.

Therefor on each OnBarUpdate() will occur for each new bar on the open of the next bar.

There is no way to customize something ot occur at the close of the bar at this time with the backtester.

[Kama4h]

Ok, so can u help me how can I exit on next bar open. if its Open>open of bar where I enter?

[NinjaTrader_JoshP]

You can get the bar number that you entered at with BarsSinceEntry().

if (Open[0] > Open[BarsSinceEntry()])
     ExitLong();

This will close you out at the next bar's open.