No trade if position was closed with in last 5 bars

[chakriare]

I want to put a condition that if the previous trade was exited(only with profit) with in last 3 bars then dont take trade that is setting up in current bar. how do i program this in strategy?

Thanks
Chak.

[NinjaTrader_Brett]

Hello,

Will you be using the strategy wizard or coding this?

Thanks.

[chakriare]

Strategy Wizard...but can you tell me both ways?

[NinjaTrader_Brett]

Hello,

In strategy wizard -> in the condition builder->Misc expand then set the settings for Bars since exit is > greater then or equal too then on the right hand side select Misc->Numeric value and set this to the number of bars.

For programing wise use the following method:

http://www.ninjatrader.com/support/helpGuides/nt7/barssinceexit.htm