PSAR Scalper

[jkpdon]

Hi Just Wondering if anybody can help me out on this PSAR Scapler

I would like to take PSAR Entry point signal and minus the tick i want for pair

i.e. (ParabolicSAR(0.02, 0.2, 0.02)) - Tick where Tick is TickSize * Number of Tick

That is the entry point and i want to put that limit order.

Now i want to specify 5 tick profit limit and 10 tick stop limit. with that order also. So 3 Total Limit Orders...

Thanks

JK

[NinjaTrader_Matthew]

Hello,

Thank you for your post.

To clarify you are wanting 5 tick profit and 10 tick stop from the entry price?

In that case, you would use AvgPrice to set your profit limit and stop limit X number of ticks from the entry price. Please see our Help Guide article on this reference:

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?avgprice.htm

[jkpdon]

Yes thats true. I want 5 tick profit and 10 tick stop from the entry price.It would be great if i can change it based on Trading instrument. it can be different for /es and /tf

also how do u do entry limit where PSAR generates the signal minus 5 ticks????

[NinjaTrader_Matthew]

Hello jkpdon,

For a buy signal, you would use something similar to:

double myEntry = ParabolicSAR(0.02, 0.2, 0.02)[0] - TickSize * 5;
            
            if (your condition signal)
            {
                EnterLongLimit(myEntry)
            }

[jkpdon]

some how its not working out. it puts the limit correct but then cancels automatic after some time. like 30 sec


#region Using declarations
using System;
using System.ComponentModel;
using System.Diagnostics;
using System.Drawing;
using System.Drawing.Drawing2D;
using System.Xml.Serialization;
using NinjaTrader.Cbi;
using NinjaTrader.Data;
using NinjaTrader.Indicator;
using NinjaTrader.Gui.Chart;
using NinjaTrader.Strategy;
#endregion

// This namespace holds all strategies and is required. Do not change it.
namespace NinjaTrader.Strategy
{
/// <summary>
/// PSAR Reverals
/// </summary>
[Description("PSAR Reverals")]
public class ParabolicSARRev1 : Strategy
{
#region Variables
// Wizard generated variables
// User defined variables (add any user defined variables below)
#endregion

/// <summary>
/// This method is used to configure the strategy and is called once before any strategy method is called.
/// </summary>
protected override void Initialize()
{
Add(ParabolicSAR(0.02, 0.2, 0.02));

CalculateOnBarClose = true;
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{



if (CrossAbove(Close, ParabolicSAR(0.02, 0.2, 0.02), 1))
{
double myEntry = ParabolicSAR(0.02, 0.2, 0.02)[0] - TickSize * 5;
EnterLongLimit(myEntry);

}
// Condition set 2
if (CrossBelow(Close, ParabolicSAR(0.02, 0.2, 0.02), 1))
{
double myEntry = ParabolicSAR(0.02, 0.2, 0.02)[0] + TickSize * 5;
EnterShortLimit(myEntry);
}
}

#region Properties
#endregion
}
}

[NinjaTrader_Matthew]

Hello,

If the condition is no longer true, NinjaTrader will cancel the limit order. Please see our Reference Sample on Keeping orders alive for more information:

http://www.ninjatrader.com/support/forum/showthread.php?t=19169