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Trigger Lines and Slingshot Indicators in a Strategy
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Trigger Lines and Slingshot Indicators in a Strategy
I would like to create a strategy using the Trigger Lines indicator. I am also interested in creating a strategy using the SlingShot indicator. Do you have sample strategies using these indicators that I could look at? Simply want to execute simple long and short positions when the Indicators switch up/down. Perhaps combine the 2 strategies into one strategy that only executes the trades when both indicators are pointing the same direction.
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Hello rcollen,
These are both custom indicators, so there will be no official strategy examples that use them. Maybe a community member with experience using them can share.
You create strategies by defining objectively based on an indicators value. First you will need to know the conditions that mark a switch up/down, and then can use the same conditions in your strategy. If you have access to the indicator source code, can review these conditions using Tools > Edit NinjaScript > Indicator menu.Ryan M.NinjaTrader Customer Service
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