Using a bigger chart for calculation

[richbois]

Hi All

I am using Stochastic in a strategy that triggers a trade if Overbought or Oversold

so far so good but i would like it to look at the OB/OS on a bigger Range chart

Let say i am using a 4 range to trade but would like to use the OB/OS trigger from a 7 Range

Can this be done and if yes could you point me in the right direction

Thank you

[NinjaTrader_Joydeep]

Hello richbois,
Thanks for your post and I am happy to assist you.

You can use a multi-timeframe strategy to achieve the same.
To get more idea on multi-timeframe/instrument concept please refer here http://www.ninjatrader.com/support/h...nstruments.htm

Please see the SampleMultiTimeFrame strategy that comes with NinjaTrader to get more details (in Control Center menu bar, goto Tools>Edit NinjaScript>Strategies…, in the Strategies dialog select SampleMultiTimeFrame and click on the Ok button).

Please let me know if I can assist you any further.

[richbois]

Thank you for your prompt response

Will work on that in the morning

Richard

[NinjaTrader_Joydeep]

Hello Richard,
Good to know.

Please do not hesitate to contact us if you need any further assistance.

[richbois]

I added this in the initialize section

Add(PeriodType.Range, 7);
Add (Stochastics(PeriodD, PeriodK, Smooth));

Now i am trying to use the D of the Stochastics

double stochB = Stochastics(BarsArray[0],.D);

that gets rejected

I am not on the On Bar Update section but in a Check Entry section

But i get a syntax error so probably my code line is wrong

[NinjaTrader_Joydeep]

Hello Richard,
You cannot place the BarsArray[0] in the Initialize section. You have to put the same in the OnBarUpdate event.

A basic code will look like

protected override void Initialize()
{
	Add(PeriodType.Range, 7);
}

protected override void OnBarUpdate()
 {
	//of the secondary data series crosses above 80 do something
	if (CrossAbove(Stochastics(Closes[1], periodD, periodK, smooth),  80, 1))
	{
		//do something
	}
}

Please let me know if I can assist you any further.

[richbois]

I did what you said and i dont get errors
but i am not sure i am getting the right result

In that strategy I have 2 different Stochastics 1 on 4R and this new one on 7R

The 7R seems to be giving me signals as per Print debug but it is not constant and How do i know if i am using the K or the D of the stoch.

[NinjaTrader_Joydeep]

Hello Richard,
Please put up a chart of 7 range, apply the stochastic indicator on it with the same parameters as in the multi-timeframe strategy and compare the same with that of the strategy.

To know whether you are using D or K, explicitly assign the same for example

double dValue = Stochastics(periodD, periodK, smooth).D[0];

Please let me know if I can assist you any further.

[richbois]

I did that and that is the reason i dont think it works

can i email you the whole thing so you can see better?????????

[NinjaTrader_Joydeep]

Hello Richard,
Please email the same at support[AT]ninjatrader[DOT]com

In the subject line of the email please write Attn:Joydeep and in the body please give a reference of this thread.

I look forward to assist you further.