Bars.PercentComplete with PeriodType.Range

[elechim]

Hi Everybody,

I'm programming an scalping strategy based on range bar (PeriodType.Range) and CalculateOnBarClose = false. These strategy enter in the market after FirstTickOfBar is true and exit the market in the same bar.

If the order isn't filled after 30% of the complete bar I want to cancel the order. My problem is, according the NT7 help, I can't use the property Bars.PercentComplete with PeriodType.Range...

Can you suggest me something can I do to simulate this property with range bar?

Thank you

Michele

[NinjaTrader_Bertrand]

Michele, you could then look into keeping custom track of the developing range bar, just store the first tick seen and you have your starting point for the current bar, with BarsPeriod.Value you know what kind of range bar you're working on and thus know when x % of the range is completed.

[elechim]

Hi Betrand, I do appreciate your very quick help!

If I have well understood what your mean I can do something like that:

protected override void OnBarUpdate()
{
// 30% on bar complete
if (BarsPeriod.Value == 0.3)
{
Cancel.... ;
}
}

[NinjaTrader_Bertrand]

You're welcome, no there would be more to it - the BarsPeriod.Value would just give you access to the range bar period set, so you're strategy could run properly then on any range bar interval. If you compare the target range for the full bar to the currently seen movement, you could calculate at what point to cancel intra bar, that would be the workaround idea.

[elechim]

Thank you!
I'm going to try your suggestion.

[elechim]

Hello Bertrand,

Unfortunately your suggestion does not solve what I'm looking to do. When I launch the strategy I the parameter data type series range with a value and this BarsPeriod.Value ruturn this range. This information is useless to me.

Let me ask the question differently: I am looking for an indicator that when the bar is in progress it let me know how much remain before the end. (sorry my English is so poor).

Thanks for your help.

Michele

[koganam]

Hello Bertrand,

Unfortunately your suggestion does not solve what I'm looking to do. When I launch the strategy I the parameter data type series range with a value and this BarsPeriod.Value ruturn this range. This information is useless to me.

Let me ask the question differently: I am looking for an indicator that when the bar is in progress it let me know how much remain before the end. (sorry my English is so poor).

Thanks for your help.

Michele

CalculateOnBarClose = false;

if (BarsPeriod.Id == PeriodType.Range)
{
double BarPercentToClose = (1 - (High[0] - Low[0]) * TickSize / BarsPeriod.Value)) * 100;
}