Strategy using candlesticks

[derekb777]

Hey everyone,

New to NT and programming so bear with me. I am trying to develop the pieces of a strategy i used to employ on prodigio with some success. part of that is using candlestick patterns like a bullish engulfment.

The problem I'm facing is how to make the strategy with it. I dont know which way to go about it. for example my first statement if close = candlestickpattern(blahblah) then Draw shape on the close of that candle does not draw anything when i apply it to a chart with the same indicator set to display differently so I can confirm it triggers right.

Thanks for any help

[koganam]

Hey everyone,

New to NT and programming so bear with me. I am trying to develop the pieces of a strategy i used to employ on prodigio with some success. part of that is using candlestick patterns like a bullish engulfment.

The problem I'm facing is how to make the strategy with it. I dont know which way to go about it. for example my first statement if close = candlestickpattern(blahblah) then Draw shape on the close of that candle does not draw anything when i apply it to a chart with the same indicator set to display differently so I can confirm it triggers right.

Thanks for any help

What are the errors in your log?

[derekb777]

I was able to get it working. Still dont fully understand the my input stuff, but once i set that == candle stick pattern it worked.

For the next step i want it to have an up bar immediately following it before the position goes long. How do i do that?

[NinjaTrader_Bertrand]

Hi Derek, you could for example use -

if (CandelStickPattern(ChartPattern.BullishEngulfing, 4)[1] == 1 && Close[0] > Open[0])
EnterLong();

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