convert an indicator into a strategy

[futuros]

Hello,

Could you pls give me a hint, I am trying to convert this indicator into a strategy to give me buy signals when the line turns green and sell signals when the line turns red and NO signals when is blue, thanks

/// <summary>
/// This method is used to configure the indicator and is called once before any bar data is loaded.
/// </summary>
protected override void Initialize()
{
Add(new Plot(Color.FromKnownColor(KnownColor.SkyBlue), PlotStyle.Line, "Upper"));
Add(new Plot(Color.FromKnownColor(KnownColor.SkyBlue), PlotStyle.Line, "Lower"));

// Increase the default widths of the plots
Plots[0].Pen.Width = 2;
Plots[1].Pen.Width = 2;

CalculateOnBarClose = true;
Overlay = true;

// Initialize the DataSeries.
middle = new DataSeries(this);
}

/// <summary>
/// Called on each bar update event (incoming tick)
/// </summary>
protected override void OnBarUpdate()
{
// Set the plots and the DataSeries.
Lower.Set(SMA(Low, Period)[0]);
Upper.Set(SMA(High, Period)[0]);
middle.Set((SMA(Low, Period)[0] + SMA(High, Period)[0]) / 2);

// If the average of the two plots is rising, change the plot colors.
if (Rising(middle))
{
// The indexers for PlotColors are PlotColors[plot index][bars back], so the below code would set the first plot (Upper) to black and the second plot (Lower) to green.
PlotColors[0][0] = Color.Black;
PlotColors[1][0] = Color.LimeGreen;
}
// If the average is falling, change the plot colors.
else if (Falling(middle))
{
PlotColors[0][0] = Color.Red;
PlotColors[1][0] = Color.Black;
}
// If the average remains the same, set both plots to the same color.
else
{
PlotColors[0][0] = Color.Blue;
PlotColors[1][0] = Color.Blue;
}
}

[NinjaTrader_Matthew]

Hello,

This should be fairly easy to create in the Strategy Wizard.

Please see our Help Guide article on the Condition & Action screen for information on how to use this tool:

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

You should be able to replicate the Rising and Filling based off the Middle plot of your indicator you're using.

[futuros]

OK Matthew, I got it, but it's giving me too many signals, I want just 1 entry per signal, how can I change that?

thanks

[NinjaTrader_Matthew]

This is controlled by the Order Handling Properties you set when you start the strategy.

You will want to see the EntriesPerDirection to 1 and the EntryHandling to "All Entries".

Please see our Understanding strategy properties section for clarification on these options:

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

[futuros]

Thats exactly how it is set:

EntriesPerDirection to 1 and the EntryHandling to "All Entries"

but still is giving me more than 1 entry, do you need to see my code?

thanks

[NinjaTrader_Matthew]

If you do not mind sharing your code, I'd be happy to have a look.

[futuros]

Ok, Matthew your e-mail is support at ninjatrader dot com?

[NinjaTrader_Matthew]

Yes, you can send it to our help desk using that address.

Please reference this thread in your email.