Wait 30 minutes

[Scarlett09]

Hi,

I am running a straight forward Strategy that I created in the Wizard. Basically if one moving average crosses a pivot line then go either Long or Short depending upon the direction.

Is there a way to add code to the Strategy that says once you receive a new Signal then ignore all other signals for xx minutes. For example if I am running a Strategy on a 5 minute chart I want to ignore all other signals for at least the next 30 minutes?

Thank you,

[NinjaTrader_Joydeep]

Hello Scarlett09,
Thanks for your post.

Unfortunately you cannot do it using the wizard. You can however further custom code this via the NinjaScript Editor.

[Scarlett09]

OK, that is great. Is there a standard line or two of code that can be added to the existing code or is this dependent on what the strategy entails? I would be happy to to move to the NinjaScript Editor.

[NinjaTrader_Joydeep]

Hello Scarlett09,
Yes, you can simply use the BarsSinceEntry function to do it.

If you are running the code on a 5 minute chart then you can use the following code:

if (this.BarsSinceEntry() > 6 || this.BarsSinceEntry() == -1)
{
 //do something.
}

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?barssinceentry.htm