Entry timing

[misanek]

Hi there,

can I please ask for help? I am new to NT and am trying to set up a strategy of comparing close of a previous day and the open of the current day. If the current open is lower, I want to buy on this open. However, when I set this strategy up in NT, it buys not on the current day but one day later. I tried using multiple timeframes to achieve entry on the current open but it does not work.

Can you please explain to me, how does this timing in backtesting work and how can I achieve entry not on the next bar after my condition is met but on the same one?

I will be very grateful for any help,
Michaela

[NinjaTrader_PatrickH]

Hello Michaela,

Thank you for your post and welcome to the NinjaTrader Support Forum!

From your description I would assume the bars that the backtests are performed on are Daily bars. The Dialy bars in conjunction with the fact that all backtesting is done on the close of the bar as it is historical data ensures that the entry is not placed until the close of the bar that triggered the order. This is unavoidable unless you incorporate a smaller data series to calculate on. you can find an example of this idea at the following link: http://www.ninjatrader.com/support/f...ead.php?t=6652

Please let me know if you have any questions.