Use Indicator Levels for Order Entry

[nedrob519]

I am new to writing strategies. I want to enter a long position if a bar opens above an indicator level, in this case I am using a variant of the ADX indicator.

Am I checking the levels correctly? No orders are placed when I try to optimize the strategy.

Here's my code snippet:

_ADXVMA_Alerts_v01_5 adxvma = _ADXVMA_Alerts_v01_5(iPeriods, bConservative);

ManageOrders();

if (Position.MarketPosition != MarketPosition.Flat) return;

if (Rising(adxvma) && (CrossAbove(Open[0], adxvma.Rising, 0))) {
GoLong();
}
else if (Falling(adxvma) && (CrossBelow(Open[0], adxvma.Falling, 0))) {
GoShort();
}

This works if I only use the first part of the if statement: Falling(adxvma).

I will be adding more conditions so I need to learn the best way to test for these indicator levels.

Thanks,

Ned

[NinjaTrader_PatrickH]

Hello Ned,

Thank you for your post.

I see no issue with your logic. Please try adding Print() when the conditions are tru and print the Time[0] to compare on the chart if you are truly seeing a rising or falling and cross condition at the same time.

For information on Print() please visit the following link: http://www.ninjatrader.com/support/h.../nt7/print.htm
This will provide information in the Output window (Tools > Output).
For information on Time please visit the following link: http://www.ninjatrader.com/support/h...s/nt7/time.htm

Please let me know if you have any questions.

[koganam]

I am new to writing strategies. I want to enter a long position if a bar opens above an indicator level, in this case I am using a variant of the ADX indicator.

Am I checking the levels correctly? No orders are placed when I try to optimize the strategy.

Here's my code snippet:

_ADXVMA_Alerts_v01_5 adxvma = _ADXVMA_Alerts_v01_5(iPeriods, bConservative);

ManageOrders();

if (Position.MarketPosition != MarketPosition.Flat) return;

if (Rising(adxvma) && (CrossAbove(Open[0], adxvma.Rising, 0))) {
GoLong();
}
else if (Falling(adxvma) && (CrossBelow(Open[0], adxvma.Falling, 0))) {
GoShort();
}

This works if I only use the first part of the if statement: Falling(adxvma).

I will be adding more conditions so I need to learn the best way to test for these indicator levels.

Thanks,

Ned

To optimize parameters, they must be parameters. Where, and how have you exposed, as public, the parameters that you want to optimize?