Reset 'return' on the next day's open

[karthik007]

Hi.

I created a simple condition

if ( profittarget >=500)
return;

this should stop trading if profit target for the day is above or equal to 500.

While backtesting, I reached this profit target of 500 on day 1 of my historical data, so it completely stopped backtesting data of next days...

Hence I felt the need to reset this 'return' at the start of next day's electronic market open. I'm talking about Crude Oil futures. Please inform how to do that.

[NinjaTrader_PatrickH]

Hello karthik007,

Thank you for your post.

Use Bars.FirstBarOfSession before the profittarget check to return. For example:

if(Bars.FirstBarOfSession)
profittarget = 0;

if(profittarget >= 500)
return;

For information on Bars please visit the following link: http://www.ninjatrader.com/support/h...s/nt7/bars.htm

Please let me know if I may be of further assistance.