High - Low between 0AM - 8AM

[stefy]

Hi

I want to try to use as triggers in my strategy the high - low price made between 0AM - 8AM (my local time). Eventually, I could use the high - low of the first 8 hourly bars.
How can I put this into code?

Many thanks

[NinjaTrader_Ray]

This reference might provide some idea - http://www.ninjatrader-support.com/v...ead.php?t=3223

[stefy]

According to this example, if I use 60min bars, I will have to set up 8 bars to get the high and low of the session to get high and low for the 0AM - 8AM period.

If I change bar frequency I will have to change the code every time. There isn't a simpler way to look for the high and low between 0AM and 8AM disregarding the bar frequency?

Thank you

[NinjaTrader_Ray]

There are many ways to do it. If you are not satisfied with any of our reference samples, then you would have to get creative and think of other ways.

I did just create a new reference sample demonstrating another approach.

http://www.ninjatrader-support.com/vb/showthread.php?p=44911#post44911

[stefy]

Thank you, Ray.

Regarding your Sample, just to make sure:

1) If I want to use the interval 0AM - 8AM, I will have to substitute 0AM with "StartHour, StartMinute" in your code? In what format should I put the time?

2) If I want to refer to those values in a strategy, should I refer to the high as SampleGetHighLowByTimeRange.HighestHigh ?

Thank you again for your precious help

[NinjaTrader_Ray]

Correct, a zero. Not sure what you mean by format. Don't use the indicator as a way to get the values. The indicator is just a demonstration of how to accomplish this. Take the code sample and integrate it into your own indicator or strategy.

[stefy]

Regarding the format, I meant 0:00 for 0AM and 8:00 for 8AM?

Thank you for help

[NinjaTrader_Ray]

In my code sample, the hour is represented by integer as is the minutes. So 8 AM is 8 for the hour and 0 for the minutes.

[stefy]

To integrate the indicator into my strategy, should I paste it into the Initialize() method?

Thank you

[NinjaTrader_Ray]

No, do not integrate the indicator.

- You have to open the reference sample provided as an indicator
- Look at the logic of how it works
- Take this concept/logic, use it in your own NinjaScript objects

[stefy]

After generating a new series (Value), I added the following to your code:

// Set the plot values
//HighestHigh.Set(highestHigh);
//LowestLow.Set(lowestLow);

Value.Set( 0 );

if (Close[0] > highestHigh)

{
Value.Set ( 1 );
}

if (Close[0] < lowestLow)

{
Value.Set ( -1 );
}

Then I built a simple strategy (through the wizard) which goes long if the Value is 1 and goes short if the value is -1.

It doesn't work though. If I try to plot the indicator, it doesn't plot anything. Why?

Thank you

[NinjaTrader_Ray]

Sorry, I don't know. The reference sample code and logic works I know that for sure. You will need to dig in and figure out why your code is not working as you expect.