Multiple Time Frame

[piyushc]

I am trying to put certain conditions in a larger time frame using BarsInProgress ==1 and then some conditions in smaller time frame using BarsInProgress == 0, but the execution is not happening.

There is no coding error but it doesn't execute.

protected override void Initialize()
{
CalculateOnBarClose = true;

Add(PeriodType.Minute, 240);

}


protected override void OnBarUpdate()
{

if (BarsInProgress == 1)
{
if (
Close[0] > EMA(Close, 14)[0] // CONDITIONS IN LARGER TIME FRAME LIKE 240-MINUTE
)
{
if (BarsInProgress == 0)
{
if (CrossAbove(Close, EMA(Close, 14), 1)) // CONDITIONS IN SMALLER TIME FRAME LIKE 60-MINUTE
{
EnterLong(1, "");
}

}
}


}



}

[NinjaTrader_PaulH]

Hello piyushc,

Thanks for your post.

The sequence of your coding would prohibit entry because you cannot have BarsInProgress == 0 true and BarsInProgress == 1 true at the same time, it will always be one or the other that calls OnBarUpdate.

You might try:

if (CurrentBars[1] < 14) return;  // Do not process until enough bars loaded for EMA on 240 minute (I am assuming 240 minute is the higher time frame)

if (BarsInProgress != 0) return;  // only process on the chart bars

if (Close[0] >EMA(Closes[1], 14)[0] && CrossAbove(Close, EMA(Close, 14), 1))
{
EnterLong (1, "");
}

Closes[1] refers to the close series of the added data series so the statement Close[0] >EMA(Closes[1] is comparing the current value of Close to the 14 period EMA on the 240 minute data series.

References:
http://ninjatrader.com/support/helpG...t7/?closes.htm
http://ninjatrader.com/support/helpG...urrentbars.htm
http://ninjatrader.com/support/helpG...nstruments.htm

[piyushc]

This works perfectly.
Thanks a lot Paul.
Especially, for clearing this aspect "you cannot have BarsInProgress == 0 true and BarsInProgress == 1 true at the same time, it will always be one or the other that calls OnBarUpdate"