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price touches bollinger. but would like 5 ticks before

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    price touches bollinger. but would like 5 ticks before

    i'm attempting to code a strategy that has a candle come close to a bollinger line that calls for an entry. the thing is i don't want to enter on price touching the line. i want to enter on price within 5 ticks of the line. is there logic for this?

    #2
    Hello SteveReiza,

    Thanks for your post.

    You could consider offsetting the Bollinger indicator by 5 ticks to see if the current market price (Close) is say equal to that value.

    TickSize would be used to offset a value by a set number of ticks.

    For example, Bollinger(2, 20).Lower[0] - 5 * TickSize would be 5 ticks below the lower Bollinger band.

    if (Close[0] == Bollinger(2, 20).Lower[0] - 5 * TickSize)

    {
    //do something
    }


    See the help guide documentation below for more information.

    Bollinger Bands: https://ninjatrader.com/support/help...nger_bands.htm
    TickSize: https://ninjatrader.com/support/help...8/ticksize.htm
    <span class="name">Brandon H.</span><span class="title">NinjaTrader Customer Service</span><iframe name="sig" id="sigFrame" src="/support/forum/core/clientscript/Signature/signature.php" frameborder="0" border="0" cellspacing="0" style="border-style: none;width: 100%; height: 120px;"></iframe>

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      #3
      awesome, that's what i was looking for. thank you so much!

      Comment

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