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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?Tags: None
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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.htmBrandon H.NinjaTrader Customer Service
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