entry orders keep happening

[SteveReiza]

..how long does the "false" last for? is it just for one bar?

you typed is it first tick of bar earlier. do i need to put that somewhere in the strategy. or, just the bool is enough?

[NinjaTrader_ChelseaB]

Hello SteveReiza,

The bool will remain false until it's assigned a true value.
I've suggested to set to back to true on the first tick of a new bar to allow new orders on a new bar.

[SteveReiza]

..you typed if (IsFirstTickOfBar) earlier in the thread. do i need that somewhere in the strategy? or, is that bool you gave an example of all this is needed?

[NinjaTrader_ChelseaB]

Hello SteveReiza,

IsFirstTickOfBar is true after a bar closes and a new bar opens. If you want to reset the bool so a new order can be submitted on a new bar, then reset the bool when IsFirstTickOfBar is true.

[SteveReiza]

thanks for the replies. okay sweet. this is where i am with a stop loss i'm working on. i don't know how to reset a bool. can you offer guidance? where do i put the isfirsttickofbar? i see it in the options to be selected in the strategy builder.

[NinjaTrader_ChelseaB]

Hello SteveReiza,

If the bool started as false, and was assigned a value of true, set this to false to reset it.
If the bool started as true, and was assigned a value of false, set this to true to reset it.

private bool myBool;

if (myBool == true && IsFirstTickOfBar == true)
{
myBool = false; // reset bool to false on first tick of new bar
}

if (myBool == false && Close[0] > Open[0])  // require the bool to be false to allow an entry
{
EnterLong();
myBool = true; // after calling an entry method set the bool to true to prevent further orders until reset back to false
}

In this sample myBool is a bool that starts as false. The entry condition requires the bool to be false and places an order and changes the bool to true. On the first tick of a new bar the bool is reset back to false to allow a new order. This sample would allow only one entry method to be called per bar.

[SteveReiza]

thanks for the reply. okay sweet. i think i'm tracking.

i did it in the strategy builder as another set. is that okay? does it need to be in front or can it be after everything?

[NinjaTrader_ChelseaB]

Hello SteveReiza,

The conditions sets are evaluated independently and in order.
This should be the first condition set if you want the bool reset for the subsequent conditions on the same bar pass.
(You can drag and drop the set tabs to re-order them)

[SteveReiza]

thanks for the reply. okay sweet. i'll do that!