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Placing a trade when above or below EMA in strategy

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    Placing a trade when above or below EMA in strategy

    Hello:
    Looking for a code in strategy to place a long trade when above 9 EMA and short trade below 9 EMA.
    Any help would be appreciated.
    Thanks

    #2
    Hello mtamaku,

    Thanks for your post.

    I see you have posted in the Indicator Development section of the forums but your question is regarding programming a NinjaScript strategy.

    Since your question is about programming a strategy, I have moved this thread to the Strategy Development section of the Forums.

    You could use the Strategy Builder (New > Strategy Builder) to set up crossover conditions based on the EMA indicator and call Entry order method actions to place orders.

    In Set 1 of the Strategy Builder strategy, you would create a CrossAbove condition that checks if the Close price (Price folder > Close) crosses above the EMA(9) indicator (Indicators folder > EMA). In the actions section of this set you would call EnterLong() to place a long order (Order Management folder > Enter long position).

    In a second Set, you would create a CrossBelow condition that checks if the Close price (Price folder > Close) crosses below the EMA(9) indicator (Indicators folder > EMA). In the actions section of this set you would call EnterShort() to place a short order (Order Management folder > Enter short position).

    See the help guide documentation for more information about Strategy Builder Conditions and Actions, including creating crossover conditions and placing orders.

    Strategy Builder Screens: https://ninjatrader.com/support/help...er_screens.htm
    Conditions: https://ninjatrader.com/support/help...on_builder.htm
    Actions: https://ninjatrader.com/support/help...t8/actions.htm

    Below is a link to a forum post with helpful information about getting started with NinjaScript.

    Brandon H.NinjaTrader Customer Service

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