Strategy Arrows - 50 SMA

[priceisking]

Hi,

i'm trying to create a simple strategy that shows an down arrow if the current bar closes below the 50 sma if it touched the previous bar and and up arrow if it closes above the sma if it touched the previous bar.

See attachment. I'm pretty good with coding and working around the strategy builder. but for some reason, my settings just doesn't work. At this point, i don't want to auto trade just yet. I want to for now, just add arrows. If anyone can just walk me through it , i can do the rest but i'm not have good luck trying to get it to work.

Thanks,

[NinjaTrader_AlanP]

Hello priceisking,

Thank you for your note.

Would you like to upload a copy of the script you've written in the builder which is not working?

I look forward to your reply.

[priceisking]

code

I've uploaded the code that it generated from the strategy.

[NinjaTrader_AlanP]

Hello priceisking,

The issue is probably related to reusing the same tag name for each arrow. For example, each time you draw an arrow its going to be reused rather than creating a new one. This could be why you are not seeing them on evey condition.

I would suggest adding the current bar to the name of your arrow, I have provided a screen shot of how you could do this in the builder.

I used the following to write your logic, for an up arrow which may be a better approach. You could replicate this in the builder.

if(CurrentBar<60) return;
			
if(Close[0] > SMA1[0]	&& Close[1] < SMA1[1]	&& SMA1[1] > Low[1])
Draw.ArrowUp(this, "Blah"+CurrentBar, true, 0, Low[0], Brushes.Red);

Interested in the logic I put it into a strategy. The strategy will buy on an up arrow, work a stop below the previous bars low. Then after 2 bars, will begin to adjust the stop to the previous bars low as long as their was a higher low.

Please let us know if you need further assistance.

[priceisking]

Thank you!

Hi Alan,

Thank you so much. I figured it out and works great now thanks to your help.


Appreciate it.