Trigger a trade on market open, on opening of first bar.

[tomd0361]

How to do I trigger a trade on market open, on opening of first bar.

[NinjaTrader_PaulH]

Hello tomd0361,

Thanks for your post and welcome to the NinjaTrader forums!

You would need to use a calculation mode of Calculate.OnPriceChange or Calculate.OnEachTick so that your code will run intrabar.

Then you can use the system bools of Bars.IsFirstBarOfSession and IsFirstTickOfBar.

Reference:

https://ninjatrader.com/support/helpGuides/nt8/?isfirstbarofsession.htm

https://ninjatrader.com/support/helpGuides/nt8/?isfirsttickofbar.htm

if (Bars.IsFirstBarOfSession && IsFirstTickOfBar)
{
// entry order
}

Note: the assumption is that you are using a trading hours session where the "Market Open" relates to the opening of the session. If that is not the case then you would need to replace the Bars.IsFirstBarOfSession with a time check of the bar, for example if 8:30 is the opening time and you are using 1 minute bars, you would check the bar (timestamp is based on bar close time) and then on the first tick of that bar perform the entry.

if (Times[0][0].TimeOfDay == new TimeSpan(8, 31, 0) && IsFirstTickOfBar) //
{
// entry order
}

[tomd0361]

Thanks Paul.