Entries via Alert with Conditions Inconsistent

[swjake]

Hi,

Hoping someone can help generate a consistent result. I'm on NT8 (8.0.28.0) and using 1 minute charts with Cumulative Delta for more precise entries.

I use the Fib tool to enter at certain levels on pullbacks and this is where the issue is. I also use Rays, trendlines and channels to enter using the same alert conditions with the same mixed results.

My alert entries are only triggering ~ 60% of the time.

Here's the process:
Once I have a swing high & low, I set the fib lines and set an entry for the 38.2 level (pics of conditions attached with short entry as example). The idea is that price quickly wicks above the 38.2 level, moves back below and I want a least one candle to CLOSE BELOW 38.2 & Cumulative Delta Low to close Lower than previous bar before the alert triggers market order for entry.

Then, ideally, alert triggers once CumDelta breaks low of previous bar.

Sometimes it happens, other times no. In market replay, it's closer to 80-90% but live trading is 50 - 60%. If someone knows a better way, I'm open and ready....

Any help would be appreciated.
Thank you!
SWJ

[NinjaTrader_Adrian]

Hello swjake,
Thank you for your post.

We are currently in the process of testing your alert, to clarify are you using the Order Flow VWAP as ETH VWAP with an ETH template on it? In addition, to confirm are you using this alert to submit orders?

We look forward to your reply.

[swjake]

Hi,
Thanks for the quick response. Yes, using Order Flow VWAP with ETH hours template. However, not using it for any alerts.

And yes, I'm using the alert to submit orders via the add action section at bottom of Alert Window (also have email to text message sent to alert me when away from system--which is the whole idea). I submit market orders and assign a ATM strategy.

I use Cumulative Delta as a condition to act as a filter when CumDelta is increasing in my direction.

Let me know if you need any other info. Open to all suggestions/improvements.

Thanks,
SWJ

[NinjaTrader_Adrian]

Hello swjake,
Thank you for your response.

In order to better assist you, what specific date and time that the alert should have triggered but didn't so we may try to reproduce on our end.

We look forward to your reply.

[swjake]

Here it is again this morning. I've attached screenshot and marked up:

Condition 1) "Cross Above" 38.2, Lookback period 5
Condition 2) "Less" 38.2, 1 Bar Ago
Condition 3) CumDelta Less CumDelta 1 Bar Ago

The CumDelta low for those three bars were -187 & -188. It should have triggered on next bar when CumDelta hit -189. All conditions were met and the alert didn't trigger.

I use data box to verify all numbers and watch each tick. It's super frustrating for the alerts to fire with no consistency. And now the alert fired (see second image). At a worse trade location...

Today's instances:

/MCL 10-23 M1 Chart
10:56 - 10:59 AM EST bars
Did not fire when conditions met

It did fire @ exactly 11:19:17 AM EST, filling orders @ 80.51

[NinjaTrader_Adrian]

Hello swjake,
Thank you for your response.

After looking over your alert extensively we would recommend looking into custom programming for an alert of this complexity that is being used to submit orders. If you wish to look into custom programming for this alert you may contact our NinjaScript team at [email protected] If you wish on getting the alert to work without custom programming we would advise you to create 3 separate alerts of each condition you have built and troubleshoot which condition isn't firing that you want.

Please don't hesitate to reach out if you have any additional questions on this matter.