Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Enter trade based off opening price of current daily price bar in relation to SMA

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Enter trade based off opening price of current daily price bar in relation to SMA

    I am trying to create a strategy where I enter a position either long or short on the opening of the stock market using the opening price and the daily chart. However, the issue I am having is that the logic that controls whether to go long or short is using the previous daily candles opening price to make a decision for today's trade. How do I configure the strategy to look at today's opening price? FYI, previous bars is set to 0.

    #2
    Hello magnolia318,

    Thank you for the post.

    Here is a post on the same subject where our colleague Chelsea demonstrates adding an additional 1 tick series to your script so you can access the opening value without needing to run the Strategy on each tick:



    Please let me know if you have any additional questions.

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by CaptainJack, 05-29-2026, 05:09 AM
    0 responses
    163 views
    0 likes
    Last Post CaptainJack  
    Started by CaptainJack, 05-29-2026, 12:02 AM
    0 responses
    82 views
    0 likes
    Last Post CaptainJack  
    Started by charlesugo_1, 05-26-2026, 05:03 PM
    0 responses
    125 views
    0 likes
    Last Post charlesugo_1  
    Started by DannyP96, 05-18-2026, 02:38 PM
    1 response
    206 views
    0 likes
    Last Post NinjaTrader_ChelseaB  
    Started by CarlTrading, 05-11-2026, 05:56 AM
    0 responses
    185 views
    0 likes
    Last Post CarlTrading  
    Working...
    X