One trade per "event".

[White Fork]

Breaking my brain on this-help please.
In Strategy Builder (NT8), I created the signal: Go long when price crosses above HULL50, then (within a lookback period of 10) drops to touch the HULL30. What I can't figure out is how to do, is make the strategy stop trading after (X) amount of trades. Then, after a Short position has triggered and closed (after same (X) amount of trades), a long position can be triggered again. Make sense? BTW - I am trading intra-day so a simple "bars since exit" doesn't seem to work here.
Thanks in advance...

[NinjaTrader_PaulH]

Hello White Fork,

Thanks for your post and welcome to the NinjaTrader forums!

To accomplish one trade per event you can create a bool variable that flip-flops between events. A bool is a variable that can only be true or false.

For example, using pseudo code:

if (crossabove event and bool is false)
place long trade
set bool to true // this will prevent a reentry in the cross above and prepares for crossbelow

if (crossbelow event and bool is true)
place short trade
set bool to false// this prevent a reentry in the cross below and prepares for crossabove

[White Fork]

Perfect, thank you Paul.