Range Bar and Entry Candle

[Tradexxx]

Hi!
i'm using the strategy builder to define a strategy based on range bars,
i would like to define an entry only after a green candle appeared.
but: open [1] < close [1] isn't working.

can someone point me in the right direction pls.?
thx

[NinjaTrader_ChrisL]

Hello Tradexxx, thanks for your post.

I would need to see your strategy for a specific answer, you may Export it and post it here if you wish. I have attached a simple strategy that implements this condition.

Please let me know if I can assist further.

[Tradexxx]

Hi Chris, thank you very much!

This one buys also after red bars ....?

[NinjaTrader_ChrisL]

Hi Tradexxx. No this will only enter long if a green bar is detected.

[Tradexxx]

Hi Chris,

prob i'm doing something wrong....?
pls. see attached screen.

the pictures causes another question:
how can i ensure that an entry is only happening at the event and not sometimes later when other conditions are fullfilled?
is there a way to do that?
thank you!

[NinjaTrader_ChrisL]

Hello Tradexxx, thanks for your reply.

This is because you are running the strategy OnBarClose, it will only evaluate the OnBarUpdate method on the close of every bar. You have the option to run the strategy OnEachTick or OnPriceChange. This does mean you need to be more careful with your entry and exit as the OnBarUpdate method calculates multiple times intrabar e.g.: https://clauber.tinytake.com/tt/MzYyMDk5MF8xMDk1OTc4Nw

Best regards.

[Tradexxx]

Hi Chris,

thank you for the information.
Unfortunately i don't understand it.
Independent from the calculated method, the entries appear at each candle.
no matter if the candle is red or green...?

[NinjaTrader_ChrisL]

Hi Tradexxx,

The strategy is entering on those red bars because the bar two behind that one is green. When you put 1 for bars ago in the condition, that means the previous bar, so the entry will happen at the open of the next bar. You can set this to 0 and you will see the strategy enter on only the green bars.

Kind regards.