Mutiple entries not working in strategy develpment

[Matt_E]

Hi ChelseaB,

I really like your ATRTrailing indicator. I was wondering if there was a way to modify the script so the new indicator plot (change in long/short) would plot "only" if price "closed" above/below the plot. With the current script, a new plot populates if price "breaks" the ATRTrailing stop. I have been using ThinkorSwim for many years and this is how their ATR Trailing Stop indicator works. I have found on higher time frames, using the "close" above/below method does a better job and holding the overall trend.

Thank you for your help.

[NinjaTrader_ChelseaB]

Hello Matt_E,

Welcome to the NinjaTrader forums!

https://ninjatraderecosystem.com/use...d/atrtrailing/

This is not my original work but a conversion from a NinjaTrader 7 script.

You are welcome to make any modifications you would like.

I recommend you first make a copy of the script with a new unique name.

https://youtu.be/H7aDpWoWUQs?t=355&list=PL3-s3qsUnfLSC7zCAc5ZmVnauWXkWe0Nf&index=14

The Sideset series appears to hold the direction.

The switching conditions appear to be

if (Sideset[1] == 1 && Low[1] > Plotset[1])

if (Sideset[1] == 0 && High[1] < Plotset[1])

You might add or replace the comparison with Close[1] > Plotset[1].

I am also including a link to a forum post with helpful information about getting started with NinjaScript.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts?p=786040#post786040

[Matt_E]

Awesome! I will give that a shot. Thank you, ChelseaB, for the info!