OnEachTick vs. Timebased Entry vs. TrailingStop

[SuneSorgenfrei]

Hi
I have a little issue i am sure one of you codewizards can help with.


My main strategy methid is the this

protected override void OnBarUpdate()
        {
            if(Time[0].Hour == 15 && Time[0].Minute == 30)//Last 1 min bar before open
            {
                if(Open[0] < Close[0])//Up Bar
                {
                    SetupTrade(1);
                }
                else if(Open[0] > Close[0])//Down Bar
                {
                    SetupTrade(0);
                }
                else if(Open[0] == Close[0])
                {
                    if(Open[1] < Close[1])
                        SetupTrade(1);
                    else
                        SetupTrade(0);
                }
            }

        }

The method it calls is the following

        private void SetupTrade(int direction)
        {

            if(direction == 1)
            {
                EnterLongStopMarket(1, High[0] ,"NQUP"+CurrentBar);


            }
            else
            {
                EnterShortStopMarket(1, Low[0], "NQDOWN"+CurrentBar);


            }
            //SetProfitTarget(CalculationMode.Ticks, 20);
            SetTrailStop(CalculationMode.Ticks, TrailingStop);



        }

My problem is that if i set

Calculate   = Calculate.OnEachTick;

then the method fires away too soon.but the TrailingStop works on tick basis
If i set

Calculate   = Calculate.OnBarClose;

it fires 1 time when expected but now the trailingstop only moves at each barclose which is way to late.

So is there a way to get the method firing precisly at 15.30 GMT+1 / 9.30 EST and at the same time have the trailingstop react to every tick ?

Best Regards,
Sune

[NinjaTrader_PaulH]

Hello SuneSorgenfrei,

Thanks for your post.

Use Calculate.OnEachTick and for the event to happen only once per bar use IsFirstTickOfBar
Reference: https://ninjatrader.com/support/help...ttickofbar.htm

[SuneSorgenfrei]

Hi Paul
Thanks for the tip but i do not think that will solve the issue as i only need the 1 minute bar from 9.29 - 9.30, but i need the high/low when the bar has finished.
The only thing i can think of then is to set the Time to a minute later than and ask for the first tick of that bar to get access to the old bar something like

If(IsFirstTickOfBar)
     if(Time[0].Hour == 15 && Time[0].Minute == 31)
        Bars[1].High // that would then by the 9.29 - 9.30 bar right ?

[NinjaTrader_PaulH]

Hello SuneSorgenfrei,

Thanks for your reply.

Sure, you could access the previous bar data using High[1] when the time condition is met along with first tick of the next bar (which is almost the same time as the close of the previous bar).