Strategy to pick from list

[skidsteerpilot]

Could someone point me to a strategy example to pick the strongest or weakest symbol from a list of symbols based on an indicator value? For example, DJ-30 is a list, RSI14 is the indicator, each time frame (daily, weekly, monthly) the strategy re-evaluates the list and picks the one symbol with weakest RSI14 to purchase.

Thanks, SSP

[NinjaTrader_AlanP]

Hello skidsteerpilot,

Thank you for your note.

I’m unaware of such strategy however you could add a data series for each symbol you’d like to check through using,

https://ninjatrader.com/support/helpGuides/nt8/en-us/?adddataseries.htm

Then you would you could write a series of if statements to determine the weakest RSI, for example you check if the RSI of the 2nd series is lower than the third and 4th,

if(RSI(BarsArray[1], 10)[0] < RSI(BarsArray[2], 10)[0] &&  RSI(BarsArray[2], 10)[0] < RSI(BarsArray[3], 10)[0])
//use second instrument added.

I would suggest seeing the SampleMultiInstrument strategy preloaded with NinjaTrader for a strategy with additional series added.

Please let us know if you need further assistance.