BarsSinceExitExecution() for MTF Strategy

[sagetrade]

I would like to add the BarsSinceExitExecution() method to my strategy as is included in the help guide...

protected override void OnBarUpdate()
{ 
  if (CurrentBar < BarsRequiredToTrade) 
      return; 
 
  // Only enter if at least 10 bars has passed since our last exit or if we have never traded yet
  if ((BarsSinceExitExecution() > 10 || BarsSinceExitExecution() == -1) && CrossAbove(SMA(10), SMA(20), 1))
      EnterLong();
} 

...however I want it to refer to the primary data series only (Minutes) and not to the secondary data series (Daily). The method signature in the help guide says this:

BarsSinceExitExecution(int barsInProgressIndex, string signalName, int exitExecutionsAgo) 

But how does the below statement need to look like then?

if ((BarsSinceExitExecution() > 10 || BarsSinceExitExecution() == -1) 

[NinjaTrader_AlanP]

Hello sagetrade,

Thank you for writing in.

You could modify your script like the following,

Using the last syntax at the following link,

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

Add a Signal Name and BarsInProgress Index,

EnterLong(0, 1, “MyLong”);

Then your BarsSinceExitExecution would look like the following for the primary series,

if ((BarsSinceExitExecution(0, “MyLong”, 0)
> 10 || BarsSinceExitExecution(0, “MyLong”, 0)
== -1)

Please let us know if you need further assistance.

[sagetrade]

Thank you. Do I need to specify the signal name or can I leave that blank?

if ((BarsSinceExitExecution(0, "", 0) > 10 || BarsSinceExitExecution(0, "", 0) == -1) 

[NinjaTrader_AlanP]

Hello sagetrade,

With the multi series script you should specify the signal name.

Please let us know if you need further assistance.

[sagetrade]

How can I make sure this not only works for "MyLong" but also for "Stopp loss"?

[NinjaTrader_ChrisL]

Hello sagetrade,

Thanks for the reply.

If you need the BarsSinceExitExecution method to consider any exit, just leave the signal name as an empty string. For targeting specific executions specifying a signal name is required.

Please let me know if I can assist further.

[sagetrade]

If you need the BarsSinceExitExecution method to consider any exit, just leave the signal name as an empty string. For targeting specific executions specifying a signal name is required.

The method would consequently look like the below, then?

if ((BarsSinceExitExecution(0, "", 0) > 10 || BarsSinceExitExecution(0, "", 0) == -1) 

Are the exits triggered by below methods considered "any exit":

ExitLongStopMarket()
SetStopLoss()

[NinjaTrader_ChrisL]

Hello sagetrade,

Thank you for the reply.

That is correct. Any execution that brings your position from long to flat or short to flat is considered an exit execution.