Heiken Ahshi + Tick Backtest

[awimm413]

New to NinjaTrader so looking for some help. I have a strategy where I would like to buy on an EMA crossover and price condition, with a limit order entry on the next candle that is based on the close price of the prior candle (the one that meets the condition). Using market orders with the calculation based on the close returns very promising results. However, I would like to test using a limit order but the returns and number of trades are much smaller. Am I overlooking something? Does the have something to do with trying to use the Heiken Ashi tick chart and the close being different than the actual candle close? I’m using Strategy Builder for what it’s worth. Thanks so much in advance!!

[gusheidner]

Heikin-Ashi changes where the close is. If your algorithm is "orders with the calculation based on the close," then you will have different results between regular candle sticks and Heikin-Ashi.

[awimm413]

How can I backtest Heiken Ashi using the real data instead of the visual Heiken Ashi close? I basically want to use the moving averages from the Heiken Ashi as a signal but obviously need to backtest with real close data. Thank you!

[NinjaTrader_ChelseaB]

Hello awimm413,

You may want to print the values of the conditions to see why the orders are not being submitted.
Below is a link to a forum post that demonstrates using prints to understand behavior and includes a video in the Strategy Builder.

https://ninjatrader.com/support/forum/forum/ninjatrader-7/strategy-development-aa/99209-date-conditions-not-working?p=791121#post791121

The Heiken Ashi bar type included with NinjaTrader rounds values to the nearest tick so that orders are not placed to an invalid price that does not conform to a tick size.

You can import the indicator Heiken Ashi and this would not be rounded.

https://ninjatraderecosystem.com/user-app-share-download/heiken-ashi-8/

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