Strategy entry

[JTizz]

I am trying to figure out how to create an offset on strategy builder that would allow me to enter 1 tic above the close candle high once the candle closes above upper Bollinger band? I have setting that will take the close when it closes above. Any info would be helpful.

[NinjaTrader_PaulH]

Hello JTizz,

Thanks for your post.

If I understand correctly, you want to enter a Sell limit order 1 tick above the previous bar high.

In the Strategy Builder set, click add in the "do the following" section. In the "actions" window, open the "Order Management" folder and select "Enter short position by a limit order". For the limit price, click "set" in the price field, in the "value window" open the "Price" folder, select "High" , at the bottom change "arithmetic" to "ticks and enter a value of 1 in the field.

Please note that in a Strategy Builder strategy, a limit order that is not filled on the bar it was placed on will be automatically canceled when that bar closes.

[JTizz]

When green up candle closes above Upper BB, buy 1 tic above close candle high

[JTizz]

Here are the setting

[JTizz]

the pic i posted is for a sell below BB opposite a buy above

[JTizz]

this is buy above close candle high

[NinjaTrader_PaulH]

Hello JTizz,

Thanks for your reply and clarification.

I understand that you want to enter a long order when closing above the upper BB and enter a short order when crossing below the Lower BB.

To enter a long order Above the current price, you would have to use "Enter long position by a stop order" or "Enter long by a stop limit order"

To enter a short order Below the current price you would have to use "Enter short position by a stop order" or "Enter short by a stop limit order".

[JTizz]

Got it. Thx Paul. Great explanation on what to do and how to do it.