Usnig both OnEachTick + Bar Close

[Ousher]

Hi,

The strategy im working on has to enter a trade if the following is met

Previous 2 bar are positive (Open < Close)
+
The price has fallen 3 points from the CURRENT bar's open.

Currently I have the Calculate as

Calculate.OnEachTick

Not sure how to go about the code itself, but i have this so far

if (IsFirstTickOfBar)
{
if (Open[1] < Close[1])
&& (Open[2] < Close[2])
}
&& ((Low[0] + 3) < Open[0])

{
EnterLong(Convert.ToInt32(DefaultQuantity), @"buy");
BarBrush = Brushes.DodgerBlue;
}

Doesnt work due to

(Low[0] + 3) < Open[0])

being mixed with a tick calculation and a bar calculation? And there an error with the &&, how should I go about combining the 1st part of the code with the 2nd?
Thanks!

[NinjaTrader_PatrickH]

Hello Ousher,

Thank you for your post.

The code would need to be the following:

if (IsFirstTickOfBar && Open[1] < Close[1] && Open[2] < Close[2] && Open[0] >= (Low[0] + 3))
{
// Take your desired action.
}

Some resources that you may find useful can be found in our Help Guide at the following link: https://ninjatrader.com/support/help..._reference.htm

Please let me know if you have any questions.

[NinjaTrader_PatrickH]

Hello Ousher,

To follow up on my last post; the IsFirstTickOfBar is likely to make the "Open[0] >= (Low[0] + 3)" invalid as the first tick of the bar is the open and the low and the high and the close.

So you could do the following:

// define a new variable for a bool outside the OnBarUpdate() method.
private bool MyBool = false;

private override void OnBarUpdate()
{[INDENT]if (IsFirstTickOfBar)
{[/INDENT][INDENT=2]MyBool = false;
if (Open[1] < Close[1] && Open[2] < Close[2])
{[/INDENT][INDENT=3]MyBool = true;[/INDENT][INDENT=2]}[/INDENT][INDENT]}[/INDENT][INDENT]if (MyBool && Open[0] >= (Low[0] + 3))
{[/INDENT][INDENT=2]// Take your desired action;[/INDENT][INDENT]}[/INDENT]
  }

[Ousher]

Awesome. Thanks Patrick!