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Fibonacci Strategy in Strategy Builder - Not working and no clue why not

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    Fibonacci Strategy in Strategy Builder - Not working and no clue why not

    Hi there, I'm trying to use the Fibonacci Pivots Indicator with a simple strategy to enter a long position when the price (on tick basis) crosses over one of the fibonacci levels, short, when it crosses under. I thought I could do this in strategy builder quickly by just saying Price (ask) > fibonaci S2 for example...

    However it doesn't work.. The attached ZIP is not an exported add-on, just a text file containing the strategy, as I get errors when trying to export the strategy (however it compiles just fine).
    Would appreciate some insight on how to troubleshoot and if somebody has another indicator (free) that does something similar, I'd appreciate a note!

    Cheers!
    Attached Files

    #2
    Hello Oracletrades,

    When exporting, select System indicators from the drop-down and then add the FibonnaciPivots indicator with the export.

    The GetCurrentAsk() is a snapshot of the current ask and not a series, this means that plot has to cross the current ask. You may be wanting to use the Close for the current last price as this provides a series.

    Use prints to understand the behavior of a strategy.
    Watch the video labelled 'Debugging using prints with the Strategy Builder' in the post linked below.
    Chelsea B.NinjaTrader Customer Service

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      #3
      Hello Oracletrades,
      You have to use Close or High or Low to cross above or cross below the pivots points you're testing. Also, just a follow-up, does it work for you?

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