Help with strategy in strategy builder

[dylanbower]

Hi, I wanna build a strategy in builder strategy where if the current candle breaks the high of the previous it goes long and if the current candle breaks the low of the previous candle it enters a short position. I attached below what I currently have in the strategy, but every time I add the strategy to a chart no results show up. Is there something wrong with the one I have currently?

[NinjaTrader_ChrisL]

Hi Dylan, thanks for posting.

I don't see anything wrong with that strategy. It should produce signals. Are you sure you have enabled the strategy by checking the Enabled checkbox?

Best regards,
-ChrisL

[dylanbower]

Thanks Chris it works now, however, the strategy currently goes short and long once it breaks above or below the bar and not the actual low or highs. I want the strategy to only go long or short once the price breaks above or below the highest wick or lowest wick of the candle. How would I do this?

[NinjaTrader_ChrisL]

Hi Dylan, thanks for your reply.

The strategy is processing the OnBarUpdate method OnBarClose (see the Calculate property), so it will evaluate your conditions on the first tick of the next bar. If you want it to enter the trade on the tick that Low < Low[1] or High > High[1] you must calculate OnEachTick. I would also recommend using the Print method to see the data the strategy is processing, this will help to debug and get expected behavior:

https://ninjatrader.com/support/help...nt8/?print.htm

Best regards,
-ChrisL

[dylanbower]

I changed the calculation setting to each tick and its still going long and short on the high and low of the candle and not the wicks.

[NinjaTrader_ChrisL]

Hi Dylan, thanks for your reply.

It's processing the historical data which will run OnBarClose unless you use Tick Replay. See here for documentation:

https://ninjatrader.com/support/help...ick_replay.htm - Developing for tick replay

https://ninjatrader.com/support/help...ime_vs_bac.htm - Real-Time vs historical discrepancies

To test an OnEach tick strategy you can also use the Playback connection for backtests:
https://ninjatrader.com/support/help...connection.htm

Best regards,
-ChrisL

[dylanbower]

Okay thank you! Just for confirmation, if I run the strategy with a live account and I have it calculating on each tick it should actually go long and short on the lowest and highest ticks and not the low and high of the candle itself correct?

[NinjaTrader_ChrisL]

Hi Dylan, thanks for your reply.

Running OnEachTick will be more sensitive than OnBarClose, the best way to test the behavior will be to use the Playback connection. Running OnEachTick, the condition Low[0] <= Low[1] will evaluate to true the very instant that tick comes in, it is not going to take the final Low and evaluate it with the previous Low[1]. To evaluate the closing Low[0] with the previous Low[1] you would need to keep this running OnBarClose, but that would also mean the order is placed at the Close[0] price instead of the wick prices.

Best regards,
-ChrisL