working with multiple time frames

[ezrollin]

What if I was trying to set a specific manual profit target/stop out on a shorter (faster) time frame, like a red bar of the 5 minute.
Can I just throw this code into my

protected override void OnBarUpdate()

?

if (BarsPeriod.BarsPeriodType == BarsPeriodType.Minute && BarsPeriod.Value == 5)
   {
          // Indicator calculation logic here

          if (Close[0] < Low[1]) //break out to the down side
               {
                 ExitLong(DefaultQuantity,"","");
               }
}

Would I need to run unlocked code for it to even work? Thanks

[NinjaTrader_ChelseaB]

Hello ezrollin,

The strategy would need to be unlocked to place orders to an added series as this is not possible with the Strategy Builder. With the Strategy Builder orders must be placed to the primary series (chart series).

You could instead make the chart have the time frame you want the orders to update on, and add the other series as added series, instead of that being the primary series (chart series).

Below is a link to the unlocked example of placing orders to the BarsInProgress of an added series.

https://ninjatrader.com/support/helpGuides/nt8/backtesting_ninjascript_strate.htm