exit help+suggestion

[janio973]

hello,I need some help
1---I want to know if it's possible to make this condition on builder: exit on first profitable canddle / exit after 4th canddle in profit or loss
2---can you suggest me an indicator on nt8 to identify the low and the highs of a canddle....for example i want to build a strategy on builder with theses simple rule : buy if close is lower than previous last 3 lows ,and close position(sell) if price close above or equal the 3 last highs
thanks for any help

[UltraNIX]

1 - it is possible, and, quite easily:

if (BarsSinceEntryExecution == 3) // 4th bar after Entry
{
// Your exit logic;
}

if(Position.GetUnrealizedProfitLoss(PerformanceUnit.Points, Close[0]) > 0) // Profit/Loss > 0
{
// Your exit logic;
}

2 - I don't know of such indicator, but a simple if statement would do:

if (Close[0] < Low[1] && Close[0] < Low[2] && Close[0] < Low[3]) // Current close is lower than 3 last lows.
{
// Your buy logic;
}

if (Close[0] >= High[1] && Close[0] >= High[2] && Close[0] >= High[3]) // Current close is equal or higher than 3 last highs.
{
// Your sell logic;
}

[NinjaTrader_ChrisL]

Hi janio973, thanks for posting. There is a collection of example conditions the builder can make here:

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?strategybuilder_condition_builder.htm

The "Strategy" folder has several account related things you can use e.g. Current Market Position, Unrealized PnL, and BarsSinceEntryExecution e.g.

https://clauber.tinytake.com/msc/Njc1MDEyMV8xOTM2MTY4MQ

The builder can read the Low and High price arrays e.g.

https://clauber.tinytake.com/msc/Njc1MDEzNF8xOTM2MTY5NA

Please let me know if you have any questions.

[janio973]

thanks a lot UltraNIX and NinjaTrader_ChrisL for your precious help ,im going to work on all that
have a nice day

[janio973]

thats working ,gracias guys

[UltraNIX]

Great results. What timeframe and instrument are you using?

[janio973]

this is NQ 9mn timeframe,yeah good results,but it needs more contract or another strategy to make a living from it