strategy help

[janio973]

Hello,I'm working in a strategy that the rule is very simple:
if today’s close is higher or equal to the highest close in the past 50 days, we buy tomorrow;
I just wanted to confirm with someone if I'm on the right path using MAX indicator
or there is another indicator out there to do the same logic,if yes wich ones??

close(0)>=max(high,50) ,
enter long
Thanks in advance for any suggestions and help

[NinjaTrader_Jesse]

Hello janio973,

That would be the correct way to form the condition. You can see an example of using Max here: https://ninjatrader.com/support/help...aximum_max.htm

double maxPrice= MAX(High, 50)[0];
if(Close[0] >= maxPrice)
{
    EnterLong();
}

This also assumes you are using a daily series, 50 BarsAgo for the lookback period would need daily bars to be 50 days. If you are using a lesser series you would need to calculate how many bars happen per day for that session and then multiply that by 50 days to get the total number of bars lookback needed.

[janio973]

NinjaTrader_Jesse thanks for your help