New to strategies, need some insight

[sprks7979]

Hello all,

I am just getting into strategies with the strategy builder. I have a few that are "working" but am running into an issue. Is there a way to "kill" a strategy until the opposite is true? Ie. Lets say for simplicity sake that I am running a simple PSAR strategy that triggers a buy when price is above and sell when below. Using a simple 20 tick TP and a 10 tick SL. Im running on various bars and time frames, my issue is that it keeps kicking off, multiple times back to back. I would like to be able to have the strat "wait" until the opposite is true before getting back in.

For example, if trade 1 is a long trade then I wouldnt want to take another until it goes short. Sort of a reset. Is this possible within the builder? I am not very good with C# and would rather be able to use the builder to implement and adjust.

Thanks in advance

[NinjaTrader_ChelseaB]

Hello sprks7979,

Welcome to the NinjaTrader forums!

You can use a bool variable for this. Once the first condition is true, set the bool to true in the 'Do the following section'. In that same condition set, require that bool to be false. This will mean once the action is taken, it won't be taken again until the bool is set back to false.

In another condition with the opposite conditions, require this bool to be true, and set the bool back to false. This resets the trigger for the first condition set.

Below is a link to an example of using bools that can be opened in the Strategy Builder.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/strategy-development/1130921-entering-trade-when-conditions-don-t-happen-simultaneasly?p=1131172#post1131172