Distance Condition

[TDHarris5]

Hello,

I am trying to create a condition for a strategy where when the distance between the vwap and the first standard deviation is greater than a certain value than my strategy can go long or short. How would I put this into the strategy builder?

[NinjaTrader_BrandonH]

Hello TDHarris,

Thanks for your post.

The Order Flow VWAP indicator is not accessible in the Strategy Builder due to the complexity of the indicator's code.

To use the Order Flow VWAP indicator in a custom NinjaScript strategy, you would need to unlock the code from the Strategy Builder using the 'Unlock code' button and manually program the logic into your strategy.

Please see the help guide page linked below about how to access the Order Flow VWAP indicator in a custom NinjaScript and sample code.

Order Flow VWAP: https://ninjatrader.com/support/help...flow_vwap2.htm

Let me know if I may assist further.

[TDHarris5]

Hi Brandon,

Thank you for your reply. I have another question unrelated... How can I set a strategy in the strategy builder to stop trading once a certain max loss has been hit for the day?

Thanks in advance

[NinjaTrader_BrandonH]

Hello TDHarris5,

Thanks for your note.

The Strategy Builder custom series can be used with offsets to do math and subtract the total PnL from yesterday's PnL to get the current PnL and provided an example of how to set a Daily Loss Limit using the Strategy Builder.

Please see the example script, DailyLossLimitBuilderExample, in the forum post linked below for how this would be accomplished.

https://ninjatrader.com/support/foru...limit-examples

Let us know if we may assist further.