What condition should I put to order entries with indicators like zig zag (default in nt8) or zig zag (from "rancho dinero "). For example, open an order at the end of a swing. Thanks.
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Zig Zag in strategy builder
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Zig Zag in strategy builder
Hi, i have a question about strategy builder.
What condition should I put to order entries with indicators like zig zag (default in nt8) or zig zag (from "rancho dinero "). For example, open an order at the end of a swing. Thanks.Tags: None
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Hello Carlos19,
Thank you for your post.
When it comes to the NinjaTrader 8 ZigZag indicator, the Strategy Builder can provide the current high and low for ZigZag. If you are looking for the end of a swing, however, this would require the use of the ZigZag().HighBar() and ZigZag().LowBar() methods that are not available in the Strategy Builder and would require an unlocked NinjaScript in the NinjaScript Editor. If the HighBar() or LowBar() returns a value of 1 bar ago, that would mean the previous bar is where the high or low occurred, and you could then use that as an entry condition or to draw an object on that bar. For the syntax of the methods available to get the Bars Ago of a high bar or low bar, please see the help guide page for ZigZag here:
Similar topics have been discussed in the following threads:
Hi, I'm trying to use the zig zag indicator in my trading strategy but I do not understand how it is calculated in the ninjatrader. Can you help me to explain how its calculated based on the setting I use below? Deviation type: Points Deviation value: 0.5
Hi I've been trying to define previous highs and lows by using ZigZag's inbuilt barsAgo function but haven't been able to succeed. Here is the link for the
I wouldn't be able to speak for the zig zag from "rancho dinero" - you would need to reach out to the developer of that indicator for information on how it works and which public plots it has that would be exposed to the Strategy Builder.
Please let us know if we may be of further assistance.Emily C.NinjaTrader Customer Service
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