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Next bar opening trade in a specific range

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    Next bar opening trade in a specific range

    Hello, I´d like to program in my strategy that there will be only entered a trade "on bar close" when the next opening bar is as example: "less than 1 Tick away" from the entry signal
    when the next incoming opening price after the signal is greater then 1 Tick away from the signal, the condition is false.

    Does anyone have a solution?

    #2
    As example:

    Signal is coming in

    When next bar is opening price after signal is less equal 1tick / 10 pips whatever , then condition is true

    Comment


      #3
      Hello Uregon,

      To get the number of ticks between two prices.

      (PriceA - PriceB) / TickSize

      If you want the previous Close or SMA, use a barsAgo value of 1 on the series.

      For example:

      if ( (Close[1] - SMA(7)[1]) / TickSize < 2 )

      Chelsea B.NinjaTrader Customer Service

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