Buy X% below the open

[Joaqvil]

Hello I would like to make a strategy that let me buy when the price closes below X% below the open price. How can I use percentages in strategy builder?

[KonstantinosNT]

Use the Offset Property in Condition Builder (it accepts %)

[NinjaTrader_BrandonH]

Hello Joaqvil,

Thanks for your post.

KonstantinosNT is correct. You could create a condition in your strategy that checks if the current Close price (Close[0]) is Less than the current Open price (Open[0]) offset by a percentage.

See the attached image of what this might look like in the Strategy Builder.

And, see the help guide documentation below for more information.

Offset and Item Value: https://ninjatrader.com/support/help...setAnItemValue
Conditions: https://ninjatrader.com/support/help...on_builder.htm
Actions: https://ninjatrader.com/support/help...t8/actions.htm

Let me know if I may assist further.