Strategy Triggering Several Times in A Row

[amigatlin]

Hello,

Im practicing making srategies and Ive come across an weird issue. I using the RSI as apart of a multi-condition trigger. Take a trade when the RSI crosses above the RSI AVG. Something just happened when the RSI and RSI AVG was bouncing back and forward across each other for like 2 mins. Between 8:30 and 8:32, there was over 100 trades taken, resulting a huge loss in my sim account.

My strat is set to calculate on bar close and 1 entry per direction.

How can i make sure that it does not perform like this? Bool? Is there a way to disable the strat if there are so many consecutive trades in a short time period.

Also, when i back test this doenst seem to happen at all. And, when I disabled and re-enabled the strat in my chart and go look at statergy performance, it does not show this issue at all.

Any help would be appreciated.

[NinjaTrader_ChelseaB]

Hello amigatlin,

To have one action per bar, use a bool. In the action set the bool to true. When IsFirstTickOfBar is true set the bool back to false. Require the bool to be false in the condition.
https://ninjatrader.com/support/help...ttickofbar.htm

To count events, like the number of times a condition is true, use an integer that is incremented.
https://ninjatrader.com/support/foru...260#post812260

To disable a strategy call CloseStrategy().
https://ninjatrader.com/support/help...sestrategy.htm

"My strat is set to calculate on bar close and 1 entry per direction."

Are you certain?
Have you printed the value of Calculate in OnBarUpdate() to confirm?

"when i back test this doenst seem to happen at all"

For intra-bar actions and fills, you will need to implement 1-tick intra-bar granularity and enable TickReplay.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/strategy-development/94098-isfirsttickofbar-vs-onbarclose-for-backtest-live?p=773377#post773377

[amigatlin]

Thanks Chelsea.

Is there away to perform the IsFirstTickOf Bar suggestion from stratergy builder. Currently I have 2 Sets and Set 1 is setting up a long. 3 Conditions and 1 action to enter long.

"To have one action per bar, use a bool.Done. Shold bool default to Tue or False. In the action set the bool to true. When IsFirstTickOfBar is true set the bool back to false. Require the bool to be false in the condition."

[NinjaTrader_ChelseaB]

Hello amigatlin,

Yes, on the left select Misc -> IsFirstTickOfBar, in the center select Equals, on the right select Misc -> True.

[amigatlin]

Thanks. At what point do I set the bool back to false? After the trade has completed?

[NinjaTrader_ChelseaB]

Hello amigatlin,

If you are trying to trigger one action per bar, the bool would be set back to false when Misc -> IsFirstTickOfBar is equal to Misc -> True.

[amigatlin]

Thanks. I tied to implement the steps from your first comment and the most recent one but now im getting an trade at the begenning of every bar. Do you have an example strategy built that has the steps above in it.

For example. 1. If MACD crosses over MACD AVG enter long 1. If SMA 2 crosses below DEMA 15 exit long.

Im having trouble knowing where to place the following

1. Default value for my bool
2. IsFirstTickOfBar = True
3. where to "Require the bool to be false in the condition"
4. Set the bool back to true

Thanks Again

[NinjaTrader_ChelseaB]

Hello amigatlin,

Below is a link to a post with sample code.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/strategy-development/1113081-one-order-entry-per-bar?p=1113176#post1113176

[amigatlin]

NinjaTrader_ChelseaB

Thanks for the help. I was able to use it in my strat and it fixed my issues.