Can Strategy Builder Enter on Tick Change but Exit on Bar Close?

[anotherone1]

I have an EMA crossover strategy built using the condition builder.

It gets better entries when calculating each tick but better exits when using calculate on bar close.

My question is, is there a way to combine the two methods on the same strategy?

For example, can I set it to calculate on each tick but add some logic that waits after the exit condition is triggered until the bar closes and then checks if the condition still exists,

or better yet, only checks for the exit condition on the bar close?

Appreciate your help on this,

[NinjaTrader_ChelseaB]

Hello anotherone1,

In the Strategy Builder, it is possible to set Calculate to OnEachTick, and then in some conditions require Misc -> IsFirstTickOfBar to be true to trigger actions when the bar closes.

That said, the Strategy Builder cannot implement 1-tick intra-bar granularity, so in historical even with TickReplay orders will be filled with end of bar information.

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

[anotherone1]

Hello anotherone1,

In the Strategy Builder, it is possible to set Calculate to OnEachTick, and then in some conditions require Misc -> IsFirstTickOfBar to be true to trigger actions when the bar closes.

That said, the Strategy Builder cannot implement 1-tick intra-bar granularity, so in historical even with TickReplay orders will be filled with end of bar information.
https://ninjatrader.com/support/foru...377#post773377

Thanks for this suggestion; it seems to work but still needs improvement.

What I need is for the condition to be true on this bar and then STILL be true on the close of the bar, or for our purposes, the first tick of the next bar.

With this update, it's only checking if the condition is true on the first tick of the bar and then exits, even if the condition wasn't true at the close of the previous bar, or at the close of the next bar

[NinjaTrader_ChelseaB]

Hello anotherone1,

In real-time with Calculate.OnEachTick, IsFirstTickOfBar will only be true on the first tick of a new bar, which is when the previous bar closes. Meaning, the first tick of the new bar is what closes the previous bar.

When Calculate is OnBarClose, the most recently updated bar, barsAgo [0], is the most recently fully closed bar.
When Calculate is OnEachTick, the most recently updated bar, barsAgo [0], is the currently building unclosed bar. The most recently fully closed bar is [1] barAgo.

See the help guide on how bar information is accessed.

https://ninjatrader.com/support/helpGuides/nt8/index.html?multi-time_frame__instruments.htm#HowBarsDataIsReferenced

If your condition is true 1 bar ago, use 1 as the barsAgo indexes in the conditions.

[anotherone1]

Example with EMA crossover

I went long on EMA crossover, and now EMA crosses under on a 5m bar. so if we calculate each tick, it will exit as soon as crossunder happens. However, I want it to wait until the bar closes, and then check if fast ema is still below slow EMA.

So I should change this to 1 instead of 0, and then it will work oven with Calculate is OnEachTick?

[NinjaTrader_ChelseaB]

Hello anotherone1,

Unfortunately, CrossAbove / CrossBelow do not work with barsAgo values.

Instead you will need two conditions in the set. One condition where the EMA with BarsAgo 2 is greater than EMA with BarsAgo 2, and the other where EMA with BarsAgo 1 is less than EMA with BarsAgo 1. (Meaning it was greater than 2 closed bars ago, and is less than 1 closed bar ago)