Close Position on Bar Color Change

[pickles1774]

Can I potentially close or flatten an open position as soon as an opposite-color reversal bar begins to form? To elaborate, if I'm currently holding a long position and the current bar starts turning red, even before it's fully closed, am I allowed to promptly close or flatten my position?

[NinjaTrader_Emily]

Hello pickles1774,

Thank you for your post.

This could be done as long as the strategy is set to calculate either OnPriceChange or OnEachTick:

• https://ninjatrader.com/support/help.../calculate.htm

Then you could consider using IsRising() or IsFalling() as part of your exit condition to detect if the price changes directions:

• https://ninjatrader.com/support/help...nt8/rising.htm
• https://ninjatrader.com/support/help...t8/falling.htm

Please let us know if we may be of further assistance.