How to exit long below Low of Signal Bar at bar close.

[Anquirk]

Hello there!
I'm trying to add an exit long condition to the strategy I've built using the strategy builder.
This condition should trigger the exit from a long position when the price drops below (close) the Signal bar low, which is the minimum price level at which the buy signal occurred.
However, I want this exit to occur only if the closing price goes below the signal bar low, not at any other time.
Could you please explain step by step how to do this from the beginning, as I'm not very familiar with the strategy builder interface and I'm just getting started with it?
I would greatly appreciate it if you could record a video or provide a detailed step-by-step algorithm so that I don't miss anything.
Thank you in advance!

[NinjaTrader_ChelseaB]

Hello Anquirk,

Below is a link to a forum post with helpful resources on getting started with NinjaScript. Please watch the 'Automate Your Trading with NinjaTrader's Strategy Builder' training video.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts#post786040

Add a variable on the Inputs and Variables page.
When the condition is true for the 'signal bar' assign the Close to the variable (actions -> Misc -> Set variable name)
In another condition compare the Close[0] to be less than (or Cross below) the variable.

Below is a link to an example that assigns a value to a variable and uses this in a condition.

https://ninjatrader.com/support/forum/forum/suggestions-and-feedback/suggestions-and-feedback-aa/103992-request-breakeven-functions-in-strategy-builder?p=806596#post806596

[Anquirk]

Hello Anquirk,

Below is a link to a forum post with helpful resources on getting started with NinjaScript. Please watch the 'Automate Your Trading with NinjaTrader's Strategy Builder' training video.

https://ninjatrader.com/support/forum/forum/ninjatrader-8/indicator-development/97575-sample-scripts#post786040

Add a variable on the Inputs and Variables page.
When the condition is true for the 'signal bar' assign the Close to the variable (actions -> Misc -> Set variable name)
In another condition compare the Close[0] to be less than (or Cross below) the variable.

Below is a link to an example that assigns a value to a variable and uses this in a condition.
https://ninjatrader.com/support/foru...596#post806596

I saw that sources but as I mention before I'm not so good with strategy builder. That's why I'm asking for step by step detailed explanation if it possible please.
Thank you!

[NinjaTrader_ChelseaB]

Hello Anquirk,

I would recommend learning how the tools in the Strategy Builder work before continuing.

Select the Inputs and Variables page
Click add to add a variable, select double as the type
Type a name for the variable, click OK
In the condition set for the "signal bar" click add to add an action
Expand the Misc section, select Set <your variable name here>
In the Value click the ellipses, select Price > Close
In the condition set to send the order click add to add a condition
On the left select Price > Close, in the center select Less than, on the right select User variables > select the variable

If you are not wanting to learn the Strategy Builder and are wanting 1 on 1 assistance, you can also contact a professional NinjaScript Consultant who would be eager to create or modify this script at your request or assist you with your script. The NinjaTrader Ecosystem has affiliate contacts who provide educational as well as consulting services. Please let me know if you would like a list of affiliate consultants who would be happy to create this script or any others at your request or provide one on one educational services.

[Anquirk]

Hello Anquirk,

I would recommend learning how the tools in the Strategy Builder work before continuing.

Select the Inputs and Variables page
Click add to add a variable, select double as the type
Type a name for the variable, click OK
In the condition set for the "signal bar" click add to add an action
Expand the Misc section, select Set <your variable name here>
In the Value click the ellipses, select Price > Close
In the condition set to send the order click add to add a condition
On the left select Price > Close, in the center select Less than, on the right select User variables > select the variable

If you are not wanting to learn the Strategy Builder and are wanting 1 on 1 assistance, you can also contact a professional NinjaScript Consultant who would be eager to create or modify this script at your request or assist you with your script. The NinjaTrader Ecosystem has affiliate contacts who provide educational as well as consulting services. Please let me know if you would like a list of affiliate consultants who would be happy to create this script or any others at your request or provide one on one educational services.

I really appreciate for detailed explanation! I just did it and now that's what I'm wanted to. Thanks a lot!!!