Hi NinjaTrader Forum Members,
I'm working on a strategy in NinjaTrader's Strategy Builder and need to create a condition where the price must consistently be above a certain moving average for a set number of bars. Specifically, I would like to define a variable in the Strategy Builder that counts the number of consecutive bars above a moving average and triggers an entry when this count reaches a user-defined threshold.
For example, if I set this threshold at 5 bars, the strategy should only enter a position when there have been at least 5 consecutive bars above the moving average. The moving average period and the number of bars are parameters that I would like to adjust within the strategy settings.
Could anyone advise on how to structure this condition within the confines of the Strategy Builder? I'm hoping to achieve this without manually creating conditions for each bar or delving into NinjaScript coding.
Any tips or examples would be highly appreciated.
Thank you for your assistance!
Hezi
I'm working on a strategy in NinjaTrader's Strategy Builder and need to create a condition where the price must consistently be above a certain moving average for a set number of bars. Specifically, I would like to define a variable in the Strategy Builder that counts the number of consecutive bars above a moving average and triggers an entry when this count reaches a user-defined threshold.
For example, if I set this threshold at 5 bars, the strategy should only enter a position when there have been at least 5 consecutive bars above the moving average. The moving average period and the number of bars are parameters that I would like to adjust within the strategy settings.
Could anyone advise on how to structure this condition within the confines of the Strategy Builder? I'm hoping to achieve this without manually creating conditions for each bar or delving into NinjaScript coding.
Any tips or examples would be highly appreciated.
Thank you for your assistance!
Hezi
