OnBarUpdate question.

[Conceptzx]

I was wondering if it's possible to define multiple OnBarUpdate sections, for example one for OnPriceChange and another for OnBarClose? I think it might be useful for more intensive strategies if it's possible.

[NinjaTrader_Gaby]

Hello Conceptzx,

Thank you for your post.

Yes, you can separate logic in OnBarUpdate to calculate either on bar close or on every tick/price change using IsFirstTickOfBar. This property indicates if the incoming tick is the first tick of a new bar. When IsFirstTickOfBar is true, this means the previous bar closed and a new bar is forming.

IsFirstTickOfBar - https://ninjatrader.com/support/help...ttickofbar.htm

This sample script also demonstrates separating logic to either calculate once on bar close or on every tick:

https://ninjatrader.com/support/helpGuides/nt8/separating_logic_to_either_cal.htm

Please let us know if you have any further questions.

[Conceptzx]

Simple enough,Thank you. Is there a way to do this with OnEachTick data updates if I were to set the calculate to OnPriceChange?

[NinjaTrader_Gaby]

Hello Conceptzx,

I am not aware of a way to do this with OnPriceChange and OnEachTick. From the Help Guide:

"OnPriceChange means once for each price change. If there were two ticks in a row with the same price, the second tick would not trigger OnBarUpdate()."

Some ticks will be ignored when using Calculate.OnPriceChange.

https://ninjatrader.com/support/helpGuides/nt8/calculate.htm