The last Swing Low or High before entering a position

[wuannetraam]

I am working on a strategy with strategy builder. I see that I can use the "Swing" indicator to find Swing Highs and Swing Lows and that I can set conditions like
close a position when Swing Low is hit. But the problem is that it takes the latest Swing Low. The one that is generated after I opened my position. However I would like to do it
like how I mannualy trade and that is taking the LAST Swing Low ,before I opened a position, for a Stop Loss placement.

Is there someway to do this? Is there are workaround? I prefer to do it in the Strategy Builder and not in Ninjascript as things are easier to adjust in the Builder.

Hope someone can help me out.

[NinjaTrader_ChelseaB]

Hello wuannetraam,

The Swing indicator is a complex indicator that isn't really suited for the Strategy Builder and would be more adept for an unlocked script.
This indicator changes it's previous bar values, which can make it difficult to detect a swing.

In an unlocked script you can check the SwingHighBar() / SwingLowBar() with a parameter for the instance (or occurrence) back.

Below is a link to a forum post with sample code.

https://forum.ninjatrader.com/forum/ninjatrader-8/strategy-development/1085003-previous-swing-highs-and-lows#post1085012

A forum post that discusses how the indicator changes previous bar values.

https://forum.ninjatrader.com/forum/ninjatrader-8/indicator-development/1101096-how-to-get-previous-swing-high-low-values/page2#post1233879

And a link to the help guide.

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