'Buy the dip' not reading 'dip' correctly

[FutTrader9000]

I'm trying to build a simple buy the dip strat, using daily bars for now. I have this code:

if ((Close[0] < (Open[0]-(DipAmount * TickSize)) ))
{
EnterLong(Convert.ToInt32(DefaultQuantity), "");
}

I'm trying to say if the current price (Close[0]) is less than the opening price of the bar (Open[0]) by a certain amount (DipAmount), then to enter long. However it's not reading correctly and its always trading at 5pm (futures open of the bar). Any help please

[NinjaTrader_Gaby]

Hello FutTrader9000,

Thank you for your post.

This condition seems to describe what you are trying to achieve, it will check if the Close is less than the Open minus number of ticks specified by DipAmount

To understand why the script is behaving as it is, such as placing orders or not placing orders when expected, it is necessary to add prints to the script that print the values used for the logic of the script to understand how the script is evaluating.

In the strategy add prints (outside of any conditions) that print the values of every variable used in every condition that places an order along with the time of that bar.

This will print to the output window. Backtest the script and when the output from the output window appears save this by right-clicking the output window and selecting Save As... -> give the output file a name and save -> then attach the output text file to your reply.

Output from prints will appear in the NinjaScript Output window.
NT8: New -> NinjaScript Output

The prints should include the time of the bar and should print all values from all variables and all hard coded values in all conditions that must evaluate as true for this action to be triggered. It is very helpful to include labels and operators in the print to understand what is being compared in the condition sets.

Below I am providing a link to videos that demonstrate adding prints to a script to get further information about the behavior of the script.
NT8 —

https://youtu.be/H7aDpWoWUQs?t=2577&list=PL3-s3qsUnfLSC7zCAc5ZmVnauWXkWe0Nf&index=14

If you are using the Strategy Builder in NinjaTrader 8, you can also build prints in the Actions window under Misc -> Print.
NT8 Strategy Builder —

https://drive.google.com/open?id=1CClt0GsUFLIwQVhVyTD4JjJgEIwJKv6L

It is also helpful to set TraceOrders to true in State.Configure as well as print the order object in OnOrderUpdate().
TraceOrders will output to the NinjaScript Output window a message when orders are being submitted, ignored, cancelled, or rejected.
Printing the order object in OnOrderUpdate() will allow you to track the progression of the order from submitted, to working, to filled, cancelled, or rejected.
These tools will let you know what happens to the order.

TraceOrders - https://ninjatrader.com/support/help...raceorders.htm
OnOrderUpdate() - https://ninjatrader.com/support/help...rderupdate.htm

I'm also including a link to a forum post with further suggestions on debugging a script.

https://support.ninjatrader.com/s/article/Developer-Guide-Debugging-using-Print-and-TraceOrders

Save the output from the output window to a text file. Let me know if you need assistance creating a print or enabling TraceOrders.

I am happy to assist with analyzing the output from prints and TraceOrders.