How to Configure Look Back Period Condition

[timwey]

Hi, need help to configure a condition in strategy builder. I want to enter long, for example, when MACD crosses above zero line on the current bar and a doji bar has formed within a range of 10 bars. Any advice would be highly appreciated. Thanks!

[NinjaTrader_Jesse]

Hello timwey,

For the crossover condition you can use the standard crossabove or crossbelow operator for that. For the doji condition you would have to configure the individual price conditions that make up the dogji bar in your set. Alternatively you could use an indicator that produces a signal for doji bars with the builder as well.

[timwey]

Thank you for your quick response Jesse, in other words, it is not possible to look back within a range of bars for the formation of doji bar using an indicator?

[NinjaTrader_Jesse]

Hello timwey,

To make a variable range would require manual coding, you can look up a fixed range like 10 bars in the builder. You would have to make individual price conditions to do that. For example if you wanted to check if there was a doji on the current bar you would make your price conditions using 0 bars ago. If you then also wanted to check on the previous bar you would make additional conditions for that as well using 1 bars ago. Using groups would be the best way to do that if you need to check if any one of X number of conditions had become true, for example if any one of your conditions that are looking at 0 to 10 bars ago becomes true.

[timwey]

Hi Jesse, I will try it out, thanks for your advice, much appreciated.