PART 1 (Please see next post for part 2...the forum won't let me post more than 5 pics):
Hello,
I've built a basic strategy using NinjaTrader's 'Strategy Builder' wizard. It's very simple:
If RSI is above 71.25 and it's between 5PM and 11:59PM, enter short.
If RSI is below 28.75 and it's between 5PM and 11:59PM, enter long.
Stop Loss is 60 ticks (15 points in NQ)
Take Profit is 20 ticks (5 points in NQ)
Here's some screenshots of the Strategy:
I'd like to eventually 'Unlock' the code and make some additions manually (for example, implement/utilize the 3 variables have created), but before doing that I wanted to throw it on a chart and see how it looks, so I did. And that's when I noticed the whackiness.
See next post for Part 2:
Hello,
I've built a basic strategy using NinjaTrader's 'Strategy Builder' wizard. It's very simple:
If RSI is above 71.25 and it's between 5PM and 11:59PM, enter short.
If RSI is below 28.75 and it's between 5PM and 11:59PM, enter long.
Stop Loss is 60 ticks (15 points in NQ)
Take Profit is 20 ticks (5 points in NQ)
Here's some screenshots of the Strategy:
I'd like to eventually 'Unlock' the code and make some additions manually (for example, implement/utilize the 3 variables have created), but before doing that I wanted to throw it on a chart and see how it looks, so I did. And that's when I noticed the whackiness.
See next post for Part 2:
