nbarsup / nbarsdown not working as expected

[pantherito]

I've been trying to get these two indicators to work in a strategy (using strategy builder), but they don't seem to trigger as expected. Here, as a test, I'm trying to get it to draw a green vertical line on the chart every time there are three green bars in a row. The plot along the bottom shows that it's identifying some, but not all, instances of three green bars in a row. In the same range, though, it only triggered drawing the vertical green line one time. What am I missing here? I've tried a bunch of different settings for this indicator with similar results.

[NinjaTrader_Eduardo]

Hello pantherito,

Thank you for your post.


Based on what I see in your screenshot, it appears that all parameters for NBarsUp are currently set to true.

When all three parameters are set to true, the indicator will trigger only if there are three consecutive bars that not only close higher than they open but when both their highs and lows increase consecutively. This stricter set of conditions excludes cases where there are three green bars, but both their highs and lows are not higher consecutively.

• higherHigh: Requires consecutive higher highs;
• higherLow: Requires consecutive higher lows

If your goal is to capture three consecutive green bars, regardless of how their highs and lows behave, you may simply compare the close and open values for bars in the conditions rather than use NBarsUp.

Here is what the condition would look like (index values are barsago):

• if (Close[0] > Open[0] && Close[1] > Open[1] && Close[2] > Open[2])

Please let me know if I may be of any further assistance.