NinjaTrader Algo Trading Strategies | Convert TradingViewToNinjaS

s

Contact Login Register

Nash Technologies, LLC

Download your 14 day trial

h M

NinjaTrader Algo Trading Strategies

Best practices for NinjaTrader Algotrading with indicators and strategies.... Topics include algograding with Futures, Crypto, Forex, and equities/stocks. How do you backtest / optimize strategies with NinjaTrader? You have come to the right place!

NinjaTrader Strategy - WaitXBarsFromNewTradingDay

1 MIN READ|
0 Comment |
809 |
by Chad Nash|
June 27, 2021 |
Futures, General, MNQ, NinjaTrader, NinjaTrader Tips

Often we get requests to help with Ninjascript / NinjaTrader 8 indicators and strategies that do not always fit within our required work for engagement... This does not mean we don't want to be helpful! We always encourage algo trading and want to help novices and customers alike with best practices. We will continue to work on videos but are also planning weekly videos on best practices.

Within each of our custom NinjaTrader straegies we often include some basic setup configurations... These include:

Wait X Bars from new trading day
Wait X Bars from last exit
Exit after X Bars
Setup Stop Loss to Breakeven after X Bars
Exit after reverse tail (topping / bottoming wick/tail)

For the next few months we will continue to post a solution to each of these... for now here are some code examples for this.

Within OnStateChange:

WaitXBarsFromNewTradingDay = 10;

WithinOnBarUpdate:

if (Bars.BarsSinceNewTradingDay < WaitXBarsFromNewTradingDay && Position.MarketPosition == MarketPosition.Flat && EnableDebugMode == true)
{
Print("RETURNING Bars Since new day has not fired... We will skip this order because we are currently flat in the market. ");
Print("Wait X Bars from new trading day: " + WaitXBarsFromNewTradingDay);
Print("Bars since new trading day: " + Bars.BarsSinceNewTradingDay);
BarBrushes[0] = DaysFromTradingDayBrush;
StrengthCandles1.BarBrushes[0] = DaysFromTradingDayBrush;
return;
}

Within config properties:

[NinjaScriptProperty]
[Display(Name = "Wait X Bars From New Trading Day", Order = 16, GroupName = "Order Entry")]
public int WaitXBarsFromNewTradingDay
{ get; set; }

Wanting a code example we are not including here? Let us know how we can help.

Chad

Read More

DISCLOSURE: Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, commodities and forex markets. Don't trade with money you can't afford to lose.

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including utilizing Nash Technologies indicators or back-testing strategies), or any non-investment related content, made reference to directly or indirectly in this commentary will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to many factors, including changing market conditions and/or applicable laws, the content and software may no longer be reflective of current opinions or positions.

Historical performance results for investment indices, benchmarks, and/or categories have been provided for general informational/comparison purposes only, and generally do not reflect the deduction of transaction charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results. It should not be assumed that your Nash Technologies LLC product, consulting, or service correspond directly to any comparative indices or categories.

Known Limitations / Testimonials: Neither rankings and/or recognition by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any designation or certification, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Nash Technologies LLC engaged, or continues to be engaged, to provide financial indicators or consulting services.

Site creation : Dune Interactive