Ninjatrader Strategy
February 25th, 2010
This is the core Strategy. There will be additional filter criteria added once this functionality is tested: (not Ajax, had to check a box, but no NinjaScript option???)
Inputs:
TradeBarHeight (default 10)
TradeTimeStart (default 0800)
TradeTimeEnd (default 0801) (broker times fine for this…)
StopLoss: (default 3)
TakeProfit (default 50)
Entry Logic:
5 sec chart
enter if bar height is >= TradeBarHeight (10pips), in the direction of the move.
Short: open – close >= 10p
Long: open – close <= -10p.
Enter trade at the close of this “big” bar.
(Seems simpler to use open/close rather than hi/lo, as if you watch 5 sec charts, most all bars are open/close bars, and especially with these long entry bars…..)
The time window is important.
