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Two suggestions - have two bars series, one daily and one 1 min, and control things on the 1 min one. See the Ninja docs for multi timeframe
You could also try setting ExitOnClose = true, and ExitSeconds to how many seconds to close before the session close. Not sure if that works, but it might.
You also need to keep in mind Ninja has major major limitations in this area regarding accuracy.
For instance:
Day opens @ 74.00
Day high @ 76.00
Day low @ 72.00
Day close @ 73.00
If you buy at the open (74.00) and have a profit target of 75.50, Ninja will say you hit your profit target even if your stop was higher than the day low.
That is because Ninja assumes a best case scenario when dealing with data on the same bar. MultiCharts has the option (and is by default) going to assume a worst case scenario on such events. Now maybe NT changed this in the year since I've used it, but I don't think so.
So just be aware of such a huge limitation and you need to probably use minute data to test with, not daily bars, to get around it.
Thanks for the reply.
I have gone from Metastock to Bullcharts(Daily) with Tradesim to TS2000i (pirate copy) to Amibroker and IB Traderworkstation and now NT7.
I'm trying to trade like Al Brooks by simply using price actions alone and I really like the NT ATM strategy. This allows me to right click on the chart, place a stop order and everything else gets created for me. I don't have to sweat about getting a initial stop in, setup a trailing stop etc. Then relax and fine tune.
BUT, I have just spent the last two days fighting the NT language, trying to create and test a strategy for my father.
Basically enter on traps.
I am a programmer by trade, admittedly pascal, assembler etc but it's not the C construct it's bloody NT.
Why is something so simple so hard. Trying to get yesterdays OHLC and by on a transition of one of these.
You keep referring to Multicharts and you have probably answered this question a million times here already but whats so great about it that kills NT? Why make the big change?
And yes I do appreciate the huge learning curve again. So it must be something monumental that has changed you?
Is there anyone that could post the oops indicator and strategy by Larry Williams by easylanguage multicharts?
Avoid to change the code, Using the strategy by default, do you find what is the best Futures or ETF and on wich is the best time frame that works better?
