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The following user says Thank You to Big Mike for this post:
You can´t see my "issue" with a pic., need a video. Ninja´s linebreak chart does the same.
Could someon explain when does the 3lbw calculate the open? And why does it change many times in the same candlestick?
I also had an issue today when I had a green candle and entry in 150tick 3lbw CL, but trade went to SL. Then I restarted the ninja trader, and then there where only red candles and no entry, why did it change, could it be a 3lbw error?
I had the old 3lbw when this happened and after this I installed the new 3lbw. LineBreakWickedBarsType_NT7_20110516.
I have talked to ninja trader, they are looking at it but it looks like there is no solution. The error accured in 150tick 3lbw at 9:55 in CL this morning.
First thing I'd suggest is to read how a LineBreak chart works. Google it. You shouldn't be trading with a bar type that you don't know how it works.
If refreshing or reloading the chart gives you different results than when the chart was running live, that would be caused by poor data/internet feed or your computer is not fast enough to calculate a LineBreak chart in real time.
My experience so far is that if you backtest, use Market Replay, and also trade live real money there seems to be a big difference in the regular Line break and Line Break Wicked (with wicks). It seems like it just should be showing extra info on each bar (nothing inerrantly different in the formation and performance of the LB bars themselves) but there is something else wrong I believe. The formations of the bars also look different in the LBWicked. The LBWicked performs significantly less than the regular LB.
Can someone potentially look at the code and try to make the LBWicked exactly the same bar formations with the wicks as the normal LB bars that is stock in NT? The backtesting, market replay, and live trading should perform about the same if not exactly the same as the regular LB.
I am using LB all the time...for months...so, I am not just looking at it one time here...just wanted to contribute here some and see if we could improve the original LBWicked.
Last edited by birdoggg; February 20th, 2013 at 10:55 AM.