Rewriting BarsSinceExit(1) on data2 - Traders Hideout | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout

Rewriting BarsSinceExit(1) on data2
Started:May 15th, 2016 (02:10 PM) by fiverr Views / Replies:117 / 2
Last Reply:May 16th, 2016 (03:03 AM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Rewriting BarsSinceExit(1) on data2

Old May 15th, 2016, 02:10 PM   #1 (permalink)
Elite Member
Futures Experience: None
Platform: TradeStation, MT4
Favorite Futures: ES, Stocks
Posts: 73 since Aug 2015
Thanks: 4 given, 10 received

Rewriting BarsSinceExit(1) on data2

Hi there,

I am currently using MC and I have the following codes. The current code is working well and is attached to the 30M chart.

      if (((BarsSinceExit(1)=0 AND ExitPrice(1)=HIGH) 
	  OR (BarsSinceExit(1)=1 AND  ExitPrice(1)=HIGH[1]))) 
      		AND (BarsSinceExit(1)=0 OR (ExitPrice(1)>= HIGH)) then cond_1 = false;
I am rewriting the above code for a new chart that has data1 as 1M and data2 as 30M.

Here is what I have done

Variables: High_1(0, data(2));

High_1 = High of data(2);

  if (((BarsSinceExit(1)=0 AND ExitPrice(1) =HIGH_1) 
	  OR (BarsSinceExit(1) =1 AND  ExitPrice(1)=HIGH_1[1]))) 
      		AND (BarsSinceExit(1)=0 OR (ExitPrice(1)>= HIGH_1)) then cond_1 = false;
How can I be certain that BarsSinceExit(1) is referring to 30M and not 1M? Also do I need to worry about ExitPrice(1)? Being it is a price value, it should not matter if it is data1 or data2.

Please let me know you thoughts.

Reply With Quote

Old May 15th, 2016, 02:10 PM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


Old May 16th, 2016, 03:03 AM   #3 (permalink)
Hamburg Germany
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
Posts: 1,103 since Apr 2013
Thanks: 186 given, 622 received


I am not sure if you can use the reserved words for position information to obtain values from data 2, as you can only enter and exit on data1. Therefore you might have to store the information you need in variable and reference these later. For example store the bar number of data2 when your position exited. Then you can check the current data 2 bar number against this variable to obtain how many data2 bars passed since the exit.



Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > Rewriting BarsSinceExit(1) on data2

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Rewriting DATE NEXT BAR <> DATE - Simple Help fiverr Traders Hideout 7 May 11th, 2016 05:56 AM
Data2 for automated trading Orjan EasyLanguage Programming 10 April 1st, 2016 12:15 AM
standard deviation data2 no erocla MultiCharts 8 November 24th, 2015 10:10 AM
Moving Average of Data2 kristian EasyLanguage Programming 5 November 11th, 2015 03:57 AM

All times are GMT -4. The time now is 07:58 PM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-23 in 0.08 seconds with 19 queries on phoenix via your IP