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Using multiple charts - one strategy


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  #1 (permalink)
AA Ron
denver, colorado
 
Posts: 4 since Oct 2015
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I'm looking to improve my existing automated strategy. Currently its running on a Renko 3 chart, but I would like to also have it do the same analysis on a Range 4 chart and possibly others, then make buy decisions on a polling basis.

Is this possible in ninjascript? Any Examples?

I've looked through the SampleMultiInstrument example in ninja trader but they don't seem to add more then one instrument or show how to use them independently.


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  #3 (permalink)
 
stoicbuddha's Avatar
 stoicbuddha 
Seattle, WA
 
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I uses a two chart system myself. The first is a non-renko chart and the second is a renko chart. created alerts based on indicators on both charts, but the strategy is applied to the main chart. Here are some snippets on how I did it.

Keeping in mind this strategy is being placed on the non-renko chart, I need to "add" a renko chart to it during initialization:


protected override void Initialize()
{
CalculateOnBarClose = true;
Add(PeriodType.Final2, 6);
}

then later, in the OnBarUpdate section, i first need to specify what to do for ticks relate to each chart:

protected override void OnBarUpdate()
if (BarsInProgress == 0)
{logic for non-renko main chart}
else if (BarsInProgress == 1)
{logic for secondary renko chart}

Using this format you can theoretically as much info from as many charts as you need, though I only use two, so YMMV. Also, PeriodType.Final2 is specific to the "WickedRenko" which is what I use.


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  #4 (permalink)
AA Ron
denver, colorado
 
Posts: 4 since Oct 2015
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happyrenko View Post
I uses a two chart system myself. The first is a non-renko chart and the second is a renko chart. created alerts based on indicators on both charts, but the strategy is applied to the main chart. Here are some snippets on how I did it.

Keeping in mind this strategy is being placed on the non-renko chart, I need to "add" a renko chart to it during initialization:


protected override void Initialize()
{
CalculateOnBarClose = true;
Add(PeriodType.Final2, 6);
}

then later, in the OnBarUpdate section, i first need to specify what to do for ticks relate to each chart:

protected override void OnBarUpdate()
if (BarsInProgress == 0)
{logic for non-renko main chart}
else if (BarsInProgress == 1)
{logic for secondary renko chart}

Using this format you can theoretically as much info from as many charts as you need, though I only use two, so YMMV. Also, PeriodType.Final2 is specific to the "WickedRenko" which is what I use.


Thank you for the response. Just to make sure I understand this right, if I added a 3rd chart to the strategy would this be referenced as such:

else if (BarsInProgress == 2)
{ do something with 3rd chart }

is that understanding correct?


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  #5 (permalink)
 
stoicbuddha's Avatar
 stoicbuddha 
Seattle, WA
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: AMP/CQG
Trading: S&P, Nasdaq
Frequency: Every few days
Duration: Minutes
Posts: 103 since Feb 2012
Thanks Given: 1,194
Thanks Received: 101


AA Ron View Post
Thank you for the response. Just to make sure I understand this right, if I added a 3rd chart to the strategy would this be referenced as such:

else if (BarsInProgress == 2)
{ do something with 3rd chart }

is that understanding correct?

Yes


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