NexusFi: Find Your Edge


Home Menu

 





How to Buy an upclose or Sell a downclose


Discussion in Traders Hideout

Updated
    1. trending_up 1,938 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
JeffNLisa
Apple Valley, CA
 
Posts: 7 since May 2018
Thanks Given: 0
Thanks Received: 1

Ninja 7, how to buy an upclose or sell a downclose? I don't want to get in BEFORE the close of the current bar, but if I wait until the new bar is already started I can't get in where I want to. How can I make the order executes right at the close of the bar?


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
The Backwardation Signal: How the CL Futures Curve Tells …
Commodities
Double Deadlock: Rubio Calls Hormuz Tolls "Unfeasib …
Traders Hideout
CFTC Advances Prediction Markets Regulation -- Chairman …
Prediction Markets & Event Contracts
GDP Day: The First Economic Reckoning -- Pahlavi at 6.55 …
Prediction Markets & Event Contracts
Fabrication or Framework? Irans Denied MOU Explains the …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
21 thanks
2026 Jlab journal
10 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Lady Vols Primer: Trading Volatility Journal
6 thanks
Trying to learn Volume and price action correlation
5 thanks
  #2 (permalink)
 SidewalkAerobics 
Los Angels
 
Experience: Intermediate
Platform: MultiChart
Trading: Emini ES
Posts: 115 since Aug 2018
Thanks Given: 173
Thanks Received: 72


JeffNLisa View Post
Ninja 7, how to buy an upclose or sell a downclose? I don't want to get in BEFORE the close of the current bar, but if I wait until the new bar is already started I can't get in where I want to. How can I make the order executes right at the close of the bar?

Entering "next bar" at market causes slippage between the ask and bid. But entering at market should get filled.

Entering "next bar" on a limit at this bar's close does not guarantee entry. But a limit order should not have slippage.

You could try buying "next bar" with a "market if touched" limit order at one tick below this bar's close. No guartees of fill or fill price, but it gives you a chance to enter on this bar's close.


Reply With Quote
  #3 (permalink)
JeffNLisa
Apple Valley, CA
 
Posts: 7 since May 2018
Thanks Given: 0
Thanks Received: 1



SidewalkAerobics View Post
Entering "next bar" at market causes slippage between the ask and bid. But entering at market should get filled.

Entering "next bar" on a limit at this bar's close does not guarantee entry. But a limit order should not have slippage.

You could try buying "next bar" with a "market if touched" limit order at one tick below this bar's close. No guartees of fill or fill price, but it gives you a chance to enter on this bar's close.


That sounds great, and thank you for responding. How do I tell it to enter "next bar" ?


Reply With Quote
  #4 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,492 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,320


JeffNLisa View Post
That sounds great, and thank you for responding. How do I tell it to enter "next bar" ?

There are several 3rd party add on tools available which enable you to buy/sell/close on up/down close of any given bar type.

They are e.g. available from ninZa.co and Right Line Trading (NDT Platform tool)....and there might be some other vendors as well.


"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
  #5 (permalink)
 SidewalkAerobics 
Los Angels
 
Experience: Intermediate
Platform: MultiChart
Trading: Emini ES
Posts: 115 since Aug 2018
Thanks Given: 173
Thanks Received: 72


JeffNLisa View Post
That sounds great, and thank you for responding. How do I tell it to enter "next bar" ?

For powerlanguage the code is "Buy 1 contract next bar at close-.25 limit;". If Ninja is different, perhaps someone else can help.


Reply With Quote




Last Updated on October 30, 2020


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts