Trade System Setup, Entry and Exit Rules
All of the MicroTrends NinjaTrader Framework Signals indicators and strategies have a common interface of parameters for you to work with.
Trade Setup
Trade Entry
Trade Exit (optional)
N.B for tips you can view the descripton of each setup and trade parameter it will tell you what options are - if the description is long you may need to expand the panel with the mouse to see all the text.
Some of the indicators and strategies have a series of options for setup and entry that can be mxed together, so be default on a few the setup mode 0 = Off.
These setup and trade entry parameters are known as bitwise flags unless otherwise stated.
Bitwse flags run in a combinaton like this:
0:0ff, On: 1,2,4,8,16,32,64,128,256.....
To turn each flag/switch on you add them together.
So you can switch on modes 1 and 2 = enter 4 as the Parameter value.
See the descripton of each setup and trade parameter
If this is a logical and parameter - this means both conditions 1 and 2 have to be met.
So if they were for a long signal.
So for example in for a system that has 2 parameters for a long setup
1:Long Bull Candle
2:Long Close Above MA
IF Setup=3
Long Signal= bull candle and closes above an MA
If the parameters were Logical OR
Long Signal = bull candle or any candle that closes above an MA
Green Dots are Setup Buy
Green Triangles Trade Entry Buy
Red Dots are Setup Sell
Red Triangles Dots are Trade Entry Sell
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