What Signal Work With The Predator? & Validation System
This section will cover what signals can be used with the Predator X Order Entry that will help us Automate our trades, or use as a Filter condition for another Built in auto entry.
Do NOT rely on a template someone else has produced for your signal. Every signal will be different. You must always verify the correct information for the signal that you are using!
Double click on a signal you want to use. It should open up the Drawing Object Properties.
⤷ If it opens up the Indicator properties. This is a Plot and NOT a Draw Object. We Cannot use this at this time!
Format:
In order to use the Signals with the Predator. They must be a NinjaTrader Draw Object: ARROWS and TEXT are the most common. Triangles, Diamonds and Dots will also work.
⤷ Horizontal lines may not work because they need to be on the Current Bar only.
Your NinjaTrader Draw Object must use the following code:
⤷ “TAG” + CurrentBar. See below for an example.
⤷ Draw.ArrowUp(this, “LongEntry” + CurrentBar, true, 0, Low[0] – TickSize, Brushes.DodgerBlue);
Yellow Arrow is the TAG portion:
⤷ This is what you Type into the Predator!
Blue Arrow is the CurrentBar portion:
⤷ This helps identify the bar that the signal is printed on. Do NOT type this number into the Predator!
Examples Of Tags Usable With The Predator:
Identifying Proper Signals:
We can take a look at our Draw Object properties to help us identify if the Signal is a proper format.
The required currentBar code will be a number at the end of the text that keeps increasing as we scroll down. It is important to note, that most often, the CurrentBar numbers will appear random as they go up in value.
Identifiers of Signals that will NOT work:
⤷ If you see these numbers start at 1, 2, 3, 4…. as so on. This indicator was coded in a different manner and we cannot use it at this time.
⤷ If the numbers are BEFORE the TAG part, it will not work.
⤷ If you see a DATE and/or TIME, it will also not work.
⤷ It must be “TAG” + CurrentBar.
TAG + Validation System:
We can use the Predators validation system to confirm it is reading the Signal properly.
If the TAG information is correct, you will see a check mark in the validation system.
If you see an Hourglass, that means something was typed in wrong or the signal has not shown up yet. If you see that signal on the chart and have an hourglass, then it means something is wrong. Double check the spelling and/or any spaces.
The TAG info must be typed in EXACTLY how shows in the Draw Object Properties.
You ONLY ever need the color identifier if both, your Long and Short ENTRY Signals share the same TAG. The color identifier just helps differentiate between Longs and Shorts.
Make sure to select the proper Object Type.
⤷ Text for text objects.
⤷ OtherObject for anything that is not text.
If you use the wrong Object Type while using the color identifier, it will cause an error!
