Entries Per Direction...not working...

[cgeorgan]

Hi guys-

I see this question all over the forums (Entries Per Direction). I thought I had it figure out, turns out that I don't.

I thought I was setting my parameters correctly (see picture attached; code is to the right). However, this code - which specifies 5 entries per direction, allowed what must have been 30 different entries?

What am I doing wrong here?

[NinjaTrader_RyanM1]

When using this with unmanaged approach, these properties are not relevent.

http://www.ninjatrader.com/support/helpGuides/nt7/unmanaged_approach.htm

Signal Tracking
Since the Unmanaged approach does not utilize NinjaScript's signal tracking the features associated with it will no longer be relevant. The following properties and their associated concept cannot be used with Unmanaged order methods:

EntriesPerDirection
EntryHandling

[cgeorgan]

This property works closely with another property: EntryHandling

If you had entries per direction set to 5 and entry handling set to unique entries, then it can enter up to 5 times for each uniquely named rules. 6 uniquely named signals might explain your 30 entries here.

Edit:
A closer look at your screenshot shows entry handling set to all entries. In this case, there is confusion about how EntriesPerDirection works. This refers only to open trades at any given time. Your screenshot shows several closed trades.

Hi-

Well, one thing I've been doing is concatenating the symbol + timestamp as my "entry signal name", so that I can associate unmanaged stop/target orders with it. This would explain why *every* entry has a unique name.

However, I was under the impression that by setting "AllEntries = true" I was limiting opening trades to 5 for each direction.

Is this not how it works?

[NinjaTrader_RyanM1]

Yes, EntriesPerDirection set to 5 and all entries should only allow 5 entries.

These properties are not used in the unmanaged approach as you're using. I've changed my first reply for accuracy here.

http://www.ninjatrader.com/support/helpGuides/nt7/unmanaged_approach.htm

Signal Tracking
Since the Unmanaged approach does not utilize NinjaScript's signal tracking the features associated with it will no longer be relevant. The following properties and their associated concept cannot be used with Unmanaged order methods:

EntriesPerDirection
EntryHandling

[cgeorgan]

Yes, EntriesPerDirection set to 5 and all entries should only allow 5 entries.

These properties are not used in the unmanaged approach as you're using. I've changed my first reply for accuracy here.

http://www.ninjatrader.com/support/helpGuides/nt7/unmanaged_approach.htm

Signal Tracking
Since the Unmanaged approach does not utilize NinjaScript's signal tracking the features associated with it will no longer be relevant. The following properties and their associated concept cannot be used with Unmanaged order methods:

EntriesPerDirection
EntryHandling

AHHHHHHHHHHHHHHHH this makes all the difference. I was not aware that entries/direction was relevant only to managed orders. This makes sense now, TY.