How to tell when position is negative

CaptainAmericaXX

Senior Member

Join Date: Jan 2011

Posts: 347
#1

How to tell when position is negative

06-29-2011, 07:38 PM

Hi,
I would like to place a feature in my strategy that will "know" when I'm in a negative position. It would be something like a stoploss without exiting the trade. Could someone give me an idea on how to identify that?
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NinjaTrader_Matthew

NinjaTrader Product Management

Join Date: Apr 2010

Posts: 6960
#2

06-29-2011, 09:11 PM

CaptainAmericaXX,

Thank you for your post.

You will need to check the unrealized PnL for that trades. Please see our Help Guide section on theGetProfitLoss() method for more information:

NinjaTrader Version 7

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?getprofitloss.htm

Also see the Market Position method for information on how to check for long or short orders:

NinjaTrader Version 7

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?marketposition.htm

MatthewNinjaTrader Product Management
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