Simultaneous Buy/Sell Order Strategy

[sburtt]

Hi NT support,

I was wondering if:

1.
within the managed approach it is possible to simultaneously enter long and short stop entries within the same bar session. e.i.

 If( ATR(14)[0] < voltrigger && entryOrderLong == null && entryOrderShort == null)
{
    entryOrderLong = EnterLongStop(0, false, DefaultQuantity, High[0], "Long")
    entryOrderLong = EnterShortStop(0, false, DefaultQuantity, Low[0], "Short")
}

2.
if 1. is true, how do I need to set EntryHandling to make sure my strategy can take both (long and short) entries? would the code below make the trick:

protected override void Initialize() 
{ 
    EntriesPerDirection = 1; 
    EntryHandling = EntryHandling.AllEntries; 
}

[NinjaTrader_JC]

Helllo sburtt,

Using the Managed Approach you would only be able to place an order in 1 Direction. The other order would get ignored.

If you would like to place an order going Long and Short you would have to use the Unmanaged Approach.

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