Exit Strategy in Initialize()

[Oli]

Is there a way for me to make a Strategy terminate?

I would like to be able to build into my code a bunch of checking logic that if not satisfied will terminate the script.

Is this possible?

[NinjaTrader_Ray]

imported post

The suggested method is checking for the condition to stop your strategy from processing and return out of the OnBarUdpate() method.

if (StopStrategyFromRunningCondition == true)
return;

[NinjaTrader_Ray]

imported post

I should add, this should be called from OnBarUpdate() not Initialize(), I am unsure of implications of it being called there.

[Oli]

imported post

Thanks Ray,

I have been trying to set alerts with no luck, nothing happens:

Alert("string", Priority.Low,"Position Reported as Flat","C:\\Documents and Settings\\Trader\\My Documents\\Finance\\alert wavs\\alarm2.wav",5,Color.Beige,Color.AliceBlue);

The double \\ were necessary as the compiler keeps saying @unknown escape sequence@ which makes sense...

Maybe the Log is better than the Alert window...

[NinjaTrader_Ray]

imported post

Try this:

Alert("string", Priority.Low,"Position Reported as Flat",@"C:\Documents and Settings\Trader\My Documents\Finance\alert wavs\alarm2.wav",5,Color.Beige,Color.AliceBlue);

[NinjaTrader_Ray]

imported post

Also, I changed my post below, development corrected me and suggested not to set Running = false.

What is suggested is leaving the strategy running but returning out of OnBarUpdate().

So,

if (TerminateStrategyCondition == true)
return;


Ray

[Oli]

imported post

Still no good.

Am using this code with private bool Init = true; declared in variables :



protectedoverridevoid OnBarUpdate()

{

if (Init){

Alert("string", Priority.Low,"Position Reported as Flat",@"C:\Documents and Settings\Trader\My Documents\Finance\alert wavs\alarm2.wav",5,Color.Beige,Color.AliceBlue);



Log(Instrument + " reported FLAT", LogLevel.Information);

Init = false;

}

}

[Oli]

imported post

Ah yes the empty return... and the Log write works, only the Alert doesn't

[NinjaTrader_Ray]

imported post

For clarification,

- The alert will not compile?
- The alert does not generate an alert?

If the latter, alerts only trigger on real-time data, not historical.

Ray

[Oli]

imported post

Compiles and runs fine:

Chart is real time with live data

the condition Init is true under all conditions and should trigger OnBarUpdate.


The alert window remains empty

[NinjaTrader_Ray]

imported post

By the looks of your code sample, it should trigger only once on the first bar and not after that since you are setting Init= false.

If you create a new strategy an in the OnBarUpdate() include the following line, you will see alerts generated.

Alert("string", Priority.Low, "Position is reported as flat", @"C:\Program Files\NinjaTrader 6\Sounds\Alert1.wav", 5, Color.Black, Color.Yellow);

Ray