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Can NT exit long enter short as one transaction

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    Can NT exit long enter short as one transaction

    If my strategy is exiting long 500 shares and entering short 500 shares on the same signal, will NT7 place an sell 1000 shares order? If so this will save one commission. If not how can i get it to do that?

    Then when the strategy exits short 500 share and enters long 500 shares, NT7 should buy 1000 shares. and so on.
    Last edited by sajosh; 05-02-2011, 10:15 AM.

    #2
    Hello sajosh,

    If you would like to submit 1000 orders to avoid commission, you will need to do this manually. If you EnterLong(500, "long") when short 500, A buy to cover order for 500 will be submitted, as well as another order going long 500 contracts.

    To do this manually, you will need to use unmanaged orders. For more information on managed versus unmanaged orders, please see the following helpguide article: http://www.ninjatrader.com/support/h...er_methods.htm
    DexterNinjaTrader Customer Service

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      #3
      Hi Dexter,
      I'm auto trading this so manual is out.

      Why can't NT7 make it one order automatically?

      Comment


        #4
        Hello sajosh,

        I apologize, when I said manual, I meant manual order tracking in the code. You can have an automated strategy deploy this technique for you. Managed order entry methods provide ease of use at the cost of some more powerful control, as you need in your case so you will need to use the unmanaged order entry methods in your strategy.

        Let me know if you have any additional questions.
        DexterNinjaTrader Customer Service

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