BarsSinceExit - avoid multiple closing trades

[nlaporte]

Dear all,

I have the current setup:
- Open simultaneously 3 positions (S1, S2, S3), based on a channel ("Box").
- If price goes against me and crosses the middle of the box, I close one position at the time. If it happens three times, all positions are closed.

Initially, I used a "counter", set at 0 when no trades are closed, then 1 if S1 is closed, 2 if S2 is closed but it doesnt work with an object based code.
I am now using the BarsSinceExit but I am still failing.

Please find below the code extract and also attached a screenshot that shows that S1 and S2 are closed simultaneously and not one after the other.

// Partial close of short position S1 & then S2
if ((Close[1] < midboxSize) && (Close[0] >= midboxSize) &&
(Position.MarketPosition == MarketPosition.Short)) // && (tradeShClosingCounter == 0))
{
ExitShort("S1");
//tradeShClosingCounter = tradeShClosingCounter + 1;
}
if ((Close[1] < midboxSize) && (Close[0] >= midboxSize) && (BarsSinceExit(0,"S1",0) > 2) &&
(Position.MarketPosition == MarketPosition.Short)) // && (tradeShClosingCounter == 1))
{
ExitShort("S2");
//tradeShClosingCounter = tradeShClosingCounter + 1;
}

Thank you,
Best

Nicolas

[NinjaTrader_Lance]

The code you have here is triggering both exits at the same time since bars since entry is greater than 2 for both situations.

Your initial thought of using a counter should work as long as you are resetting it properly after all three trades exit.

You may want to add Print() statements throughout your code to ensure the tracking variable is being set as expected.