ExitOnCloseSeconds - ExitOnClose

[fernlicht]

Hello Folks,

I'm using following methods in my automated strategy :

ExitOnClose = true;
ExitOnCloseSeconds = 30;

With the session template: <Use Instrument Settings>

This should close open positions at the end of the trading day.
It works all fine in the backtest, but if I test it in real on the simAccount it won't exit ...
What did I miss?

Thanks and best regards

[NinjaTrader_Matthew]

Can you clarify what instrument you're using? What are the instrument settings session template?

What time frame are you backtesting on?

Do you run the strategy as CalculateOnBarClose= true/false?

[fernlicht]

Yes, I'm using "CalculateOnBarClose= true" on Tick150 FDAX with default instrument settings or S&P Stocks.

[NinjaTrader_Matthew]

If it was COBC True, there may not have been an event 30 seconds before the close which would send this order.

I'd suggest increasing the ExitOnCloseSeconds to ensure that there is enough time for a close of a bar to trigger the exit on close function.

[fernlicht]

Ok I'll try..

[fernlicht]

So, it switched COBC (calculate on bar close) to false....
and gave it some more time
but after the close of the market, the strategy hold 1 position and also orders....

so what could be the problem ?

[NinjaTrader_Matthew]

What are the exact hours of the session template you're using and what time do you expect the exitonclose to fire?

[fernlicht]

Ok, i've tested it and it seems, that if i use

ExitOnCloseSeconds = 200there is plenty of time for the strategy (if market is moving) to open a new position and hold it overnight... so i had to rewrite the strategy and make sure that no new positions are allowed
after this command/time....