One symbol multiple entries Long and Short

[scjohn]

Trying to backtest 2 models on 1 symbol.
EntriesPerDirection = 2.
DefaultQuantity = 300.
See attached chart.

07/16/2013 9:42:00 AM Position: Flat.
07/16/2013 10:06:00 AM Model 0 issues Buy Long 300 @ Market. Model 1 issues Buy Long 300 @ Market.
07/16/2013 10:18:00 AM Position: Long Qty 600.
07/16/2013 12:06:00 PM Model 1 issues SellShort Market Qty 300. NT closes Long position for Qty 600(see attached chart).
07/16/2013 12:18:00 PM Position: Short Qty 300. Model 1 order is 'Filled'. By my reckoning Model 0 should be Long 300 and Model 1 should be short 300.
07/16/2013 03:30:00 PM Model 0 issues Sell Long Qty 300. NT does ignores this order(returns null OrderID). Model 1 issues BuyToCover Market
07/16/2013 03:42:00 PM Position: Flat Qty: 0. Model 1 order is 'Filled' for Qty 300.

I'm looking for explanation on NT internal order handling for simultaneous Long/Short.

Also, is StrateyPlot() suppose to work in backtesting?

[NinjaTrader_PatrickH]

Hello scjohn,

Thank you for your post.

Are Model 0 and Model 1 within the same strategy code, or are they two different strategies?

I look forward to your response.

[scjohn]

Model 0 and Model 1 are in the same Strategy code.

Documentation on NT internal order handling, that I have read, has not explained how it handles multiple entries when direction(Long/Short) are not the same.

[NinjaTrader_PatrickH]

Hello scjohn,

Thank you for your response.

The Strategy is going to keep it's own position and if the Strategy is long but an order is submitted to open a new position short from within the strategy it will close the long position (if they were for the same quantity).

If you wanted to have multiple positions then use multiple strategies to achieve this. Please let me know if I may be of further assistance.