enter once per candle

[John_Lee]

how do i get a nina script to only enter once per candle can this be done on the strategy builder or must it be programmed manually

[NinjaTrader_Ben]

Hello,

When you attach a strategy to a chart or the strategy tab you will be given the option to change the Entry handling. Please change this to UniqueEntries and only one order will be sent per Entry signal.

You can also accomplish this with the EntriesPerDirection field set to 1.

[Operandi]

I'd like to know more about preventing multiple entries per candle too.

The problem that I am trying to prevent is this:

1) Conditions are met for trade entry and a limit order is placed by the system with profit target and stop loss orders attached.

2) In that same candle, the profit target is met so the the position is then closed with the stop limit order.

3) However entry conditions still apply so NT then initiates another limit purchase order in the same bar.

I am trying to prevent part three happening - ie only one entry and exit position is allowable per bar.

It seems that UniqueEntries just prevents multiple concurrent positions , not sequential positions within the same bar.

I have no problems coding a solution, I'm just unsure what code is required to resolve this.

Thanks

Chris

[NinjaTrader_Ben]

Hello,

I suggest you use BarsSinceEntry(). For example:

// Only enter if at least 10 bars has passed since our last entry
if (BarsSinceEntry() > 10 && CrossAbove(SMA(10), SMA(20), 1))
EnterLong();

This link will help:
http://www.ninjatrader-support.com/H...inceEntry.html

[Operandi]

Hi Ben

Thanks for the speedy reply.

BarsSinceEntry() didn't seem to work properly however I have resolved the issue now by setting, and testing for, a variable such as doneForSession if an entry and exit have been made for the candle.

This technique is used in this example code:

http://www.ninjatrader-support.com/vb/showthread.php?t=5790

Many thanks for your help
Chris

[NinjaTrader_JoshP]

Hi Chris,

Glad you got it resolved. The BarsSinceEntry() condition may require you to code the first trade instance separate from the rest because if you have never traded BarsSinceEntry() will always be zero.

[Sleeping Troll]

Having trouble with multiple orders

I want to limit the number of active orders to just 1, I have tried the order handling techniques and the bars since entry but am having no success, can someone help me out here?

[NinjaTrader_Austin]

Sleeping Troll, can you please show us what you have so far? What happens if you set the entries per direction to 1? Do you still get multiple orders?

[skann29]

Please let me know how to code this

Hi Ben

Thanks for the speedy reply.

BarsSinceEntry() didn't seem to work properly however I have resolved the issue now by setting, and testing for, a variable such as doneForSession if an entry and exit have been made for the candle.

This technique is used in this example code:

http://www.ninjatrader-support.com/vb/showthread.php?t=5790

Many thanks for your help
Chris

Hi,
Please let me know how to code this.

[NinjaTrader_PatrickH]

Hello skann29,

Thank you for your post and welcome to the NinjaTrader Support Forum!

You can find the sample referenced at the following link: http://www.ninjatrader.com/support/f...ead.php?t=5790