Announcement

Collapse

Looking for a User App or Add-On built by the NinjaTrader community?

Visit NinjaTrader EcoSystem and our free User App Share!

Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less

Partner 728x90

Collapse

Flat a position

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Flat a position

    Hi,

    If I've got the following situation:
    • I have multiple series (primary, secondary and tertiary)
    • my position got filled. However, my profit target is still not achieved
    Here's my condition which I'd appreciate your support in
    • if the next secondary series bar (after taking the position) is Doji, Flat my position and exit the trade (doesn't matter losing or profiting)
    How do I code an order in which I force my position to be flat



    Thanks..

    #2
    Hello Abdullah_KSA,

    Thanks for your post.

    if the next secondary series bar (after taking the position) is Doji, Flat my position and exit the trade (doesn't matter losing or profiting)
    You could call ExitLong/ExitShort within a check for BarsInProgeess == 1 that checks if Close[0] == Open[0]. Keep in mind if each series is a separate instrument, you will want to use the ExitLong/ExitShort overload that allows you to specify the BarsInProgress index for the series you want to submit the exit order to.

    Multi Time Frame and Instrument documentation (Important Read! also see "True Event Driven OnBarUpdate Method") - https://ninjatrader.com/support/help...nstruments.htm

    Order method reference - https://ninjatrader.com/support/help...d_approach.htm

    Having your profit target/stop loss submitted when a position fills should also be looked into.

    A common mistake we see is that if Set methods are used, the target and stop are not reset to initial levels before your entry. Please make sure you are always resetting the stop and target to initial levels before the Enter method is placed so we are sure the target/stop are submitted to valid levels.

    If you are still having issues with the target/stop submitting, could you attach a reduced version of your strategy that has complex entry logic removed and simply demonstrates how you are submitting target/stop with a simple entry condition?

    Exporting as source code - https://ninjatrader.com/support/help...nt7/export.htm

    We look forward to assisting.
    JimNinjaTrader Customer Service

    Comment

    Latest Posts

    Collapse

    Topics Statistics Last Post
    Started by poplagelu, Today, 05:00 AM
    0 responses
    3 views
    0 likes
    Last Post poplagelu  
    Started by fx.practic, 10-15-2013, 12:53 AM
    5 responses
    5,407 views
    0 likes
    Last Post Bidder
    by Bidder
     
    Started by Shai Samuel, 07-02-2022, 02:46 PM
    4 responses
    98 views
    0 likes
    Last Post Bidder
    by Bidder
     
    Started by DJ888, Yesterday, 10:57 PM
    0 responses
    8 views
    0 likes
    Last Post DJ888
    by DJ888
     
    Started by MacDad, 02-25-2024, 11:48 PM
    7 responses
    160 views
    0 likes
    Last Post loganjarosz123  
    Working...
    X