ExitOnClose phantom issue

[Faspomy]

I initiated a strategy, to find that it 'entered' trades several weeks ago. The strategy is running in simulation mode, and began at -$45000 of unrealized profit.

Is this previous order simply a function of running a strategy in simulation mode ?

Also-- does ExitOnClose close orders on any certain date/time ? Or will orders be held indefinitely until exiting if ExitOnClose=false ?

[NinjaTrader_JoshP]

Faspomy,

When you start a strategy and it has a virtual position it is just tracking the position of what you would have if you were running that strategy live against a real account.

ExitOnClose happens at the end of each session. If you have this turned off your orders will stay open until you close it.

[Faspomy]

When you start a strategy and it has a virtual position it is just tracking the position of what you would have if you were running that strategy live against a real account.

Okay, but that won't draw-down a live account ? I just want to make sure.

[NinjaTrader_JoshP]

Not sure what you mean by "draw-down a live account". Can you please clarify? Thank you.

[Faspomy]

Not sure what you mean by "draw-down a live account". Can you please clarify? Thank you.

ControlCenter, Strategies Tab,

when initiating a strategy, shows a number of positions (previously opened) and unrealized and realized balances. Some of the balances are drawn-down considerably at the start of the strategy.

I would like to only see the number of positions made since the strategy began (no previous data), and only the balances created since the strategy was started.

Will this be the case in Live mode (versus simulated mode) ? Or is there another way to turn this feature off ?

[NinjaTrader_JoshP]

Nope. They will behave exactly the same as you are experiencing right now. If you want to not have your strategy perform historical trades you will want to add this condition at the top of your OnBarUpdate() method in your strategy:

if (Historical)
     return;

This line will prevent your strategy from running on old data and will only run going forward. It will also prevent backtesting.

[Faspomy]

Thank you again Josh.