Position question

[BradB]

I am trying to use Position.MarketPosition == MarketPosition.Flat to control my order entries. In testing, I still get multiple entries in a strategy, so I added a print statement

if (Position.MarketPosition == MarketPosition.Flat )
{ Print("Flat");}

and it prints on every bar, even when I'm in a trade (long or short). Any ideas???

[NinjaTrader_Bertrand]

Hi BradB not sure I follow - it should print 'Flat' when you are not having a position in this specific strategy. Can you please clarify what you mean by 'I still get multiple entries'? Also it would be helpful to see the code you used to comment. Thanks!

[BradB]

Ok, my point was, it also prints "Flat" when I do have an open position. It ALWAYS prints flat. By multiple entries, I mean... when I'm already in a position (long or short) and the strategy will submit another entry on a different bar if the setup occurs again. I'm trying to prevent this by using "Position.MarketPosition == MarketPosition.Flat" but it seems to have no effect.

[NinjaTrader_Bertrand]

Thanks Brad for this you need to set EntriesPerDirection to 1 - http://www.ninjatrader-support.com/H...Direction.html

[BradB]

I have that specified... THat still doesn't address why I can't get the market position to work correctly.

[NinjaTrader_Bertrand]

Brad, please post some sample code so I can advise you better, you might also want to look into the EntryHandling setting to enter only unique entries - http://www.ninjatrader-support.com/H...yHandling.html

[BradB]

Ok, I put together a quick sample strat to illustrate my point. In "tstsample", the orders pile up in the dome, with no regard to the orders already open. So, in "tstsaple2", I added the "Position.MarketPosition == MarketPosition.Flat" qualifier. I get the same result. I am obviously missing something here...

[NinjaTrader_Bertrand]

Ok Brad, thanks for putting those together! Since you are calling ATM Strategies, please use this one for the ATM Market Position - http://www.ninjatrader-support.com/H...yPosition.html

You can also review the SampleAtmStrategy provided by default with your NinjaTrader installation.

[BradB]

Ok, that seems to be the piece I was missing as it works fine, thanks

What I don't understand is, why did I even need to do that in the first place? What are the

EntriesPerDirection = 1;
EntryHandling = EntryHandling.AllEntries;

used for?

[NinjaTrader_Bertrand]

Great!

EntriesPerDirection defines how many entries in the same direction are allowed.

The EntryHandling then defines if this is confined to unique entries (by signal names) or all entries.