Simple Strategy

[BradB]

I put together a simple strategy to test some thoughts on order handling. To keep things very basic, I' kust using a SMA. When it is going up, I add a long at each bar close. When it turns down, I exit all positions and start adding shorts on each down bar. The problem is occuring on the changes from up to down, or visa versa. The strategy does a sell or "buy to cover", and also does a close position. What happens is I end up with same amount of contracts, heading in the opposite direction, instead of starting at 1 again. Am I missing something here? Thx.

I have attached a pic of the code and also the orders tab...

[roonius]

I put together a simple strategy to test some thoughts on order handling. To keep things very basic, I' kust using a SMA. When it is going up, I add a long at each bar close. When it turns down, I exit all positions and start adding shorts on each down bar. The problem is occuring on the changes from up to down, or visa versa. The strategy does a sell or "buy to cover", and also does a close position. What happens is I end up with same amount of contracts, heading in the opposite direction, instead of starting at 1 again. Am I missing something here? Thx.

I have attached a pic of the code and also the orders tab...

Try simply eliminate ExitLong and ExitShort

When you EnterLong,it will automatically close your short positions and viceversa.

See how it goes.

[BradB]

Thanks, that works fine, but what I don't understand is... If the position was closed with the ExitLong or ExitShort, there should be no orders left when the next EnterLong or EnterShort fires.

[roonius]

Thanks, that works fine, but what I don't understand is... If the position was closed with the ExitLong or ExitShort, there should be no orders left when the next EnterLong or EnterShort fires.

I am not sure exactly how NinjaTrader handles things internally, but what I suspect that since you are exiting and entering on the same tick, NT simply does not have enough time to report that position is flat before you EnterLong or EnterShort