Always In Strategy for testing

[zeller4]

Hello,

I'm "toying" with an "Always-In" strategy so I can test the use of GetCurrentBid() and GetCurrentAsk(). I've attached the Indicator and Strategy codes and screenshots below. I'm not sure why the following occurs:

1. I've added DrawLine so you can see when the GannHiLo flips - not sure the best way to get the entry orders to exactly hit like the drawline plots.
2. I've included exits right before entries - I'm believing I should get a same fill unless I need to have a reversing order instead? What is the syntax for reversing orders?
3. Sometimes, the orders don't fill so that when the TriggerDown line has plotted, and after a bar has passed, I'm still in a long position. Not sure why...
4. If Indexing or COBC should be modified to make this work correctly, please let me know.
5. If the use of GetCurrentBid/Ask needs to be modified to something better, please let me know. I'm sometimes using OnMarketData but I've simplified for this test.

Thanks for any help.

Kirk

ps - I'm testing on a 1-minute chart (30 sec when the market slows down) just to test setups.

[NinjaTrader_JoshP]

1. If you want to guarantee a price you will need to use limit orders. If you just care for speed, use market orders. Note that placing limit orders at bid and price is not advisable. If the market moves fast against you by the time your order travels across the internet to the market it could very well be rejected for an invalid price.

2. If you want to reverse just tell it to do a EnterShort() if you are long and an EnterLong() if you are already short. It will automatically close you and then reverse you. You do not need to place an explicit Exit() before it.

3. To understand what your orders are doing I suggest you run with TraceOrders = true so you can track it and see what is going on under the hood.

4. I am not sure what you mean here.

5. Would think it should be fine.

[zeller4]

Thank You Josh,
1. I'm using limit orders using the "worst-case" ie going Long at the Ask price and going Short at the Bid. I'm not sure how often this would be passed over on a fast run like you mentioned.
2. In my code, I'm trying to exit/enter at the same limit price. Do I understand correctly that this would require "EnterLongLimit(limitprice)" with an "ExitShortLimit(limitprice)" just prior to that?
3.I have trace orders set to true.
4. I'm wondering if the CalcOnBarClose could be false and allow this to function or if I need to change some of the [0] to [1] for completed bars or if I'm able to use FirstTickOfBar to solve some of these issues.
5.ok
thanks again, please help with these last few questions.
Kirk

[NinjaTrader_JoshP]

1. In real trading it can happen quite often depending on many factors like internet latency. The ask/bid price you submit at may be valid when your computer submits, but by the time it reaches your brokerage it could be an invalid ask/bid price.

2. Yes.

3. You can view the output in the Output Window.

4. Not sure I follow. CalculateOnBarClose has no impact on what you get filled at.