no entry

[tonynt]

Hello,
I try to code that no entry within a strategy is realized when another position is open. EG I go long with 3 contracts and scale out with different profit targets and I want to code that no new entry is realized as long as one of the current positions is not closed (even when the entry conditions are filled - but this might be no issue if there is a clear coding for "noentry" maybe)
Thanks for help.
Tony

[NinjaTrader_Austin]

tonynt, perhaps you could check the Position.MarketPosition property when running your entry logic, and if Position.MarketPosition != MarketPosition.Flat, do not enter the position:

if (entryConditions == true && Position.MarketPosition == MarketPosition.Flat)
    EnterLong/Short();

[tonynt]

market position not flat - no entry

Thank you for reply.

In the meantime I solved this by using a variable to be set to a certain value referring to market position. Sorry, with your solution can you please explain if you mean to write your "if (entryConditions...." after my conditions? Eg when conditions would be MACDcrossaboveAVG - where to write this? And "EnterLong/Short()" without "{" ,"}" here?
Thanks
Tony

tonynt, perhaps you could check the Position.MarketPosition property when running your entry logic, and if Position.MarketPosition != MarketPosition.Flat, do not enter the position:

if (entryConditions == true && Position.MarketPosition == MarketPosition.Flat)
    EnterLong/Short();

[NinjaTrader_Bertrand]

Tony, this was just demo snippet by Austin outlining the general structure you would need to use, you can just directly add the MarketPosition check to your entry conditions defined, for example if you act on the MACD cross -

 
if (CrossAbove(MACD(10, 20, 5), MACD(10, 20, 5).Avg, 1) && Position.MarketPosition == MarketPosition.Flat)
EnterLong();

[tonynt]

Thank you!

Tony, this was just demo snippet by Austin outlining the general structure you would need to use, you can just directly add the MarketPosition check to your entry conditions defined, for example if you act on the MACD cross -

 
if (CrossAbove(MACD(10, 20, 5), MACD(10, 20, 5).Avg, 1) && Position.MarketPosition == MarketPosition.Flat)
EnterLong();