ExitOnClose

[kaywai]

Hi,

In general on NT, positions taken on futures contracts are usually exitted on close unless coded otherwise.

How is that dealt with in FX which trades 24*7?
And if you only wanted positions to be exitted on Friday evening ahead of the weekend, how would you code that?

Regards

kaywai

[NinjaTrader_Brett]

Hello,

Positions only exit on close if you set that to true when you start your strategy.

This is based on the session template in use. Therefor you would need to change the session template you using to close at the correct time you would want this to close at.

http://www.ninjatrader.com/support/helpGuides/nt7/session_manager.htm

Let me know if I can be of further assistance.

[kaywai]

If I use <<instrument settings>> for the session template and the setting is "forex" and i have not indicated "exitonclose = true" in Initialize(), why, during backtesting on historical data is it exitting on close?

[NinjaTrader_Austin]

kaywai, have you tried setting ExitOnClose = false in Initialize()?