SAR Alternator

[RDPoS]

SAR = (S)top (A)nd (R)everse

This requires the use of stop orders and not the NT crossover functions so don't suggest using CrossAbove or CrossBelow functions.

I am trying to create a fairly simple strategy that uses a Chandelier in the truest sense of a stop and reverse.

What should happen is:

1. when the price action drops past the stop order located on the Chandelier line, the stop is activated and a short position is entered (and a long position is closed if applicable).

2. when the price action rises past the stop order located on the Chandelier line, the stop is activated and a long position is entered (and thus the short position is closed).

Sometimes it works sometimes it doesn't. Makes no sense to me why something so simple is so complicated to work consistently in NT. The point, again, is that it should alternate between long and short positions guided by the Chandelier.

Any thoughts why NT can't seem to execute the orders consistently even on backtest?



Tabs 1,2, 5,6 are the relevant to this issue.

Here is a chart showing that sometimes it works, then other times it just doesn't (like between the Sell @1217.50 and Upside @1220.00.




TIA

[NinjaTrader_Austin]

RDPoS, have you tried using an order for 2 contracts to reverse instead of an exit and entry? For the first order, you'd still have to enter long one contract. Then, each next entry could be for two contracts, so the short stop would be for two contracts, one to get flat and the next to go short.

This could also have to do with the way your entry/exit conditions are present in the code. You could consolidate many of the statements so they are executed at the same time, for example.