Difference PnL versus Position.GetProfitLoss(Close[0], PerformanceUnit.Points);

[Pcomm69]

Hello,

Why PnLEnCours = Position.GetProfitLoss(Close[0], PerformanceUnit.Points);

give a different result thant PnL (in point) display in the window Positions / PnL

Thanks

[NinjaTrader_Joydeep]

Hello Pcomm69,
Position.GetProfitLoss will calculate the PnL for the strategy only while the positions tab will calculate the PnL for that instrument. For example if your strategy had placed one trade and you have manually placed another trade, then the Position.GetProfitLoss will show the PnL for the strategy only while the Positions tab will show the aggregate PnL.

Can you confirm there is only one running trade.

I look forward to assisting you further.

[Pcomm69]

YES I confirm :
- No Manual order
- One personnal Strategy
- in one instrument (FDax 06-12)
- one autamated position (by this strategy)

I have difference between
PnLEnCours = Position.GetProfitLoss(Close[0], PerformanceUnit.Points);

versus

the window Positions / PnL

[NinjaTrader_Joydeep]

Hello,
Unfortunately I could not replicate the issue.

Can you further tell me who your connectivity provider is?

Also can you tell the exacts steps to reproduce this or any screenshot.

I look forward to assisting you further.

[Pcomm69]

NinjaTrader

So i Try to reinstall and recompile

Last Question :
in the same Instrument how can my Strategy know if she is already in position UP or in position Down, in live during the position

(for not take a contre order)

[NinjaTrader_Joydeep]

Hello Pcomm69,
You can use the MarketPosition property to know the current position.

if (Position.MarketPosition == MarketPosition.Long)
{
    //do something
}
else if (Position.MarketPosition == MarketPosition.Short)
{
     //do something
}

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?marketposition.htm

However the above code will tell you the Market Position for the current strategy only and not for the entire instrument (if you have multiple strategy for the same instruments). However it is possible to find out this using unsupported NinjaScript methods (as a hint you can look into Account.Positions property).

Please let me know if I can assist you any further.

[Pcomm69]

Ok I have a peace of solution

on NO position (window Position/PNL are Empty)
*Position.MarketPosition
and
* Position.GetProfitLoss(Close[0], PerformanceUnit.Points);

give me both the LAST position
while the strategy have closed the last position few minutes ago

*Position.MarketPosition
and
* Position.GetProfitLoss(Close[0], PerformanceUnit.Points);
are not Reset by ExitLong or ExitShort

[NinjaTrader_Joydeep]

Hello Pcomm69,
Position.GetProfitLoss will return the unrealized PnL of the strategy position.

If your strategy is flat then it will return 0 (zero). If your strategy is Long or Short then it will return the unrealized PnL.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?getprofitloss.htm

If you are getting any other result then please upload a NinjaScript code replicating it.

I look forward to assisting you further.

[Pcomm69]

YES I Confirm

when my strategy is flat
Position.GetProfitLoss(Close[0], PerformanceUnit.Points); (or Currency idem)
will return something different of 0

it is a problem of initialisation

what do you mean by
"please upload a NinjaScript code replicating it."
sorry I don t understand

[NinjaTrader_Joydeep]

Hello Pcoomm69,
When I tested it using the below code

Print(Position.GetProfitLoss(Close[0], PerformanceUnit.Points));

It is returning 0 (zero) when the strategy is flat, and the correct PnL when I am in a position.

Can you send a sample code to support[AT]ninjatrader[DOT]com replicating the error you are getting. Please append Attn:Joydeep in the subject of the email and a give a reference of this thread in the body of the email.

I look forward to assisting you further.

[Pcomm69]

oh yes thanks
I clean it this WE and post it to you next week
thanks

[NinjaTrader_Joydeep]

Hello Pcomm69,
Thanks for your note.
I look forward to assisting you further.

[Robertp75]

Hello Pcomm69,
Position.GetProfitLoss will return the unrealized PnL of the strategy position.

If your strategy is flat then it will return 0 (zero). If your strategy is Long or Short then it will return the unrealized PnL.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?getprofitloss.htm

If you are getting any other result then please upload a NinjaScript code replicating it.

I look forward to assisting you further.

Hi NinjaTrader_Joydeep,

Isn't there any workaround to get the Profit/Loss AFTER a position is closed (realized PNL)?

I have made some thoughts regarding this issue:
Could you please advise me if this could work or in case what to change to get
the realized PNL AFTER a trade

...
protected override void Initialize()
{
.
...
posavgprice = Position.AvgPrice;
...
}
..
protected override void OnExecution(IExecution execution)
{


if (execution.Order != null && execution.Order.OrderState == OrderState.Filled && ExTime.Date >= currentDateTime.Date)

{

if (Position.MarketPosition == MarketPosition.Long) //Long position
{
if (execution.Price > posavgprice) // In case of profit
{
PNL_points = (execution.Price - posavgprice);
Print("PNL_points : " + PNL_points);
PNL_percent = (execution.Price / posavgprice - 1)*100;
Print("PNL_percent : " + PNL_percent);
PNL_currency = (execution.Price - posavgprice) * quantity * Instrument.MasterInstrument.PointValue;
Print("PNL_currency : " + PNL_currency);
}
else // Im Fall von Loss
{
PNL_points = (posavgprice - execution.Price);
Print("PNL_points : " + PNL_points);
PNL_percent = (1 - posavgprice / execution.Price)*100;
Print("PNL_percent : " + PNL_percent);
PNL_currency = (posavgprice - execution.Price) * quantity * Instrument.MasterInstrument.PointValue;
Print("PNL_currency : " + PNL_currency);
}
}

if (Position.MarketPosition == MarketPosition.Short) // Short Position
{
if (posavgprice > execution.Price) // In case of profit
{
PNL_points = (posavgprice - execution.Price);
Print("PNL_points : " + PNL_points);
PNL_percent = (1 - posavgprice / execution.Price);
Print("PNL_percent : " + PNL_percent);
PNL_currency = (posavgprice - execution.Price) * quantity * Instrument.MasterInstrument.PointValue;
Print("PNL_currency : " + PNL_currency);
}
else // In case of loss
{
PNL_points = (execution.Price - posavgprice);
Print("PNL_points : " + PNL_points);
PNL_percent = (execution.Price / posavgprice - 1);
Print("PNL_percent : " + PNL_percent);
PNL_currency = (execution.Price - posavgprice) * quantity * Instrument.MasterInstrument.PointValue;
Print("PNL_currency : " + PNL_currency);
}
}

}
}


Many thanks.

Rob

[NinjaTrader_Joydeep]

Hello Robertp75,
Yes, you can get the realized PnL from the trade collections class.

foreach (Trade t in Performance.AllTrades)
{
	Print(t.ProfitPoints);
}

Please refer to our help guide to know more about it

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?tradecollection.htm