Position.AvgPrice querie

[solondon]

Im starting to feel like im going to have a lot of questions, any help appreciated. Have the following procedure called from OnBarUpdate()


private void GoLong()
{

EnterLong("target1");

Print(Time[0].ToString()+ " Position.AvgPrice:" + Position.AvgPrice.ToString());

If i enter as above in my EOD strategy Position.AvgPrice is returning 0

I need to work out if the entry price - yesterdays low is greater than 100 and set my initial stop accordingly

Cheers,
Jlo

[NinjaTrader_RyanM1]

Hi Jlo,

This will return 0 when not in a position. When you access it at the same time you submit the order, it won't have a chance to be filled yet. Better would be to move it to OnBarUpdate() and check it when you are not flat.

if (Position.MarketPosition != MarketPosition.Flat)
Print(Time[0].ToString()+ " Position.AvgPrice:" + Position.AvgPrice.ToString());

[solondon]

does that mean that on an end of day strategy i could not set the stop until the following day ie. onbarupdate re-occurs?

thanks for the reply

[NinjaTrader_RyanM1]

It's possible but requires advanced handling. If you need to base any calculations on position average price but cannot wait until the next bar update, then you can work in our advanced framework with IOrders. OnExecution() handler is used for monitoring for order fills.

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

[solondon]

ok thanks, another question if you have the time

How do i tell what the current stop value is for a position ie. I set

SetStopLoss("L1", CalculationMode.Price,tmpStop,false);

can I look back at this value later on or do i need to store it via a variable

Regards,
JLo

[NinjaTrader_RyanM1]

Yes, you can access the price of these orders. The technique is shown in this reference sample:

http://www.ninjatrader.com/support/forum/showthread.php?t=5790