Trade Management

[pman777]

Hello, I have a strategy that I wrote that should effectively reverse my trade position long and short. I should always be in a trade. I have is code so that I exit previous trade first then I enter a new trade; For example:

if(submitTrades == true) ExitShort();
if(submitTrades == true) EnterLong(DefaultQuantity, "");

I do the opposite when entering a short trade. However, it's not working as I expected. I notice in my DOM that my contracts are accumulating as if the exit is not being executed.

Any thoughts? thanks

[NinjaTrader_JC]

Hello pman777,

Using the Managed Approach calling EnterLong() when you are in a short position, NinjaTrader will automatically an order to exit your short position and then enter an order to create your long position.

By submitting two orders at the same time you will be accumulating contracts. You may try removing the Exit() method when you want to reverse a position and use the Enter() method in the opposite direction to reverse your position.