Strategy Short and Long at the same time

[RedDuke]

Hello,

I am using managed approach to run my strategies.

Not sure if below is possible. Let's say I go short, and strategy submits stop loss and profit target orders as well. Then the same strategy on a different chart submits long with its own stop loss and profit target. What I assume will happen is the long will close the short, as I can not have 2 together at the same time on the same account.

Is there any way to keep all stop losses and profit targets active in such scenario where there are no active underlying orders?

Thanks,
redduke

[koganam]

Hello,

I am using managed approach to run my strategies.

Not sure if below is possible. Let's say I go short, and strategy submits stop loss and profit target orders as well. Then the same strategy on a different chart submits long with its own stop loss and profit target. What I assume will happen is the long will close the short, as I can not have 2 together at the same time on the same account.

Is there any way to keep all stop losses and profit targets active in such scenario where there are no active underlying orders?

Thanks,
redduke

All stops and targets remain intact, as the Strategies do not cross-communicate. Your net position will be flat, but neither strategy is aware of your net position: each is blissfully going about its business as if no other strategies are trading the same account.

[NinjaTrader_CalH]

Hello RedDuke,

Thank you for your post.

Koganam is correct. Your net position with the account will be flat and the strategies will not know what the other is doing.

[RedDuke]

Hi Kogman and Cal,

Thanks a lot for this info. Ninja never seize to surprise me!!!!!

Regards,
Redduke