naming signal name

[uday12]

Suppose I have two variations of a strategy as follows:

if (CrossAbove(E1[0]*1.001, E2[0]))

EnterLong("MA CrossOver");

if (CrossBelow(E1[0]*0.999, E2[0]))

EnterShort("MA CrossOver");

versus

if (CrossAbove(E1[0]*1.001, E2[0]))

EnterLong("MA CrossOver Long");

if (CrossBelow(E1[0]*0.999, E2[0]))

EnterShort("MA CrossOver Short");

The difference is only the names of the signals.

Is there a difference in the behavior between the two? In the second case, where the names are different, will the EnterShort() close out the previous EnterLong() positions and vice versa?

[NinjaTrader_Jesse]

Hello,

Thank you for the question.

Not in this case, in NinjaTrader when using the Managed Approach, if you submit an order in the Opposite direction, it would reverse your current position. The Signal name would only come into play when using Stops or Targets or where you see "FromEntrySignal" listed.

The best way to see what the end result is between these two lines of code would be to execute the code and then note the differences.

I look forward to being of further assistance.

[uday12]

Hello,

Thank you for the question.

Not in this case, in NinjaTrader when using the Managed Approach, if you submit an order in the Opposite direction, it would reverse your current position. The Signal name would only come into play when using Stops or Targets or where you see "FromEntrySignal" listed.

The best way to see what the end result is between these two lines of code would be to execute the code and then note the differences.

I look forward to being of further assistance.

Thanks, Jesse.

I had another question. What if I have implemented two moving average crossovers with


EntriesPerDirection = 1;
EntryHanding = EntryHandling.UniqueEntries;



Such as like this:


if (CrossAbove(E1[0]*1.001, E2[0]))

EnterLong("Slow MA CrossOver");

if (CrossAbove(E3[0]*1.001, E4[0]))

EnterLong("Fast MA CrossOver");

if (CrossBelow(E1[0]*0.999, E2[0]))

EnterShort("Slow MA CrossOver");

if (CrossBelow(E3[0]*0.999, E4[0]))

EnterShort("Fast MA CrossOver");

In this case, suppose there are two live LONG contracts one triggered by "Slow MA CrossOver" and another by "Fast MA CrossOver". Then suppose a SHORT "Slow MA CrossOver" gets triggered - would this close both the previous LONG contracts, or would it close only that LONG contract which was generated by a previous "Slow MA CrossOver" ?

[NinjaTrader_Jesse]

Hello,

Based on what is provided, because you are using unique entries the opposing order with the same signal name should be matched with the signal name.

For this type of question, I would suggest running this code on your side so you can see the results in a chart. Afterwords you could right click the chart and select Strategy Performance to see the trades and how they were matched.

Because you already have the script typed out and compiled on your end, it would be best to test this from your side in a chart. In the case the result you get is un explainable you could certainly provide the syntax along with any images/questions you have on that result for further clarification.



Please let me know if I may be of further assistance.