Using Default Instrument to Trade Another

[lee612801]

Hi,

I tried going into past threads for information, but I could not access them. Anyway, I would like to use a simple strategy I created in NT7 to mirror exact daily buy/sell signals on a second instrument. For example, I am using my simple strategy with the default bar series (lets say SPY) on a daily time period, but I would like it to show the exact same buy/sell signals triggered by the default (SPY) series but for another instrument I choose, such as UPRO. I tried adding another bar series, but no matter what I try, its like the strategy is running separately for the second series instead of just mirroring the buy/sell signals of the default.

Any help is appreciated.

Thanks,

Lee

[NinjaTrader_CodyB]

Hello,
Can you provide a snippet from you code on how you are submitting the orders to the primary and secondary data series?

[lee612801]

I never got the secondary to work. I only have the primary right now using the EnterLong(Default, "SPY") option and the same for exiting.

I can attach a snippet later tonight. Do you have a recommended approach?

[NinjaTrader_CodyB]

Hello,
I would recommend reviewing the SampleMultiInstrument strategy built into NinjaTrader, This strategy is a reference sample on how to submit orders to multiple instruments. You can review this by going to Control Center > Tools > Edit NinjaScript > Strategy > Select SampleMultiInstrument > Press OK.

Please let me know if you have any questions after reviewing this sample.

[lee612801]

So I reviewed the SampleMultiInstrument strategy you suggested, but I don't really want to submit orders to multiple instruments per se, I want the secondary bars object I added to just mimic the buy/sell of the primary. So basically, if the primary instrument says to Enter long on 6/6, I want the secondary instrument to Enter long on 6/6 as well. I don't want the logic to be applied to the secondary (added) bars object. But I'm not sure how to go about this. So here is what I have:

protected override void Initialize()
{
Add("UPRO",PeriodType.Day,1);
}

protected override void OnBarUpdate()
{
if (BarsInProgress != 0)
return;

if ( (CrossAbove(SMA(MA1), SMA(MA2), 1)))
{

EnterLong(DefaultQuantity, "");
EnterLong(1, DefaultQuantity, "");

}

So I have a single chart that has two data series using two separate panels. I apply my strategy to the first panel with the primary data series being SPY. The second data series is UPRO on panel 2. So if the logic for SPY says EnterLong, I want the secondary (panel 2) to follow the primary and not apply the logic to the second data series. With the (BarsInProgress != 0), it doesn't seem to do anything with regard to the second data series. If I remove this, then it does show buy and sells on the second panel, but the buy/sells do not match the primary as if the logic is being applied to the second data series as well.

So how would you suggest I go about this?

Thanks,

Lee

[NinjaTrader_CodyB]

Hello,
This code should work as expected if you use a different signal name for the EnterLong for the secondary data series.
Please let me know if you do not see it work as you are expecting it after using a different signal name.

[lee612801]

Yep, that worked. Thank you!

One more question, is there a way to separate the two series results when using the strategy analyzer? It combines the series when calculating the cumulative profit.

Thanks,

Lee

[NinjaTrader_CodyB]

Hello,
If the strategy is a multi instrument strategy you would not be able to split the results in the strategy analyzer. If you are using an instrument list when backtesting this way you will have results for each instrument backtested on in the instrument list seperated.