how to tell when a position goes to 0 (i.e. is closed)

[llanqui]

For Rithmic, when I receive an Order in OnOrderUpdate with Name = "Close" I know the position has been Flattened

but how do I tell when a position is vacated by opposing orders?

Entry Order: Buy Limit 1 contract

Exit Order Sell Market 1 contract

Thanks

[llanqui]

for connection Rithmic

[llanqui]

I noticed that the Position collection does not give accurate counts (for Rithmic)...was told that some brokers don't update this info in real time very well...so...chatgpt suggested I use OnExecution like this

what do you think?

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private int lastPosition = 0; // Track the last position size

protected override void OnExecution(ExecutionEventArgs e)
{
// Check the current position after each execution event
int currentPosition = Position.Quantity;

// Check if the position has been vacated
if (currentPosition == 0 && lastPosition != 0)
{
Print("Position has been vacated (closed).");
}

// Update last position size
lastPosition = currentPosition;
}

[llanqui]

I need to do this in an Indicator, not a Strategy

[NinjaTrader_Gaby]

Hello,

Thank you for your post.

The recommended way to track positions on an account is using Account.Positions.

https://ninjatrader.com/support/helpguides/nt8/positions_account.htm

If you want to build your own custom logic to track positions, you could do so at your own discretion.

[llanqui]

ok, but Positions is not working for Rithmic...tested it, and had a message I think in the forum that not all brokers provide accurate Position into

though, I do believe that when a position is closed it is deleted from the Position collection....but am unsure of the timing...I am working at the tick level