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Does your position gets averaged running on multiple charts with different strategies

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    Does your position gets averaged running on multiple charts with different strategies

    Example: I have 3 different Long Only automated strategies for #NQ. I like to run them on three different chart windows. If the three strategies execute orders individually because the criteria was met, does Ninjatrader average my longs or show each trade differently as per their level of execution.

    Say strategy 1 executes in chart window X one NQ long at 11400
    two min later the strategy 2 in chart window Y executes one NQ long at 11410

    ....Do the individual strategies maintain their own SL and target OR does the position gets merged?


    #2
    Welcome to the forums!

    Each strategy would maintain it's own stop loss and profit targets.

    Strategies execute independently of one another, and are unaware
    of all other strategies currently executing.

    -=o=-

    Make sure your strategies don't conflict with the order direction.
    That is, strategy 1 goes NQ Long and while that long position is
    open, strategy 2 goes NQ Short.

    This Long/Short position mismatch between two 'competing' strategies
    can create a whole different set of problems.

    Comment


      #3
      Originally posted by bltdavid View Post
      Welcome to the forums!

      Each strategy would maintain it's own stop loss and profit targets.

      Strategies execute independently of one another, and are unaware
      of all other strategies currently executing.

      -=o=-

      Make sure your strategies don't conflict with the order direction.
      That is, strategy 1 goes NQ Long and while that long position is
      open, strategy 2 goes NQ Short.

      This Long/Short position mismatch between two 'competing' strategies
      can create a whole different set of problems.
      Thank you for responding. Appreciate it my fellow trader

      Comment

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