Accurate Cost Basis calculation

[WynneIndustries]

Is there a way to update the break even / average price that is shown? If you average into a position the calculation is obviously correct until you start closing positions. At that point the "number shown on the screen" uses a FIFO method of averaging while the actual positions close is tied to that particular entry. I inserted a table to demonstrate the correct average vs what NinjaTrader shows.

Order #	Entry	Exit		NT Average	Correct Average
1	4314.5			4314.5	4314.5
1	4314.5			4314.5	4314.5
2	4313.75				4314.25
2	4313.75			4314.125	4314.125
2		4313.75		4314	4314.25
2		4314.75		4313.75	4314.5
3	4309.75			4311.25	4312.916667
3	4309.75			4310.916	4312.125
4	4309.25			4309.625	4311.55
4	4309.25			4309.035	4311.16
5	4305.75				4310.39
5	4305.75			4309.625	4309.81
5		4306.75		4309.035	4310.39
3		4309.75		4308.25	4310.5
4		4309.75		4307.95	4310.75
5		4309.75		4307.5	4312
4		4311		4306.916	4312.91
3		4312		4305.75	4314.5
1		4310		4305.75	4314.5
1		4310

[NinjaTrader_Manfred]

Hello WynneIndustries,

Thank you very much for your post.

By default, NinjaTrader Desktop would indeed use the FIFO method to calculate the average profit and loss.

At the current time, it is not possible to modify this behavior. We have a pending feature request with our development team to enable the customization thereof.

I have added a vote on your behalf to this feature request. I will follow up with a tracking number as soon as I have further information.

Please don't hesitate to let me know, should you have any further questions!

[WynneIndustries]

Thank you for the response, Manfred.

I completely understand the FIFO methodology and appreciate the ticket being placed on it. All I'm after is the position being removed from the average as it is closed. Not trying to tell anyone how to do their jobs (seriously, just a thought process through it), but maybe tie the position in the calculation to the order entry like the stops and profit targets are? The P/L seems to calculate correctly, it's just the average price as individual positions are closed.

Thank you!

[WynneIndustries]

Any update?

[NinjaTrader_Manfred]

Hello WynneIndustries,

Unfortunately, we don't have a timeline for the implementation of specific feature requests.

Our development team reviews these requests regularly and will implement them based on the feasibility.

Once a feature is implemented, you may find further information in our Release Notes below:

https://ninjatrader.com/support/helpGuides/nt8/release_notes.htm

Please don't hesitate to let me know, should you have any further questions!

[WynneIndustries]

Sorry if I come across as crass but I guess I thought it was more an error correction than a feature request and would be handled as such.