Find EntryPrice Realtime

[user10]

Hello to the forum,

I want to calculate the entry of a position and have successfully completed the historical part.
Therefore I am aware that I have to respect different conditions for the entry signal and the sequence signal.

Realtime I still have problems. I cannot understand which entry price I have to use.
In my opinion, the CurrentAsk would be correct if the entry condition is given.
Currently I work with Close [0], which is most often correct.
This usually works but not always; attached an tick - evaluation.

12.09.2019 13:59:00 Close[0] 12418 Close[1] 12419 Open[0] 12418,5 Open[1] 12427,5 mybid 12417,5 myask 12419 calcEntryPriceLong 12418,5 tradedEntryPriceLong 12419,5

12.09.2019 14:06:00 Close[0] 12417,5 Close[1] 12417 Open[0] 12417,5 Open[1] 12428,5 mybid 12416,5 myask 12417,5 calcEntryPriceLong 12417,5 tradedEntryPriceLong 12417,5

tradeEntryPriceLong equals Position.AveragePrice (green Target and Stopp)










At 13:59, the tradedEntryPrice (Entry from NT8) is derived neither from
the current or previous Close, the current or previous Open or from the Current ASK / BID !?

So my question: What is the correct starting price in a real-time position?

I am aware that the calculation of the entry price also depends on the fill of the position.
Currently I calculate and simulate.
I'll deal with the necessary adjustments in live trading later.
In any case, the programming must be correct first.

THANK YOU!

[junkone]

use the OnExecutionEvent and capture it. its your best source for the executed price.

[NinjaTrader_ChrisL]

Hello user10, thanks for your post.

The OnExecutiaonUpdate event will let you get the entry price for your orders right when they are executed. We have a reference sample here that shows how to use OnExecutionUpdate and OnOrderUpdate.here.

Please let me know if I can assist any further.

[user10]

Thanks for the hint.

If I understand correctly, my problem is not solved.

My calculations should concern both long and short strategies.
How could onOrderUpdate (Long) help?

Currently I'm testing with a limit order on GetCurrentBid ();
the results will be better, but they are not always correct.

Many thanks for the support!

[NinjaTrader_ChrisL]

Hello user10, thanks for your reply.

OnExecutionUpdate has a "marketPosition" property that you can use to tell if the execution made the account long or short. You could also use the signal name to identify your orders in a more customized way. The Execution object that is passed to OnExecutionUpdate holds a Name property that can be used.

Please let me know if I can assist any further.