Strategy with multiple entries

[Bionian]

Rather than using 3 different strategies during a bull trend, is it advisable to code multiple entry criteria into one strategy to reduce memory requirements?
If so, would you set the bars per direction at 3, use bars per entry = 1, with unique entries, name each execution, and tie exits to the named execution?
And would the strategy simply execute each entry as they occur chronologically and ignore subsequent entries if there are already 3 contracts long?

Thanks-
Rick

[NinjaTrader_Jesse]

Hello Bionian,

Yes in general it is always advisable to combine multiple strategies into one, the platform is more aligned with running single strategies per instrument than multiple.

The EntriesPerDirection depends on your goal, if you intend to have 3 entries in one direction at any given time you would need to use 3 here. The order your entries are submitted and managed would depend on the remainder of your logic and setup. The entries would be executed in the order your logic allows for, anything beyond the per direction limit would be ignored. If you are looking to stagger an entry or split an entry/exit into multiple parts you can see the following example of scaling out of a position: https://ninjatrader.com/support/help...a_position.htm


I look forward to being of further assistance.