Multiple Entries, Single Exit

[Deep_ITM_Puts]

Hi All,

I've been customizing a strategy in strategy editor and have hit a wall. Currently its set up to enter and exit when certain indicator criteria is met. Super basic strategy.

I'd like to be able to add a second buy if the existing position dips and exit all on the existing exit criteria.

For example, strategy buys 1 contract, position dips 20 ticks, another buy, then all positions are closed at the same time. If the position does not dip, it would stick with 1 contract and exit.

Any thoughts? Thanks in advance!

[NinjaTrader_ChrisL]

Hello Deep_ITM_Puts, thanks for your post.

You might need to set the position quantity as the quantity for exit orders e.g. in your exit action:

https://clauber.tinytake.com/tt/NTIzMzE4Nl8xNjM2NDY5Mw

This could be one solution, it depends on how exactly your strategy is written out. Please give this idea a test.

Kind regards,
-ChrisL

[Deep_ITM_Puts]

Thank you. I'm actually working with the code directly. I'm basically looking to keep everything the same except to buy 1 additional contract if open position decreases by X ticks. Any suggestions?

protected override void OnBarUpdate()
{
// Exit if cross has occurred since entry, or SMAs are no longer in up trend.
if (!TrailStop && Position.MarketPosition != MarketPosition.Flat
&& (CrossAbove(smaFast, smaSlow, 1) || CrossBelow(smaFast, smaSlow, 1))
&& (smaFast[0] < smaFast[1] || smaSlow[0] < smaSlow[1]))
{
ExitLong();
}

// Or exit with our trailing stop on the fast (50 period by default) SMA.
else if (TrailStop && Position.MarketPosition != MarketPosition.Flat)
{
if (Close[0] > smaFast[0])
ExitLongStopMarket(smaFast[0]);
else
ExitLong();
}

// Enter on smaFast crossing above smaSlow.
if (CrossAbove(smaFast, smaSlow, 1)
&& Position.MarketPosition == MarketPosition.Flat)
{
if (!IncreasingVolume)
EnterLong(); // No increasing volume factor.
else if (IncreasingVolume && Volume[0] > Volume[1])
EnterLong(); // Enter only if volume is increasing since prior bar.
}
}

[Deep_ITM_Puts]

Figured it out!! I've added this and it worked. Thanks!

// Buy the dip
if (Position.GetUnrealizedProfitLoss(PerformanceUnit. Ticks, Close[0]) == -200)
{
EnterLong(Convert.ToInt32(DefaultQuantity), "");
}