Enabling two strategies on the same chart of Strategy Builder

[francescoconolombardi]

Hello!
Thank you in advance for your help!
I have a question regarding running(enabling) 2 or more strategies in the same chart with “Strategy Builder.”

Let’s say I have enabled two strategies on the same /NQ chart:
- Robot A
- Robot B


I want "Robot A" to ONLY enter a position if there aren’t any open positions from either Robot A or Robot B (and vice versa).
In case there are any open positions from either Robot A or Robot B, I would like the strategies to ignore the signal and not enter until the positions are CLOSED and the new conditions are met.

My current problem is:
Currently, "Robot A" ONLY pays attention if there are any open positions from the strategy “Robot A” but disregards any open positions from “Robot B” (and vice versa.)
This means that sometimes I might be long with “Robot A” and also long with “Robot B” and I just want to have ONE open position at a time.

I would like the two strategies to be in synch:
Meaning that it only enters when my current positions are FLAT from both Robot A & Robot B.

Thank you in advance!

[NinjaTrader_Kate]

Hello francescoconolombardi,

Thank you for your post.

Strategies are self contained and Strategy A does not know the positions Strategy B is taking. However, orders submitted by either would affect your overall account position. We would generally highly discourage running two strategies on the same account and instrument combination for this reason.

Let's look at an example of why running multiple strategies on the same account and instrument combo isn't a good idea:

Say we have two strategies, Strategy A and Strategy B. We start them at the same time while the account is flat, so we're not worried about synchronization.

Strategy A places an order for 8 long. Strategy B then places an order for 5 short. Strategy A will think it is in an 8 long position, Strategy B will think it is in a 5 short position, but the actual Account position would be 3 long, meaning that your PNL isn't what you think it is.

There would not be a away to monitor the overall account position from a Strategy Builder strategy in order for the separate strategies to be aware of the orders the other strategy is taking on the account.

I would suggest if you want to run different strategies for the same instrument, that you create a new sim account to run each strategy on, or combine the logic of both strategies into a single strategy that can manage the entire account position. Same would go for live, if you want to run more than one strategy on the same instrument, we would suggest you trade them on different accounts.

Here's a link to our help guide on creating multiple sim accounts:

https://ninjatrader.com/support/help...n_accounts.htm

For additional live accounts you would need to consult your broker.

Please let us know if we may be of further assistance to you.