Strategy Exit on Manual Entries

[Ousher]

I'm trying to set up my strategy to help me manage and automatically exit manual entries.

I have added

 IsAdoptAccountPositionAware = true;
StartBehavior = StartBehavior.AdoptAccountPosition;
if(State == State.Historical) return;

to the code.

I also have "Adopt Account Position" enabled.

My exit code is

if (
(Close[1] < Open[1])
&& (BarsSinceEntryExecution(0,"",0) > 0)
&& (PositionAccount.MarketPosition == MarketPosition.Long)
)
{
ExitLong(Convert.ToInt32(DefaultQuantity), "", "");
}

But that doesnt seem to work.
Any help?

Thanks!

[NinjaTrader_Kate]

Hello Ousher,

Thank you for your post.

I don't believe you can use BarsSinceEntryExecution here since at the time the position is entered the strategy would not be active. A strategy programmed to adopt the account position would need to be started after the entry is placed and would not know how many bars its been since the execution - that's likely why you're not seeing the exit.

I should also note here that a strategy using IsAdoptAccountPositionAware = true and StartBehavior = StartBehavior.AdoptAccountPosition will only be able to adopt the current position when its started - entries submitted manually after the strategy is started would not be detected and would cause the strategy position to be out of sync with the account. You would need to disable the strategy each time, enter, and then restart the strategy.

If you want to submit orders manually and then have the strategy manage those, it would be recommended to create custom buttons within the strategy to submit your entries when triggered, which you can then submit stop and target orders for from the strategy so everything is managed within it.

You can see an example of submitting entries based on custom button presses on our User App Share here:

https://ninjatraderecosystem.com/user-app-share-download/long-short-toolbar-buttons-2/

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

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