P&L for 2nd trade with 2 active

[galsermil]

I am using :Position.GetUnrealizedProfitLoss(PerformanceUnit. Pips, Close[0]) >= Target to determine the P&L when there is 1 trade active and it seems to be performing correctly. There are times when I have 2 trades active and I require the P&L for the 2nd trade only and then there are times that I need the P&L for the two trades combined. Can someone tell me what to use in these two situations?

[NinjaTrader_ChrisL]

Hi galsermil, thanks for posting. The Position object will be the average position. You would need code in your script that will save the entry prices to class level variables so it can be compared to the current price. Take the difference of those two numbers to find your profit/loss of individual trades.

Kind regards,
-ChrisL

[galsermil]

Chris, will you tell me what I can reliably use for an opening price. I tried to use Close[0] and I wasn't even close.

[NinjaTrader_ChrisL]

Hi galsermil, the best way to save the execution price is in OnExecutionUpdate. This holds the exact execution price of the order in the "price" parameter.

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?onexecutionupdate.htm