Question on OnEachTick and strange multiple entries/TPs

[iboersma]

Hi all,

I'm working on a strategy that uses volumetric bar data and OnEachTick calculation to handle entries. I'm noticing that, at least for historical and market replay testing, I get bars where I see a huge number of relatively simultaneous entries and take profits (or stop losses) and cannot figure out why since the price action is not matching this. Is this an anomaly with testing volumetric bar data? I haven't yet seen this when trading the strategy live, but I haven't had it running for that long, either. Any ideas?


Ian

[NinjaTrader_ChrisL]

Hi, thanks for posting. If the strategy does not have any code preventing it from taking more than 1 entry per bar it would keep entering every time your entry condition becomes true. You can check your current position and quantity through the Position object. You will need to add Print() methods throughout your code to see why the entry orders are being reached multiple times in a short time frame like what is shown in the screen shot. Here are some documented examples:

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

Kind regards,
-ChrisL

[iboersma]

Many thanks for the quick reply NinjaTrader_ChrisL. I've encased my order entry logic with

if (Position.MarketPosition == MarketPosition.Flat && (BarsSinceEntryExecution() >= 1 || BarsSinceEntryExecution() == -1))

and it seems to have resolved the issue!