FlipFlop strat question

[sprks7979]

Quick question as you guys have been super helpful in the past.

Suppose I have a simple strategy that uses trend direction to enter and exit.

Enters when trend is up and reverses when trend reverses to the downside. When the initial entry "closes" is that profit or loss calculated then, put in or subtracted from the account and then a "new" reverse trade is initiated? or is it a running tally until the strat is stopped?

[NinjaTrader_Emily]

Hello sprks7979,

Thank you for your post.

Performance reporting pairs up entries and exits in the order that they are received. Typically when a reversal occurs, the original position is closed and a new entry is submitted in the opposite direction. The realized profit/loss would reflect the first entry that is closed, and the unrealized profit/loss would reflect the PnL for the newly opened position in the opposite direction. For more information about the performance reporting available in the platform, please see the following help guide section:

https://ninjatrader.com/support/helpGuides/nt8/trade_performance.htm

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