Unable to close a position through an automated strategy in SIM account

[JohnZee]

Hello,

I am in a SIM account and would like for an open position to close automatically without my manual intervention, if my unrealized PNL is $25.00 or less. It's my first attempt and I have found following code, that actually compiles but doesn't do anything when PNL is less than or equal to $25.00.

Here is my strategy code that I am attaching to a chart before I open a position:

protected override void OnAccountItemUpdate(Cbi.Account account, Cbi.AccountItem accountItem, double value)
{

Account a = Account.All.First(t => t.Name == "Sim101");
double unrealized = Position.GetUnrealizedProfitLoss(PerformanceUnit.C urrency, Close[0]);

if(State == State.Terminated) return;

if (unrealized <= 25.00)
{

if(Position.MarketPosition == MarketPosition.Long)
{
ExitLong(Position.Quantity);
}
if(Position.MarketPosition == MarketPosition.Short)
{
ExitShort(Position.Quantity);
}
SetState(State.Terminated); return;

}
}

Is it possible to close an open position via code? I don't put bracket orders and would like to create strategies for automatically taking profit and losses. Thanks

John

[NinjaTrader_Emily]

Hello John,

Thank you for your post.

It is certainly possible to identify an open position and close it via code. It looks like you are looking to access a position that was opened manually, so your approach of using the Account class is the way to go.

As for the script compiling successfully but not behaving as expected when you run it, I recommend adding Print statements to understand the behavior of your script. It can help to print the time and any values/variables that are used in your script's conditions and/or actions to see how the logic is being evaluated. For more information about using Prints to debug:

https://ninjatrader.com/support/forum/forum/ninjatrader-7/strategy-development-aa/99209-date-conditions-not-working#post791121

That being said, it may also be helpful to review the snippets in the help guide, such as the one on the following page for accessing the Positions collection in the Account class:

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

For more information about the different methods and properties in the Account class in general, please see the following section of the help guide:

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

The AddOn Framework NinjaScript Basic file found on the AddOn development overview page also shows the Account class being used in a script:

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

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