Strategy should go either short or long, but only trades short

[philmg]

Hi,
I have created the following entry logic. The variable "ONHigh" is above the market and the variable "ONLow2" is below the market. My problem is that the strategy now only trades short, although it should trade long when the market goes to "ONLow2". I can't figure out why it doesn't trade long and short, depending on where the market goes. The code seems correct, because, when I delete the short limit entry shown here, then it takes all the long trades. Am I missing some restrictions that might cause this phenomenon?

[NinjaTrader_Jesse]

Hello philmg,

To make a bracket entry you would need to manually code the script using the unmanaged approach. The managed approach which the strategy builder uses will not allow you to do that type of order entry. There is a sample of what would be required to make a bracket entry here: https://ninjatrader.com/support/foru...926#post486926

[philmg]

Hi, I am not sure, if we are talking about the same thing. Do you consider a limit order above and another limit below the market as a bracket as well? I thought brackets are basically OCO orders, typically used for exiting with a stop or a limit and they cancel each other out. Here I really only want to place a limit order above and below, which don't need to cancel each other out.

[NinjaTrader_Jesse]

Hello philmg,

Yes that is considered a bracken entry even if it is not oco tied, the managed approach will ignore the second order. To submit two entry orders in opposite directions at the same time would require using the unmanaged approach.

Methods that generate orders to enter a position will be ignored if:
•The strategy position is flat and an order submitted by an enter method (EnterLongLimit() for example) is active and the order is used to open a position in the opposite direction

https://ninjatrader.com/support/help...antedPositions