Account.Flatten() Without Closing Strategy?

[gbourque]

Is there a way to use Account.Flatten() without it closing the strategy? Or is there an alternative way I can close a current position without closing the strategy?

[gbourque]

I figured out I can get my positions, submit market orders to close them, and then close any stop or target orders. I assume this is recommended.

[NinjaTrader_ChelseaB]

Hello gbourque,

There isn't a way to call Account.Flatten() without disabling a strategy.

Instead place a market order in the opposite direction of the position with the position quantity.

If you are trying to close the strategy position use ExitLong()/ExitShort().

If you are trying to close an account position without changing the strategies position use Account.Submit() with Account.CreateOrder.

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

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

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

[gbourque]

My strategy is unmanaged so I can't use ExitLong nor ExitShort. I tried just submitting sells to close long positions, and buys to close short positions. This worked but the Replikanto trade copier got confused and left orders open. I'm not sure why Flatten has to close the strategy. That should at least be optional.

[NinjaTrader_ChelseaB]

Hello gbourque,

Call SubmitOrderUnmanaged with OrderType.Market and the OrderAction opposite to the position (i.e. if MarketPosition.Long use OrderAction Sell, if MarketPosition.Short use OrdeAction.BuyToCover).

Disabling working strategies is intentional as closing the account position will cause the strategies position to become out of sync.

[gbourque]

Yes, I had already tried that. But I tried it again, this time canceling my stop and targets before submitting the opposing order. This seem to work better with Replikanto. Thanks!

[judysamnt7]

Hi Chelsea,
I met similar issue in strategy development. To avoid disabling active strategy, I use ExitLong and ExitShort instead of Flatten(). the challenge for me is I was trying to exitlong on 2nd instrument without knowing its quantity. How to do that? If no paramenters get fed into ExitLong(), it simply close all primary positions instead of secondary positions.

[NinjaTrader_ChelseaB]

Hello judysamnt7,

If the position was entered by the strategy, submit the exit using the barsInProgress index of that instrument that was added to the script.

ExitLong(int barsInProgressIndex, int quantity, string signalName, string fromEntrySignal)

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

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

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

If the position was not entered by the strategy, get the position from the account, and submit the order to the account using the addon approach.

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

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

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

[judysamnt7]

To use syntax ExitLong(int barsInProgressIndex, int quantity, string signalName, string fromEntrySignal), the quantity has to be determined. How do I get the quantity of remaining position size for 2nd instrument? Can it be left blank ?

another question is : if I convert my strategy to an indicator, would Flatten() still close everything ?

[NinjaTrader_ChelseaB]

Hello judysamnt7,

If the strategy submitted the order the Position.Quantity or Positions[price series index].Quantity would be the remaining quantity.
This cannot be left blank.

Yes, Account.Flatten() is an addon approach method and will work in any script.