Slippage - Exit on Session Close

[algospoke]

When adding a strategy to a chart, you have the option to check the box for "Exit on Session Close" so that your position exits before the end of the trading hours. In a live account, have you seen any slippage in this? Has this been selected for you and your position did not actually close before the end of the trading hours? Just curious, if its better to hard code my strategy to exit my position a minute or two before the end of the trading hours to account for any slippage

Thanks

[NinjaTrader_BrandonH]

Hello algospoke,

Thanks for your post.

When the Exit On Session Close option is enabled the strategy will cancel all strategy generated orders on all strategy instruments and close all open strategy positions at the close of ANY session for multi-time frame/multi-instrument strategies.

Note that live orders submitted from a strategy could encounter some amount of slippage depending on market dynamics.

See this help guide page for more information about IsExitOnSessionCloseStrategy: https://ninjatrader.com/support/help...sestrategy.htm

See this forum thread also for more information about Exit On Session Close and a strategy example demonstrating preventing entry after Exit On Session Close: https://forum.ninjatrader.com/forum/...t100666