How can I make it so a new direction won't start until the first direction has completed all it's trades?
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Automated strategy exiting out of direction trade when new direction begins
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Automated strategy exiting out of direction trade when new direction begins
I have a strategy set up that trades both longs and shorts. When I test it on tradingview it only trades on direction at a time and will not enter a new one until the first direction has either hit it's stop loss or profit. Ninjatrader seems to exit out of one direction as soon as the conditions for the reverse is detected.
How can I make it so a new direction won't start until the first direction has completed all it's trades?Tags: None
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Hello unpronounceable1700,
If your condition to enter in the opposite direction becomes true that will automatically close out the existing position and enter into the opposite direction as a reversal. That is a default feature when using the managed approach. To avoid that your entry conditions would need to be limited to working when the strategy is flat, you can do that by adding a position check condition.
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