Problem wiht Breakeven after reach one of two positions

[mjairg]

Hi i was trying this code, for open one positions, two profits, and one stop, i was trying go to breakeven after reach first position, but when price reach first position the second one is deleted, how can i maintain the second profit after price go to breakeven

Thans a lot

https://drive.google.com/file/d/1UUGXeg3ORQKQKSGov0s2oVffhP_TDXQp/view?usp=sharing

[rockmanx00]

I'm not entirely sure...but in your breakeven section I see you have CancelOrder(_stopOrder); Since this is a partial and your first take profit is hit, would that cancel the second target order too? After that I see you have code that resets your Stop Loss with the remaining contracts at your breakeven price. I would add some prints and/or make TraceOrders = true to find out what is happening in that split second. I would comment out the CancelOrder part and see how that affects it, and then go from there.

[mjairg]

Thanks a lot, I tried it but it's still the same, maybe send a new profit order when the price reaches breakeven, but I don't know if it's appropriate

[rockmanx00]

have you tried traceOrders? I'm wondering if the output can give any clues?

[NinjaTrader_Jesse]

Hello mjairg,

To place separate targets you will need to use two separate entries with different signal names. That will let you tie targets to part of the position.

[mjairg]

Hello mjairg,

To place separate targets you will need to use two separate entries with different signal names. That will let you tie targets to part of the position.

Thanks, Signals are separated, this is part of code, the little problem is maintan second order active when i move the price to Breakeven, i try delete CancelOrder(_stopOrder); but dont work


I have an entry signal function with this for test purposes,

_enterLong = Close[0] > Open[0];
_enterLong &= Open[0] > High[1];

_enterShort = Close[0] < Open[0];
_enterShort &= Open[0] < Low[1];

a trade funcion call from onbarupdate

if (Position.MarketPosition == MarketPosition.Flat) //No tenemos una posición larga (long) ni corta (short).
{

if (_enterLong){
  EnterLong(_posSize, LongPos);
}
else if (_enterShort){

  EnterShort(_posSize, ShortPos);
}
}
else if (Position.MarketPosition != MarketPosition.Flat)// Tenemos un tipo de entrada
{
}

After OnExecutionUpdate i call a SetStopProfit

private void SetStopProfit(Execution execution)
{

var entryPrice = execution.Order.AverageFillPrice;
_pos1 = Math.Round((_posSize * PositionSplitPercent / 100), 0);
_pos2 = _posSize - _pos1;

if (_currentPosition == CurrentPos.Long)
{
_stop = entryPrice - StopTicks * TickSize;
_profit1 = entryPrice + ProfitOneTicks * TickSize;
_profit2 = entryPrice + ProfitTwoTicks * TickSize;
_profitOrder1 = ExitLongLimit(0, true, (int)_pos1, _profit1, ProfitLong1, LongPos);
_profitOrder2 = ExitLongLimit(0, true, (int)_pos2, _profit2, ProfitLong2, LongPos);
_stopOrder = ExitLongStopMarket(0, true, _posSize, _stop, StopLong, LongPos);

}
else if (_currentPosition == CurrentPos.Short)
{

_stop = entryPrice + StopTicks * TickSize;
_profit1 = entryPrice - ProfitOneTicks * TickSize;
_profit2 = entryPrice - ProfitTwoTicks * TickSize;
_profitOrder1 = ExitShortLimit(0, true, (int)_pos1, _profit1, ProfitShort1, ShortPos);
_profitOrder2 = ExitShortLimit(0, true, (int)_pos2, _profit2, ProfitShort2, ShortPos);
_stopOrder = ExitShortStopMarket(0, true, _posSize, _stop, StopShort, ShortPos);

}
}

private void BreakEven(Execution execution)
{

CancelOrder(_stopOrder);
if (execution.Order.Name == ProfitLong1)
{
_stopOrder = ExitLongStopMarket(0, true, (int)_pos2, Position.AveragePrice, BreakEvenLong, LongPos);

}
if (execution.Order.Name == ProfitShort1)
{
_stopOrder = ExitShortStopMarket(0, true, (int)_pos2, Position.AveragePrice, BreakEvenShort, ShortPos);

}

}

[rockmanx00]

I think the point is, he is saying that you are using:
_profitOrder1 = ExitLongLimit(0, true, (int)_pos1, _profit1, ProfitLong1, LongPos);
_profitOrder2 = ExitLongLimit(0, true, (int)_pos2, _profit2, ProfitLong2, LongPos);

Both of which use the entry signal LongPos. You may be separating the targets, but they both use the same entry signal. You essentially need to make them two separate entries, so LongPos1 and LongPos2. This happens to be what I had to do for my strategy, which has the same type of logic as yours. I just wasn't sure that it wasn't possible doing it the way you are currently doing.

So instead of EnterLong(_posSize, LongPos);
you need to replace that with
EnterLong((int)_pos1, LongPos1);
EnterLong((int)_pos2, LongPos2);

[mjairg]

I think the point is, he is saying that you are using:
_profitOrder1 = ExitLongLimit(0, true, (int)_pos1, _profit1, ProfitLong1, LongPos);
_profitOrder2 = ExitLongLimit(0, true, (int)_pos2, _profit2, ProfitLong2, LongPos);

Both of which use the entry signal LongPos. You may be separating the targets, but they both use the same entry signal. You essentially need to make them two separate entries, so LongPos1 and LongPos2. This happens to be what I had to do for my strategy, which has the same type of logic as yours. I just wasn't sure that it wasn't possible doing it the way you are currently doing.

So instead of EnterLong(_posSize, LongPos);
you need to replace that with
EnterLong((int)_pos1, LongPos1);
EnterLong((int)_pos2, LongPos2);

Thanks a lot for your help, for now i solved it, sending a new order in Breakeven function for testing i put this

private void BreakEven(Execution execution)
{

CancelOrder(_stopOrder);
if (execution.Order.Name == ProfitLong1)
{
_stopOrder = ExitLongStopMarket(0, true, (int)_pos2, Position.AveragePrice, BreakEvenLong, LongPos);
ExitLongLimit(0, true,3, 22107, "SignalName", LongPos); // -----------------------------------------------------------------------------> New order

}
if (execution.Order.Name == ProfitShort1)
{
_stopOrder = ExitShortStopMarket(0, true, (int)_pos2, Position.AveragePrice, BreakEvenShort, ShortPos);

}

}