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Strategy code assist needed for handling positions
I am new to NT, I am sure this is likely easy ... just cant yet get my head around it.
If my market position is long and my strategy generates a short signal, how can tell NT to go short twice the default size, and even more important how can I explain NT that at this point my net short position is 1 time the default size, hence stop loss should apply to that size and not the 2 * default size?
Please let me know if my query is clear, thanks for your help
John
Can you help answer these questions from other members on NexusFi?
not really. What I mean is assume I am long 50k EURUSD, when I get a short signal what NT does is cover 50k EURUSD long and short 50k EURUSD, basically it sells 100k EURUSD, but instead of doing this with 1 trade it does 2 trades, hence I pay twice commissions.
IF I set my short order to:
EnterShort(DefaultQuantity*2,"");
I avoid this problem, HOWEVER, at this point it doesn't accept/identify the correct quantity to buy on my StopLoss, what NT does is set the StopLoss quantity to 100k, rather than my current position of 50k.
My question is what should I use in the Quatity field of my order:
Hi,
You have to go the route of unmanaged orders to circumvent the Ninja failsafe of having two trades in two directions simultaneously. One question I always ask, is saving on the commission that important that you want to open yourself to the world of unmanaged orders?
Again, it can be done but not recommended. Time better spent on extending profitability of current methods than squeezing money out of the commissions bucket, IMHO.
