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Am I the only one who noticed this bug on NT 7.0.1?


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Am I the only one who noticed this bug on NT 7.0.1?

  #11 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
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Fat Tails View Post
If you enter several positions and close some of them, there are basically three ways to account for PNL

- FIFO
- average price
- LIFO

NinjaTrader simply does not offer LIFO. You can only select between average price (default) and FIFO (can be activated under Options -> General).

There have been multiple requests by NinjaTrader users for this feature, also see the following links:

'Use [AUTOLINK]FIFO[/AUTOLINK] for position avg. price calculations' setting is not working - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum
LIFO for Matching Entries & Exits - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum
Last in First out [AUTOLINK]contract[/AUTOLINK] PnL - [AUTOLINK]NinjaTrader[/AUTOLINK] Support Forum

In some case - this depends on the broker API - NinjaTrader will show PNL as calculated by your broker.

Right on! I wanted him to show calculations so I can show him its either FIFO or another calculation.
I believe (although all should verify) that FIFO is also the preferred method for taxation in the USA, so calculation of LIFO are for individual uses only.

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  #12 (permalink)
 mborin 
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Could someone show some code that can be used inside of a strategy to manage LIFO internally?

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Last Updated on December 1, 2013


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