Close position when EMA equals entry price

October 19th, 2014, 07:07 AM

Hi all,

I'm currently working on my first automated strategy and I'm having some problems with the following;

When the EMA is equal to the entry price --> Close position at market.
Im currently using the following coding, but I cant figure out why it doesn't work. Note that I don't get a coding error, but when I use the strategy analyser, the position is closed out on a different spot.

if (EMA(100)[0] == Position.AvgPrice);
{
ExitShort(0, 30000, "ExitEMAShort", "");
}

As you can see in the attached picture, the position is closed out only a few bars after the entry while the EMA is not near the entry price and I can't figure out why it closes the position at this specific price.
Could anyone help me out with this?

Thanks in advance!

Dennis

October 19th, 2014, 07:24 AM

Try removing the semicolon on the end of the if statement line.
Also don't use == but use <= the price will never be exactly the same.

October 19th, 2014, 08:04 AM

Thanks, it works now! The sollution is so simple. Now you notice I'm a beginner in coding ninjatrader strategy's.

I'm sure I will be comming with more questions. Is it best to create 1 topic with different questions as they arrise, or should I make a topic for each subject?

October 20th, 2014, 06:34 AM

Which ever. Just hope someone responds.

Close position when EMA equals entry price

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Close position when EMA equals entry price