Strategy code assist needed for handling positions

NexusFi · 2012-11-13T17:30:51-05:00

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 …

Discussion in NinjaTrader

Updated November 13, 2012

Strategy code assist needed for handling positions

November 13th, 2012, 05:30 PM

#11 (permalink)

sburtt

London, UK

Elite Member

Experience: Advanced

Platform: NinjaTrader

Trading: EUR/USD

Posts: 58 since Jul 2012

Thanks Given: 3

Thanks Received: 4

FalseProphets

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.

Not totally true, considering i am talking about a 5 min strategy with approx 6 entries per day