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Add to original position in NinjaTrader Strategy


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Add to original position in NinjaTrader Strategy

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  #1 (permalink)
San Francisco, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
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Posts: 54 since Feb 2010
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Hi, is there any way to add more to the original entry position in a NinjaTrader strategy? Thanks!

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  #3 (permalink)
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Best way would be to have a unique name for the second order's contract(s) - "L2", "S2". Also you could have different entry criteria for the new orders. ie, if after entry there is an additional pullback but my stop isn't hit and it creates a new qualified setup, then enter with additional contracts.

If you have any more specific scenarios, let us know.
Kirk

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  #4 (permalink)
london uk
 
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zeller4 View Post
Best way would be to have a unique name for the second order's contract(s) - "L2", "S2". Also you could have different entry criteria for the new orders. ie, if after entry there is an additional pullback but my stop isn't hit and it creates a new qualified setup, then enter with additional contracts.

If you have any more specific scenarios, let us know.
Kirk

zeller4, really dumb question, but the long/shorts trades, are they not unique? Why would you want to create unique names for orders.

Thanks

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  #5 (permalink)
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tellytub View Post
zeller4, really dumb question, but the long/shorts trades, are they not unique? Why would you want to create unique names for orders.

Thanks

If your settings are to allow only unique entries then obviously you cannot have two similar entry positions.

Example:

You enter long but then you would like to add to winners, but if 1st (initial) enter long has exactly the same name as 2nd (add-to-winners) enter long, NT won't allow to execute 2nd long.

The solution is to give unique identifiers to an Order, like "Long1", "Long2", etc

The syntax is as follows:

EnterLong(int quantity) //when no unique identifier needed
EnterLong(int quantity,string signalName) //with signalName as unique identifier

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  #6 (permalink)
San Francisco, CA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: ES
 
Posts: 54 since Feb 2010
Thanks: 8 given, 17 received

Hi zeller4, I got it resolved by following your instructions. Thank you very much.

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