Increase Position Size question

[caliph]

A very simple question that I somehow cannot figure out.

I have a strategy with:
EntriesPerDirection = 1;
EntryHandling = EntryHandling.AllEntries;

And I want to increase the position size by 10000 of the only market position that I have.

Can I use "EnterLong()" to increase position size?
How do I have to configure it?

Any help is appreciated?

Best regrds,
Stefan

[NinjaTrader_Bertrand]

Stephan, you would run then with UniqueEntries for example to be able to scale into with another partial positon into your full size - http://www.ninjatrader.com/support/f...ead.php?t=3751

[caliph]

Thanks for the answer. I am not sure I understand the concept of increasing/decreasing a position size in the course of a strategy. I believe you call it scale in and scale out.

Example:
EntriesPerDirection = 100;
EntryHandling = EntryHandling.AllEntries;

The desired application flow is:

EnterLong( quantity, "longposition" ); // quantity e.g. 25000

ExitLong (x, "whatever", "longposition"); // this time x = 5000

// Now I want to increase the position again by e.g. 7500
// how do I do that?

// And later I want to decrease it again by e.g. 3000

and so on and so on.


Any help is appreciated.

[NinjaTrader_Bertrand]

Stephan, in the managed approach you would first scale in with your desired partial qty (i.e. 7500, 3000, 25000) so you could the later sell this partial position. So basically for every partial qty you need, you would create one entry name / signal so it could be properly tracked.

If you would like more flexibility without the NT signal tracking, we also have a completely unmanaged mode in NT7 that would allow to just SubmitOrder() any size you would like to, of course you then need to keep track of your overall size and just resting exit orders as needed to reflect changes in position size: http://www.ninjatrader.com/support/h...d_approach.htm

[icaruschung]

Hi,

Similar issue I have, I have tried to use "EnterShort" to increase my position. The first call to "Entershort" works, but the second call doesn't increase my position accordingly.

The code I did is something like this:

..some condition
EnterShort(1, entrySignal-1);

..some other condition
EnterShort(1, entrySignal-2);

//print market position
Print(Market Position Qty=" + Position.Quantity.ToString()); //This return 1 instead of 2

Can you advice? I am using NJ7

[NinjaTrader_Bertrand]

Hi,

Similar issue I have, I have tried to use "EnterShort" to increase my position. The first call to "Entershort" works, but the second call doesn't increase my position accordingly.

The code I did is something like this:

..some condition
EnterShort(1, entrySignal-1);

..some other condition
EnterShort(1, entrySignal-2);

//print market position
Print(Market Position Qty=" + Position.Quantity.ToString()); //This return 1 instead of 2

Can you advice? I am using NJ7

icaruschung, please check into your EntryHandling settings so it could allow multiple entries in the same direction in the managed approach -

https://ninjatrader.com/support/helpGuides/nt7/entryhandling.htm