Managed Unmanaged Approach

[sburtt]

Hi NT Team,

excuse my naive question:

can I use a mix of managed and unmanaged orders in a single strategy?

[NinjaTrader_CalH]

Hi Sburtt,

Thank you for posting.

Unfortunately, you cannot have a mix of Managed and Unmanaged orders in a single strategy.

You will need to choose which order approach you would like to use.

See the link below on Order Methods for NinjaScript to get a full understanding of the approaches and what to expect.
http://www.ninjatrader.com/support/h...er_methods.htm

Please let me know if I can be of further assistance

[sburtt]

what about EntryHandling would this work in the unmanaged approach?

[NinjaTrader_CalH]

Hi Sburtt,

Unfortunately, the Unmanaged approach does not utilize the EntryHandling properties, EntriesPerDirection and EntryHandling, and therefore would not work.

You can, however, use signal names like BarsSinceEntry() and BarsSinceExit() instead.

Please see the Unmanaged section of the help guide.
http://www.ninjatrader.com/support/h...d_approach.htm

Please let me know if I can be of further assistance.

[koganam]

what about EntryHandling would this work in the unmanaged approach?

In the unmanaged order system, the EntryHandling is almost perforce by unique entries anyway. To handle the Entries per direction should be not too difficult to code. Here is one way.

 
private int MaxEntries = 3;

//do we want to enter a new order?
if (Position.Quantity < MaxEntries)
{
//entries allowed here
}

[sburtt]

All thanks for your reply. This is clear now.

I think i might have been confused. I am not using the unmanaged approach, but rather the advance order handling within the mamanged approach, hence i suppose EntryHandling should still work in my case, please advise if this is incorrect.

Furthermore, i should refrase my original question: is it possible to use a mix of advanced orders (IOrder) and standard orders ( in theory both managed approach) in a single strategy?

Thanks in advance for your assistance

[koganam]

All thanks for your reply. This is clear now.

I think i might have been confused. I am not using the unmanaged approach, but rather the advance order handling within the mamanged approach, hence i suppose EntryHandling should still work in my case, please advise if this is incorrect.

Furthermore, i should refrase my original question: is it possible to use a mix of advanced orders (IOrder) and standard orders ( in theory both managed approach) in a single strategy?

Thanks in advance for your assistance

All orders are IOrders. You may simply choose not to explicitly name your orders.

[NinjaTrader_CalH]

Hi Sburtt,

Yes, it is possible to use a mix of the Advanced Order handling with the Managed Approach in a single strategy.

Please let me know if I can be of further assistance.