One Trade per Direction

[123r34]

I am using the Strategy Wizard and experimenting with MA Crossovers using profit targets and stop losses. If there is a large trend the strategy will enter multiple times in the same direction. How do I program for only 1 trade per direction?

Thanks in advance for any advice

Mark

[NinjaTrader_Bertrand]

Hi Mark, you could set for example EntriesPerDirection to 1 in the Order Handling when you start your strategy - http://www.ninjatrader-support.com/H...Direction.html

[123r34]

I have the Order Handling "Entries per Direction" set to 1. It still gives multiple entries in the same direction when the profit target or stop loss is hit. It will re enter if the trend has not changed. I am using the Strategy Wizard to make the strategy. Any other possibilities you can think of?

Thanks

Mark

[NinjaTrader_Bertrand]

Yes, for example you could use crossover rules so the strategy does not reenter immedidately when stop or target are hit and the condition for entry would return still true...other you would need to work with user variables in the wizard and a trend indicator for identifying the longer wave.

You can check this thread for a sample strategy working with user variables - http://www.ninjatrader-support2.com/...ad.php?t=14090