'Use FIFO for position avg. price calculations' setting is not working

[drecio]

Hello,

The avg. price is always calculated using FIFO, despite this setting in Options (General tab).

Thank you.

[NinjaTrader_Jason]

Hello drecio,

Can you please tell me what NinjaTrader version you have installed. You can check this at Control Center-->Help-->About.

I tested it on my end and it worked as expected.

With 'Use FIFO for position avg. price calculations' unchecked

I entered the market at the following two prices
1285
1284

Average entry price
1284.5

Subsequently, I scale out 1 contract and the following entry price is reflected.
1284.5



With 'Use FIFO for position avg. price calculations' checked
1285
1284

Average entry price
1284.5

Scale out 1 contract
1284

Can you please perform a similar test on your end while connected to the Simulated Data Feed and check if you experience the same outcome.

[drecio]

Hello Jason, you are right. My version is 7.0.1000.6. I don't know what I did in order to test this issue. Sorry for that.

Anyway, I would find a very interesting functionality, to have a LIFO option for avg.price calculation. Maybe would be this possible in future versions?.

Thanks.

[NinjaTrader_Jason]

No worries, good to hear it works as expected for you as well.

I will forward your suggestion to support LIFO for average price calculation to development.

[NinjaTrader_Jason]

The suggestion to use LIFO for average price calculations is assigned to ID# 55.

[drecio]

Hello. I have tested this again, and it is correct only when using SIM101, but using my live CQG account the behaviour is always FIFO.

i.e.:
Long 1 @ 97.93
Long 1 @ 97.97
avg: 97.95

exit 1st: 97.99
At this point the avg. becomes the last entry price: 97.97
exit 2nd: 98

[NinjaTrader_Jason]

Unfortunately, it does not apply when trading live with CQG. Position information is provided by CQG and is not calculated by NinjaTrader.