Take action based on existing position

[staycool3_a]

Can someone please point me toward some documentation for making a trading decision based on an exiting love position.

For example if profit/loss of exiting position is X then initiated a another position etc

Is that possible in NT?

Both will have to be independent (separate strategies) but perhaps they can read each other's profit/loss?

Thanks

[koganam]

Can someone please point me toward some documentation for making a trading decision based on an exiting love position.

For example if profit/loss of exiting position is X then initiated a another position etc

Is that possible in NT?

Both will have to be independent (separate strategies) but perhaps they can read each other's profit/loss?

Thanks

Strategies do not cross communicate.

It being just c#, there are ways to get data from one strategy to another, but they are all unsupported hacks. Here is one. You will have to adapt it to your circumstances.

ref: http://www.ninjatrader.com/support/f...ons#post354670

[staycool3_a]

Thanks

Can one strategy analysis multiple positions?

For example

Logic 1= XYZ happens go long
Logic 2= if logic 1 position is live then do ABC on a different symbol

Essentially I'm working on a strategy between two symbols

[koganam]

Thanks

Can one strategy analysis multiple positions?

For example

Logic 1= XYZ happens go long
Logic 2= if logic 1 position is live then do ABC on a different symbol

Essentially I'm working on a strategy between two symbols

There is a string property called Position.Instrument.Fullname. You can query that, and go from there.

[NinjaTrader_PatrickH]

Hello calhawk01,

Thank you for your post.

As accessing the other strategies is unsupported, I would provide you details on accessing a strategies current position to pull profit and loss using GetProfitLoss(): http://www.ninjatrader.com/support/h...profitloss.htm

[staycool3_a]

Hello calhawk01,

Thank you for your post.

As accessing the other strategies is unsupported, I would provide you details on accessing a strategies current position to pull profit and loss using GetProfitLoss(): http://www.ninjatrader.com/support/h...profitloss.htm

thank you

before i jump into trying to figure out how to do this; can you confirm that it is possible to store multiple symbols in the same strategy? what i'm trying to do is exactly:

if symbol 1 profit= XYZ; then go long symbol 2; then if symbol 1 profit = ABC; then exit symbol 2.

essentially i'm trying to create a hedge for symbol 1 position if the loss increases etc

[staycool3_a]

so i tried:

the strategy once compiled is being run on SPY.

the additional intrument is FAS

Add("FAS", PeriodType.Minute, 1);

//go long SPY if the below crossover happens

if (CrossAbove(RSI(14, 0), 30, 1))

{
EnterLong();
}

}

//if SPY is long and loss is more than 10 cents; then go long FAS

if (Positions[0].MarketPosition == MarketPosition.Long
&& Close[0] < Position.AvgPrice-.10)
{
EnterLong(1,1,"Buy FAS");
}

It seems to ignore the second logic "if long"

how do i make a reference to buy FAS?


btw; i looked at the sample multiple instrument strategy. it doesnt even execute trades on multiple symbols.. i'm not really sure why it's a sample called multiple instruments.

[NinjaTrader_PatrickH]

Hello calhawk01,

Thank you for your response.

Set EntriesPerDirection to more than 1: http://www.ninjatrader.com/support/h...rdirection.htm

[staycool3_a]

Hello calhawk01,

Thank you for your response.

Set EntriesPerDirection to more than 1: http://www.ninjatrader.com/support/h...rdirection.htm

still doesnt work. instead of buying the additional added instrument.. it buys the primary instrument when profit goes below 10 cents

[staycool3_a]

ok i got it to buy both positions.

            if (Close[0] > 0)
    {
       
         EnterLong(PrimaryQuantity, "PrimaryBuy");
    }
        if (Close[0] [B]< Position.AvgPrice[/B]-hedge)
    {
        EnterLong(1,HedgeQuantity, "HedgeBuy");
    }
        else if (Close[0] > Position.AvgPrice-hedge)
    {
        
        ExitLong(1,"HedgeSell", "HedgeBuy");
    }

seems to be the issue. is there a better way to reference Primary Buy and Hedge buy when creating an entry/exit signal?


meaning how can i get average entry price for ''primary buy". i'm unable to apply indexing to position.avgprice

[staycool3_a]

protected override void OnBarUpdate()
{
if (Close[0] > 0)
{

EnterLong(0,PrimaryQuantity, "PrimaryBuy");
}
if (Close[0] < Position.AvgPrice-hedge)
{
EnterLong(1,HedgeQuantity, "HedgeBuy");
}
else if (Close[0] > Position.AvgPrice-hedge)
{

ExitLong(1,"HedgeSell", "HedgeBuy");
}
}

actually i take that back. i had to enter the bolded to execute the primary order first and then take actions based on the primary order. by adding the above bolded [0] now the logic is not executing the hedge position...

1) why is the hedge not executing? max entries is set to more than 1

2) how do i reference the entry price for the primary signal?

[staycool3_a]

{
          if (Position.MarketPosition == MarketPosition.Flat && Close[0] > 0)
    {
       
        EnterLong(0,PrimaryQuantity, "PrimaryBuy");
         SetProfitTarget("PrimaryBuy", CalculationMode.Ticks, Profit);
    }
        [B]if (Position.MarketPosition == MarketPosition.Long 
            && Close[0] < (Position.AvgPrice-hedge))
    {
        EnterLong(1,HedgeQuantity, "HedgeBuy");
    }[/B]
        if (Close[0] > Position.AvgPrice-hedge)
    {
        
        ExitLong(1,"HedgeSell", "HedgeBuy");
    }
}

looks like the bold part keeps adding additional size to the hedge position everytime that condition is true. how can i make it so that it ends the position when close is > position.avgprice-hedge.. the last part of the script

i think i need to know how to reference the primary buy rather than saying ''avgprice''

[staycool3_a]

         if (Positions[0].MarketPosition == MarketPosition.Flat && Positions[1].MarketPosition == MarketPosition.Flat && Close[0] > 0)
    {
        EnterLong(0,PrimaryQuantity, "PrimaryBuy");
        SetProfitTarget("PrimaryBuy", CalculationMode.Ticks, Profit);
    }
        if (Close[0] < (Positions[0].AvgPrice-hedge))
    {
        EnterLong(1,HedgeQuantity, "HedgeBuy");
    }
    {
[B]        if (Positions[0].GetProfitLoss(Close[0], PerformanceUnit.Currency) == 0)
    {
        
            ExitLong(1,"HedgeBuy", "HedgeSell");[/B]
    }
    }

does not end the position. even thoough the first position is flat and the unrealized pnl is 0; we're still long

[NinjaTrader_PatrickH]

Hello calhawk01,

Thank you for your responses.

Please try Positions[0].AvgPrice.