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Reverse Strategy / Position

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    Reverse Strategy / Position

    Hi at all,

    I tryed an automatic system with the OIF. It is a reversing-system with 3 different targets and exits. I send the OIF with an *.txt file from eSignal Chart

    Problem is, during the trading time some strategy-reversings. I don´t know, how can I do it.Problem:

    Buy 3ES-Mini, with 3 different targets an 1 Stop
    e.g. Buy @1290, T1:1291, T2:1292, T3:1293
    NT is filling the order and sets the target and the stop

    During the time the T1 and the T2 is filled, so I have an open position with one ES-Mini.

    If now the automatic system is sending a reverseOIF, the open contract is closing, and the 3 new contracts are open in the reverse-direction. I use in my reverseOIF an strategy-name, so I get 3 new contracts.

    Problem is, if all 3 contracts are closed (I get the 3 targets, or the stop is reached), I cant use in the automaitc system the reverse OIF, from NT I get "there is no position to reverse"

    What can I do, if the 3 targets / or stop / are reached and I havn´t open positions, the reversing OIF is not open the new direction.

    Any ideas?

    Torso

    #2
    imported post

    If you are not using V5, I would upgrade to V5, use the eSignal functions instead of writing .txt files, then use a function NTMarketPosition() to check if the position is flat. If it is flat, send a new order with new strategy, if not flat, send reverse command.

    Ray
    RayNinjaTrader Customer Service

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      #3
      imported post

      ok, I try it.


      Torso

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