How to close 1 quantity from 2 in position?

[Yevhenii]

I have entry order quantity equal 2. How to close 1 quantity in specific time ( for example after 10 positive ticks ) than continue position and close next quantity after ( for example ) 20 positive ticks?

[NinjaTrader_AlanP]

Hello Yevhenii,

Thank you for your note.

To be able to scale out of a position I would suggest using two different entry signal names and when applying the strategy, setting Entry Handling under Order Handling to Unique Entries. This allows your strategy to enter entry trades which are uniquely named.

For additional information on unique entries, please see EntriesPerDirectoin section of our helpguide,

http://ninjatrader.com/support/helpGuides/nt7/?entriesperdirection.htm

So if you using the Strategy Builder, when you designate your strategy action, for example Enter Long Position, you’ll want to assign a Signal Name.

I’ve provided an example strategy put together in the strategy wizard which breaks an entry into 2 separate orders, and assigns a profit target of 10 ticks to the first entry and 20 ticks to the second entry. See Attached Strategy.

An alternative method to accomplish what you’re looking to do could be achieved using the Unmanaged Approach, which is reserved for experienced programmers. Note the strategy builder example uses the managed approach.

For more information on the unmanaged approach please see our helpguide,

http://ninjatrader.com/support/helpGuides/nt7/?unmanaged_approach.htm

Please let us know if you need further assistance.