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Changing position size with managed orders

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    Changing position size with managed orders

    Let's say I have strategy logic that is going to ask for a position between zero and +5 contracts. Is it possible via managed orders to move between say a position of +3 and +4 contracts via a market order? If so, how is it done? Some variation of EnterLong()? And will automatically placed stops created via SetStopLoss update to the new position size?

    #2
    Hello The Big D,

    Are you trying to scale into a position?
    If so, you should use separate orders for each quantity set.
    If you wanted to scale in to a position of 9, 3 contracts at a time, then use 3 orders with a quantity of 3 each.

    Are you asking if you place a market order when a position is already open?
    Yes, you can do that, you would need to ensure the EntriesPerDirection is high enough to allow the orders.
    Chelsea B.NinjaTrader Customer Service

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