Long and Short orders interrupting each other... why?

[Oracletrades]

Hi there, I've got a problem I can't seem to get my head around.
I have a strategy that I built with the builder and the compiled to be able to make manual modifications...

However the problem is that the the long and short orders cancel each other out. So while a long position is open, a short position gets opened, canceling the long position. What I'd like is for each trade to COMPLETE in line with the TP and SL conditions.
Any suggestion please? I've tried using the unrealized profit loss criterion but it's completely ignored. This is really weird and usually I don't have that issue, so maybe I messed up something

Thanks!

Calculate = Calculate.OnEachTick;
EntriesPerDirection = 1;
EntryHandling = EntryHandling.AllEntries;
IsExitOnSessionCloseStrategy = true;
ExitOnSessionCloseSeconds = 30;
IsFillLimitOnTouch = false;
MaximumBarsLookBack = MaximumBarsLookBack.TwoHundredFiftySix;
OrderFillResolution = OrderFillResolution.Standard;
Slippage = 0;
StartBehavior = StartBehavior.WaitUntilFlat;
TimeInForce = TimeInForce.Gtc;
TraceOrders = true;
RealtimeErrorHandling = RealtimeErrorHandling.IgnoreAllErrors;
StopTargetHandling = StopTargetHandling.PerEntryExecution;
BarsRequiredToTrade = 20;

protected override void OnBarUpdate()
{
if (BarsInProgress != 0)
return;

if (State == State.Historical)
return;

if (CurrentBars[0] < 1)
return;

// Set 1
if ((CrossAbove(RelativeVigorIndex1.Default, RelativeVigorIndex2.Signal, 1))
&& BarsSinceExitExecution() > 2 || BarsSinceExitExecution() == -1
&& (Position.GetUnrealizedProfitLoss(PerformanceUnit. Currency, Close[0]) == 0)
// TradingHours
&& (Times[0][0].TimeOfDay <= new TimeSpan(20, 0, 0)
&& (Times[0][0].TimeOfDay >= new TimeSpan(2, 0, 0))
&& (GetCurrentAsk(0) > SMA1[0])))
{
EnterLong(Convert.ToInt32(DefaultQuantity), @"golong");
}

// Set 2
if ((CrossBelow(RelativeVigorIndex3.Default, RelativeVigorIndex4.Signal, 1))
&& BarsSinceExitExecution() > 2 || BarsSinceExitExecution() == -1
&& (Position.GetUnrealizedProfitLoss(PerformanceUnit. Currency, Close[0]) == 0)
// TradingHours
&& (Times[0][0].TimeOfDay <= new TimeSpan(20, 0, 0)
&& (Times[0][0].TimeOfDay >= new TimeSpan(2, 0, 0))
&& (GetCurrentAsk(0) < SMA2[0])))
{
EnterShort(Convert.ToInt32(DefaultQuantity), @"goshort");
}

}

[tommyj]

I don't believe you can be both long and short the same instrument at the same time. Which is why one closes when the other is triggered

[NinjaTrader_ChelseaB]

Hello Oracletrades,

This correct, a strategy cannot have two positions and cannot be long and short at the same time.

Calling EnterShort when in a long position will close the position and enter a short position. Calling EnterLong when in a short position will close the position and enter a long position.

I recommend using two accounts with the strategy logic separated in two strategies that take opposite positions on each account if this is your goal.
https://ninjatrader.com/support/foru...660#post792660

Regarding placing orders in opposite directions at the same time to bracket the market, this is not possible with the managed approach used by the Strategy Builder.
Bracking the market would require an unmanaged script using SubmitOrderUnmanaged to place the orders.
Below is a link to an example.
https://ninjatrader.com/support/foru...579#post770579

[Oracletrades]

Thanks but all I wanted is to have the open trade stay open, even if there are other signals to open a short trade when I'm long... So not as complex as you suggest, just want to have an open position stay open and continue... Isn't there code to say "wait while another trade is open"?

[NinjaTrader_ChelseaB]

Hello Oracletrades,

With the managed approach It would depend on what orders are already working and whether a position is open.

Below is a link to the help guide on the internal order handling rules.

https://ninjatrader.com/support/helpGuides/nt8/index.html?managed_approach.htm#InternalOrderHandlingRulesThatReduceUnwantedPositions

Use TraceOrders in the NinjaScript Output window to see when orders are ignored due to the internal order handling rules (or ignored for other reasons like not using isLiveUntilCancelled as true).

https://ninjatrader.com/support/helpGuides/nt8/traceorders.htm

Your logic would decide when orders are placed. If you do not want to submit orders when a position is open, require in the conditions of your logic for the Position.MarketPosition to be MarketPosition.Flat.

https://ninjatrader.com/support/helpGuides/nt8/onpositionupdate.htm

The unmanaged approach would allow you place any orders you wanted in any direction at any time.

[Oracletrades]

Thanks, this here is what I was looking for:

Your logic would decide when orders are placed. If you do not want to submit orders when a position is open, require in the conditions of your logic for the Position.MarketPosition to be MarketPosition.Flat.
https://ninjatrader.com/support/help...tionupdate.htm