only one ATM strategy should be active

[shankar.deshapande]

hi ,
i am trying to make only one ATM strategy is active with below code but what is happening is it places one order id and when it is executed agait it places one more order. but i don't want to create one more order until existing closes .can u please help me?

if (orderId.Length == 0 ) //Create order only one time
{

//To create ore
isAtmStrategyCreated = false; // reset atm strategy created check to false
atmStrategyId = GetAtmStrategyUniqueId();
orderId = GetAtmStrategyUniqueId();
AtmStrategyCreate(OrderAction.Buy, OrderType.Limit, (lstop+((entryOffsetPer*lstop)/100)), 0, TimeInForce.Day, orderId, ATM_TemplateName, atmStrategyId, (atmCallbackErrorCode, atmCallBackId) => {
//check that the atm strategy create did not result in error, and that the requested atm strategy matches the id in callback
if (atmCallbackErrorCode == ErrorCode.NoError && atmCallBackId == atmStrategyId)
isAtmStrategyCreated = true;
});
Print(string.Format("{0};{1}",Time[0],"New ATM Strategy created !!="+orderId.Length));

} else{ //Change entry order

Print("In change order -ATM Startegy already creaated -orderId="+orderId); // In market order type if ATM is executed it will place one more order with modifed price so this modify should not be used for market order only limit order it should be used
}

[NinjaTrader_ChrisL]

Hello, thanks for your post.

The best example to reference for ATM strategies is the "SampleAtmStrategy" that is in the platform by default. There we check orderId.Length == 0 and atmStrategyId.Length == 0 + (some condition) for the order entry. Then we check for:

atmStrategyId.Length > 0 && GetAtmStrategyMarketPosition(atmStrategyId) == Cbi.MarketPosition.Flat

This will reset the atmStrategyId when it has gone to a flat position in the market.

Please let me know if I can assist any further.

[shankar.deshapande]

Hi ,
I HAVE USED below code but still not working as expected .

if (orderId.Length == 0 ) //Create order only one time
{

//To create ore
isAtmStrategyCreated = false; // reset atm strategy created check to false
atmStrategyId = GetAtmStrategyUniqueId();
orderId = GetAtmStrategyUniqueId();
AtmStrategyCreate(OrderAction.Buy, OrderType.Limit, (lstop+((entryOffsetPer*lstop)/100)), 0, TimeInForce.Day, orderId, ATM_TemplateName, atmStrategyId, (atmCallbackErrorCode, atmCallBackId) => {
//check that the atm strategy create did not result in error, and that the requested atm strategy matches the id in callback
if (atmCallbackErrorCode == ErrorCode.NoError && atmCallBackId == atmStrategyId)
isAtmStrategyCreated = true;
});
Print(string.Format("{0};{1}",Time[0],"New ATM Strategy created !!="+orderId.Length));

} else{ //Change entry order
string[] entryOrder = GetAtmStrategyEntryOrderStatus(orderId);
Print(string.Format("{0};{1}",Time[0],"Current status of order="+entryOrder[2] ));
// checks if the entry order exists
// and the order state is not already cancelled/filled/rejected
if (entryOrder.Length > 0 && entryOrder[2] == "Working")
{
bool isEntryOrderExist = AtmStrategyChangeEntryOrder((lstop+((entryOffsetPe r*lstop)/100)),lstop-1,orderId);

if(!isEntryOrderExist){
AtmStrategyCancelEntryOrder(orderId);
orderId=string.Empty; // clear order id if it doesn't exist otherwise it will not place order contineously
}
} // If the order state is terminal, reset the order id value
if ((((GetAtmStrategyMarketPosition(atmStrategyId) == Cbi.MarketPosition.Flat) && entryOrder[2] != "Working"))|| entryOrder[2] == "Cancelled" || entryOrder[2] == "Rejected" )
{
atmStrategyId = String.Empty ;

orderId = string.Empty;
}

}

[NinjaTrader_ChrisL]

Hello, thanks for your reply.

I am sorry but I will not be able to review and debug your custom strategy code. Please take the SampleAtmStrategy as an examplar of proper use of an ATM strategy.

Best regards.

[shankar.deshapande]

i used that example only but it is not working as expected

[NinjaTrader_ChrisL]

Hello, thanks for your reply.

The SampleATMStrategy is working fine on my end. Could you please let me know exactly what is not working?

Best regards.

[shankar.deshapande]

Hi ,
I tested above code . It is creating ATM strategy first time when buy signal come and also modifies buy order. But when ones pending ATM strategy fiilled it again adds one more BUY order . But actually i want to avoid this as this will be contineous process. It will go on cumulative and adds many long positions.

Regards,
Shankar

[NinjaTrader_ChrisL]

Hello, thanks for your reply.

You will need to use Prints within your code to explain the behavior. Using prints is a good way to see data from your strategy to understand its output. You will be able to see things like, where the last print was and why the buy order happens more than once. This will let you implement stops like a simple boolean that can control the flow of the program.

https://ninjatrader.com/support/help...nt8/?print.htm

Please let me know if I can assist any further.