NinjaTrader 8 - Syncing Account Positions
Adopt Account position
This setting should be used if you would like your strategy to disregard the historical virtual Strategy Position and to start in the same position as the real-world Account Position.
On startup the strategy will begin executing orders immediately.
• Any active orders on the account previously generated by the strategy that does not match* an active strategy order will be cancelled. Should the strategy be unable to cancel and receive confirmation on the cancellation of these orders within 40 seconds the strategy will not start and an alert will be issued.
• The matching active orders on the account will then be mapped to the active strategy orders
• Any remaining active strategy orders that cannot be successfully paired will be submitted live and the strategy will then try to sync your Account Position to your Strategy Position through the process below.
• Only one strategy with this setting can be started at a time for an individual account and instrument.
• The account and instrument the strategy is started on must not have any working orders which were submitted outside of the strategy. If an order is detected, the strategy can not be started until these orders have been manually managed.
What is required is an option to allow - Adoption of Any Current Orders and Position
>>All working orders - do not cancel them - add them into the Realtime Orders Collection
>> Position - adopt show the real world position
You solution above is only useful for restarting a strategy which can be reconciled...
This is a very bad limitation for those of use who assist and consult for commercial funds for example - or for more swing trading types of traders....
this is a very bad Achilles heal for the software - no where i can think of would one find this functionality being enforced - thus preventing certain trading approaches and SAFETY and complications... :-)
If this function is not added - this means other bespoke technology would have to be used to substitute NT8 for trading.... in other words NT8 would have to be in sim mode and an External fix engine would be used for the actual message and execution to avoid cancellations of working orders - so avoid NT8 cancelling orders or not starting... due to events such as a server has been cleaned down and restarted - or another node used instead - or yes external orders have been added by a system or person...
or even worse as purist we will have to resort to an indicator or addon based trade manager approach would be used to intercept stragegy order/signals and execute them and manage them as an indicator wont do unwanted actions such as cancelling vital working orders on an account...
imagine the scenario whereby a group of traders submit and approve.reject orders and want a generic system to monitor and control orders and positions while giving them freedom to work from any client with nt8 or other nt7 etc...
Please add this so we can make NT8 our flagship AT product or we will not be able to use it and will have to resort to Fix Engine solutions... that use a hybrid of NT8 in Sim for signals and external systems live - thus NT8 will then lose our on round turns etc or
failing that please provide an example of using an Addon to do the job of a strategy managing trades etc - which is duplicating function.
>>This is an extremely easy and simple change and will make NT8 extremely useful -even more. Its very alarming to see this is not being provided - instead some halfway house which i am not sure is good for anything other than a strategy restart - with persisted context...
The professional trading scenario is
1. Do not look for a persisted state- look for the real world state and adopt it - do not assume and try to change it....ever unless some business rules or validation process is in force...
2. Allow multiple Strategies across 1 or more versions of NT8 other platforms to start up in this mode and access and control - we have expert systems which control which strategy might be used at any given moment controlled by an AI tree - and certainly built this in NT8 but cannot now use it due to these types of restriction - we need to start and stop any number of strategies and yes access/ communicate all about the same account and instrument....
The caveat of this lack of feature is currently we are not able to use the tech for many clients due to this constraint - retail and commercial.
i will also send this via email - please consider this so we can migrate our systems in use by funds to NT8 if not we cannot justify it as it doesn't fit the bill...
You are advertising TRADE LIKE A PRO - ok so please allow us to do so with this wonderful platform to make sure it really is the leading platform of the FUTURES ;-)
thank you
Tom
MicroTrends
[email protected]
Adopt Account position
This setting should be used if you would like your strategy to disregard the historical virtual Strategy Position and to start in the same position as the real-world Account Position.
On startup the strategy will begin executing orders immediately.
• Any active orders on the account previously generated by the strategy that does not match* an active strategy order will be cancelled. Should the strategy be unable to cancel and receive confirmation on the cancellation of these orders within 40 seconds the strategy will not start and an alert will be issued.
• The matching active orders on the account will then be mapped to the active strategy orders
• Any remaining active strategy orders that cannot be successfully paired will be submitted live and the strategy will then try to sync your Account Position to your Strategy Position through the process below.
• Only one strategy with this setting can be started at a time for an individual account and instrument.
• The account and instrument the strategy is started on must not have any working orders which were submitted outside of the strategy. If an order is detected, the strategy can not be started until these orders have been manually managed.
What is required is an option to allow - Adoption of Any Current Orders and Position
>>All working orders - do not cancel them - add them into the Realtime Orders Collection
>> Position - adopt show the real world position
- ...do not cancel anything..
- just start up.....
- allow any number of strategies on the same NT8 instance to start on the same instrument and account... :-)
You solution above is only useful for restarting a strategy which can be reconciled...
This is a very bad limitation for those of use who assist and consult for commercial funds for example - or for more swing trading types of traders....
this is a very bad Achilles heal for the software - no where i can think of would one find this functionality being enforced - thus preventing certain trading approaches and SAFETY and complications... :-)
If this function is not added - this means other bespoke technology would have to be used to substitute NT8 for trading.... in other words NT8 would have to be in sim mode and an External fix engine would be used for the actual message and execution to avoid cancellations of working orders - so avoid NT8 cancelling orders or not starting... due to events such as a server has been cleaned down and restarted - or another node used instead - or yes external orders have been added by a system or person...
or even worse as purist we will have to resort to an indicator or addon based trade manager approach would be used to intercept stragegy order/signals and execute them and manage them as an indicator wont do unwanted actions such as cancelling vital working orders on an account...
imagine the scenario whereby a group of traders submit and approve.reject orders and want a generic system to monitor and control orders and positions while giving them freedom to work from any client with nt8 or other nt7 etc...
Please add this so we can make NT8 our flagship AT product or we will not be able to use it and will have to resort to Fix Engine solutions... that use a hybrid of NT8 in Sim for signals and external systems live - thus NT8 will then lose our on round turns etc or
failing that please provide an example of using an Addon to do the job of a strategy managing trades etc - which is duplicating function.
>>This is an extremely easy and simple change and will make NT8 extremely useful -even more. Its very alarming to see this is not being provided - instead some halfway house which i am not sure is good for anything other than a strategy restart - with persisted context...
The professional trading scenario is
1. Do not look for a persisted state- look for the real world state and adopt it - do not assume and try to change it....ever unless some business rules or validation process is in force...
2. Allow multiple Strategies across 1 or more versions of NT8 other platforms to start up in this mode and access and control - we have expert systems which control which strategy might be used at any given moment controlled by an AI tree - and certainly built this in NT8 but cannot now use it due to these types of restriction - we need to start and stop any number of strategies and yes access/ communicate all about the same account and instrument....
The caveat of this lack of feature is currently we are not able to use the tech for many clients due to this constraint - retail and commercial.
i will also send this via email - please consider this so we can migrate our systems in use by funds to NT8 if not we cannot justify it as it doesn't fit the bill...
You are advertising TRADE LIKE A PRO - ok so please allow us to do so with this wonderful platform to make sure it really is the leading platform of the FUTURES ;-)
thank you
Tom
MicroTrends
[email protected]
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