Starting and stopping a strategy

dpaulw · 12-08-2008, 07:22 AM

I have my strategy stopping at specified profit targets or loss. Is there a way to have the strategy restart the next day via another strategy that will run it at the beginning of the day?

NinjaTrader_Ben · 12-08-2008, 07:50 AM

Hello,

The strategies cannot communicate with each other so this is not possible.

However you can control when your strategy runs. This link shows an example of how to do this:
http://www.ninjatrader-support2.com/...ead.php?t=3226

Please note that it is not advisable to run your strategies unattended.

Because you are using money management to determine when to run you strategy, you will also find these links helpful:
http://www.ninjatrader-support2.com/...ead.php?t=4804
http://www.ninjatrader-support2.com/...ead.php?t=4084

They show the different techniques in using PnL for money management for the current day. The PnL resets itself each new session.

dpaulw · 12-08-2008, 08:00 AM

Yes, you must monitor them closely, but when testing via sim acct. I would like to have it completely auto. That way it can run on days I might not be home to start it. Thanks for the links to check out.

NinjaTrader_Ben · 12-08-2008, 08:04 AM

Hello,

Running the strategy unattended is not advisable.

Jesse · 12-09-2008, 07:04 AM

Hi, I would like to test a created strategy by day (not with backtest!). It shall simulate automated live-trading but it does not work. I started the NT, connected to Zen-Fire, and started the strategy and at the end of the day there were no trades. I checked the same day in "backtest" function and there were some trades.
Can anyone tell me why the strategy only work in "backtest" and not in live-trading?!

(By the way I use a demo account on NT.)

NinjaTrader_Ben · 12-09-2008, 07:17 AM

Hello,

This could happen for a lot of reasons.

- Backtesting is different from forward testing. This link explains why:
http://www.ninjatrader-support.com/H...sBacktest.html
Therefore your signal to trade may happen in backtesting but not in your forward testing.

- Test the forward testing with SampleMACrossOver to see if any strategies will work.

- If neither of these helped please debug you system. This link may help:
http://www.ninjatrader-support2.com/...ead.php?t=3418

If you need help, post some code and ask us questions and we can assist you.

Jesse · 12-09-2008, 08:09 AM

Now it is working.

Thanks a lot, Ben.

12-08-2008, 07:22 AM	#1
dpaulw Junior Member Join Date: Nov 2008 Posts: 20 Thanks: 0 Thanked 0 times in 0 posts	Starting and stopping a strategy I have my strategy stopping at specified profit targets or loss. Is there a way to have the strategy restart the next day via another strategy that will run it at the beginning of the day?
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12-08-2008, 07:50 AM	#2
NinjaTrader_Ben NinjaTrader Customer Service Join Date: May 2008 Location: Denver, CO Posts: 3,157 Thanks: 0 Thanked 3 times in 3 posts	Hello, The strategies cannot communicate with each other so this is not possible. However you can control when your strategy runs. This link shows an example of how to do this: http://www.ninjatrader-support2.com/...ead.php?t=3226 Please note that it is not advisable to run your strategies unattended. Because you are using money management to determine when to run you strategy, you will also find these links helpful: http://www.ninjatrader-support2.com/...ead.php?t=4804 http://www.ninjatrader-support2.com/...ead.php?t=4084 They show the different techniques in using PnL for money management for the current day. The PnL resets itself each new session. Ben NinjaTrader Customer Service Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
	Facebook Twitter YouTube

12-08-2008, 08:00 AM	#3
dpaulw Junior Member Join Date: Nov 2008 Posts: 20 Thanks: 0 Thanked 0 times in 0 posts	Thanks Yes, you must monitor them closely, but when testing via sim acct. I would like to have it completely auto. That way it can run on days I might not be home to start it. Thanks for the links to check out.
	Facebook Twitter YouTube

12-08-2008, 08:04 AM	#4
NinjaTrader_Ben NinjaTrader Customer Service Join Date: May 2008 Location: Denver, CO Posts: 3,157 Thanks: 0 Thanked 3 times in 3 posts	Hello, Running the strategy unattended is not advisable. Ben NinjaTrader Customer Service Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
	Facebook Twitter YouTube

12-09-2008, 07:04 AM	#5
Jesse Junior Member Join Date: Dec 2008 Posts: 8 Thanks: 0 Thanked 0 times in 0 posts	automated trading by day Hi, I would like to test a created strategy by day (not with backtest!). It shall simulate automated live-trading but it does not work. I started the NT, connected to Zen-Fire, and started the strategy and at the end of the day there were no trades. I checked the same day in "backtest" function and there were some trades. Can anyone tell me why the strategy only work in "backtest" and not in live-trading?! (By the way I use a demo account on NT.)
	Facebook Twitter YouTube

12-09-2008, 07:17 AM	#6
NinjaTrader_Ben NinjaTrader Customer Service Join Date: May 2008 Location: Denver, CO Posts: 3,157 Thanks: 0 Thanked 3 times in 3 posts	Hello, This could happen for a lot of reasons. - Backtesting is different from forward testing. This link explains why: http://www.ninjatrader-support.com/H...sBacktest.html Therefore your signal to trade may happen in backtesting but not in your forward testing. - Test the forward testing with SampleMACrossOver to see if any strategies will work. - If neither of these helped please debug you system. This link may help: http://www.ninjatrader-support2.com/...ead.php?t=3418 If you need help, post some code and ask us questions and we can assist you. Ben NinjaTrader Customer Service Use Kinetick, NinjaTrader’s preferred market data service - Learn More Free online training events - View Schedule
	Facebook Twitter YouTube

12-09-2008, 08:09 AM	#7
Jesse Junior Member Join Date: Dec 2008 Posts: 8 Thanks: 0 Thanked 0 times in 0 posts	Now it is working. Thanks a lot, Ben.
	Facebook Twitter YouTube

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