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01-29-2009, 07:46 AM
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#1 |
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Junior Member
Join Date: Apr 2005
Location: , ,
Posts: 15
Thanks: 0
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AvgEntryPrice() question
I just need to verify something:
The Average Entry Price for a specific product is reset every time a position is closed (flattened)? In other words, when I retrieve the AvgEntryPrice, I'm not getting the average entry price over the entire day (session), correct? For example, if I open a position in stock XYZ in the moring, buy 100 shares at $10, and then close (flatten) the XYZ position, my AvgEntryPrice for that trade equals 10. If in the afternoon I open a new position in XYZ and buy at a price of $20, my AvgEntryPrice should be 20, not 15 ((10+20)/2). Is that correct? So there is no carry over of entry prices? I'm pretty sure that is how it works, but I need to double check. Thanks for your help. |
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01-29-2009, 08:23 AM
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#2 |
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NinjaTrader Product Manager
Join Date: May 2007
Location: Denver, CO
Posts: 17,458
Thanks: 1
Thanked 106 times in 70 posts
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It resets for every new position.
Josh
NinjaTrader Customer Service |
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