Starting a strategy in middle of session

[dtf139]

How do I start a strategy in the middle of a session/day and get it to execute without regards to what my position would be if I had started the strategy at the beginning of the day?

I have read this post already.
http://www.ninjatrader-support.com/v...trategy+middle

[NinjaTrader_Ray]

Not sure what you mean by this. Could you elaborate?

[dtf139]

Market has been open for 3 hours but I do not have any open positions because I just turned my computer on after sleeping in late. I start my automated strategy hoping to take advantage of the gigantic uptrending day. After 5 minutes my strategy parameters are met and a buy should be triggered but, no order is placed because the strategy position is already long a imaginary/simulated position from earlier in the morning.
How do I get njt to ignore or disregard that earlier simulated trigger.

[NinjaTrader_Ray]

You would need to programatically change your code in the first line of OnBarUpdate()

if (Historical)
return;;

This will only then run on real-time data.

[dtf139]

I'm confused as to what "Immediately submit live working historical orders" accomplishes. I've read the explanation in the help guide a bunch of times and it seems like having that option selected would address my problem. Of course, I have it selected and it ain't

[NinjaTrader_Ray]

It means as you start a strategy, it will calculate its current position and order state. If there are working orders it will convert these to live orders.

[dtf139]

Originally Posted by NinjaTrader_Ray

It means as you start a strategy, it will calculate its current position and order state. If there are working orders it will convert these to live orders.

I'm sorry but I still dont understand what that translates to a non-programmer. What exactly is a "working order"?

[dtf139]

What's really throwing me for a loop is that the other option is "wait until flat before executing live" The description given in the manual seems self explanatory in that the strategy has to have no open positions before it can execute any additional orders. So... since "immediately submit live working orders" is the alternative selection, it should not wait until the strategy is flat, it should go ahead and execute any orders the strategy triggers?

[Pete S]

dtf139: This area really drove me nuts when I first started using NT. In essence, regardless of how you have that option set, NT is not going to place any "real" orders when catching up on historical data after you start your strategy. What it will do, however, is adjust its own internal position so that it thinks it is long or short depending on the value of that option. I gave a few other comments after figuring out how to handle it in my own strategies here: http://www.ninjatrader-support.com/v...ead.php?t=4062

[NinjaTrader_Ray]

When you run your strategy live -

- It will run a backtest on historical data
- On the current bar (right most bar on a chart) your strategy may be in a position and your strategy may have a stop and target to protect the position (for example)

"Immediately submit live" would submit (convert) these orders into live orders

"Wait until flat" will let the strategy play out in virtual simulation (just like a backtest) until flat before executing any live orders

[dtf139]

Okay! Thanks Ray, Pete. I finally got my head around it.

[dtf139]

Could someone post a screen shot or describe in detail how to use "historical" in conjunction with OnBarUpdate? I'm not a programmer and dont have a clue as to the correct syntax and where exactly to place it in the line of code.

thanks!

[NinjaTrader_Josh]

if (Historical)
     return;

You would put this at the very beginning of your OnBarUpdate() method if you wish to not process your code if the data is historical.

[dtf139]

when you say "beginning" do you mean directly after OnBarUpdate on the same line, or on the next line down? Before or after the other lines of code that are in my strategy?

[NinjaTrader_Josh]

Right after the bracket.