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Breakeven -(certain ticks) treated as loss


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  #1 (permalink)
 rsmann123 
Cincinnati, OH
 
Experience: Intermediate
Platform: NinjaTrader
Broker: CQG/Ibrokers
Trading: 6E/CL
Posts: 4 since Jan 2010
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I have written a simple strategy and am trying to guage its performance over short term and long term. The strategy takes first contract off at +10 ticks and then puts a breakeven stop on the second contract at -8 ticks.

I have 2 issues here:

1. When I see the trade summary, Ninjatrader counts 2 contracts as 2 trades, eventhough they were entered as part of the same trade. Is there a way to change the behavior so it is taken as 1 trade?
2. In the summary tab, the number of losing trades count the breakeven stoploss as a losing trade. I would like to know if there is a way to configure/change the trade to be considered as either a neutral or a profitable trade.

That way I can know the actual percent profitability over a longer period while backtesting.

Thanks in advance.
Randy

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  #2 (permalink)
 
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 Big Mike 
Manta, Ecuador
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It's been a while... going from memory here...

1. There is a "group" option in the reports somewhere, like "Group Trades" checkbox.

2. 0 tick gains are always losers, because of commissions and the cost of entry/exit. Just change your NT to calculate commissions, which is a must anyway, and also be sure to add 1 tick slippage on entries, and then it will make more sense

Mike




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Last Updated on September 29, 2011


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