Maximum of 1 ATM strategy at a time

December 20th, 2020, 11:12 PM

I would like to limit the number of ATM orders to a maximum of 1 at a time (per chart and/or instrument). So if I have an active ATM in play, my system cannot trigger a second one. If there's a no code solution that would be great. If not, I would love to hear your take on it.

December 23rd, 2020, 08:01 AM

I haven't done too much coding with strats... but if I understand, you only want a trade to be taken if you are currently flat?

If that is the case... you could do something like:

Code

if (Position.MarketPosition == MarketPosition.Flat){
  //Then take a trade
}

REFERENCE

Maximum of 1 ATM strategy at a time

Discussion in NinjaTrader

Maximum of 1 ATM strategy at a time

I would like to limit the number of ATM orders to a maximum of 1 at a time (per chart and/or instrument). So if I have an active ATM in play, my system cannot trigger a second one. If there's a no code solution that would be great. If not, I would love to hear your take on it.

I haven't done too much coding with strats... but if I understand, you only want a trade to be taken if you are currently flat?

If that is the case... you could do something like:

Code

if (Position.MarketPosition == MarketPosition.Flat){ //Then take a trade }

REFERENCE

Maximum of 1 ATM strategy at a time

Discussion in NinjaTrader

Maximum of 1 ATM strategy at a time

I would like to limit the number of ATM orders to a maximum of 1 at a time (per chart and/or instrument). So if I have an active ATM in play, my system cannot trigger a second one. If there's a no code solution that would be great. If not, I would love to hear your take on it.

I haven't done too much coding with strats... but if I understand, you only want a trade to be taken if you are currently flat? If that is the case... you could do something like: Code if (Position.MarketPosition == MarketPosition.Flat){ //Then take a trade } REFERENCE

I haven't done too much coding with strats... but if I understand, you only want a trade to be taken if you are currently flat?

If that is the case... you could do something like:

Code

if (Position.MarketPosition == MarketPosition.Flat){ //Then take a trade }

REFERENCE