Follower position inverted to a different side (opposite direction)

Initial Steps

An inverted position can occur when the market fills the leader's entry limit order and does not fill the follower's entry orders (copied from the leader), causing the leader's exit orders to be copied to the follower's accounts after submission due to position creation. When this happens, the exit orders may be filled before the entry order on the follower side, creating an unwanted position.

To prevent this type of situation we have two features in Replikanto that you can use, one of them is ATM Copy, which uses NinjaTrader's ATM Strategy to manage the follower's exit orders instead of copying them from the leader account. This is useful if you're using an ATM Strategy in the trades of the leader account, trades that is placed on the NinjaTrader Desktop. The other alternative is to use the Follower Guard feature, which is designed to protect follower accounts and has an action that, when enabled, will close the position in the follower account if it becomes inverted (opposite direction).

Extra Steps

You may find it helpful to use the Copy Market Orders (Executions) only Replikanto feature, which allows you to copy only the executions to followers, this will greatly reduce the likelihood of follower positions being in the opposite direction. For more information, we invite you to view this informative video: https://youtu.be/WZ5rmeAuxZE