How to perform an action on the stop loss

[xmms1]

I want to make ninjatrader to perform an action when the stop loss is reached. Is there any way to do that?

[NinjaTrader_JoshP]

xmms1,

When the stop loss is reached your position is closed. You can just run off of your position being closed with a check on your position quantity or direction and then continuing from there.

if (Position.MarketPosition == MarketPosition.Flat)
     // do something;

You have to be sure to consider that such a condition is true any time you are flat.

[xmms1]

But this performs even if I don't have any position yet. Are there any events such as OnStopLoss Do_something ?

[NinjaTrader_JoshP]

xmms1,

If you want an event you should look at OnOrderUpdate() or OnExecution() and respond accordingly when you receive one from your stop loss.