Stop order problem

[maninjapan]

This has probably been covered before, if so if you could jsut direct me to the appropriate thread.
I am testing a breakout system using stop order entries. The problem Im having is sometimes the price is already above the stop price before my order goes in, I would expect it then to just enter as a market order, but instead it gets rejected and shuts down. Is there any way around this?

Thanks

[NinjaTrader_JoshP]

maninjapan,

You should check for appropriate valid prices before submission. Unfortunately submitting a stop order at an invalid price does lead to rejections at the exchange and there is no way around that.

[maninjapan]

Is there any example of how to do this?
Ideally, I would like it to enter @ market if the order price is 'Invalid'.

Thanks

[NinjaTrader_JoshP]

You just have to check the stop price you are submitting at versus the currently traded price. If it is invalid, submit as a market order instead of a stop order. You will not be able to submit stop orders at invalid prices.

[maninjapan]

thanks, I understand what I need to do now, but an example would be extremely helpful if there was an example of some description as I am new to chartscripts and dont really know how I would go about this.

Thanks,

[NinjaTrader_JoshP]

if (some trade conditions)
{
     if (Close[0] > stopPrice)
          EnterLong();
     else
          EnterLongStop(...);
}

[maninjapan]

Thanks Josh, Ill give it a go