Change limit price in Exit our Long Limit order

[elechim]

Hello,

I'm programming a strategy with managed approach order. I want to know if I can change the limit price in a ExitLongLimit () or ExitShortLimit () order if there isn't filled.

Can anyone give me some advice?

Thanks,

[NinjaTrader_RyanM1]

Hello elechim,

Yes, you can change the limit price. If you resubmit the order with all parameters identical except price, the order is modified.

[elechim]

Hi Rayan,
Thank you for your quick answer.

If I have well understood I can do something like that:

First entry:

myExtitOrderSHORT = ExitShortLimit(order.LimitPrice - profitTarget * TickSize,
"ExitSHORT", "Entra SHORT");

Modification:


myExtitOrderSHORT = ExitShortLimit(priceEntrySHORT - profitTarget * TickSize / 2,
"ExitSHORT", "Entra SHORT");

Is that correct?

Bye,

Michel

[NinjaTrader_RyanM1]

Yes, that will work for order price modification. The main thing to watch out for is that you're still not resubmitting the original price at the same time.