OnExecution stopOrder

[zachj]

If I previously had..
SetStopLoss(CalculationMode.Percent, stoppercent);

how do I fit this into the stopOrder below. Something like this maybe?...

stopOrder = ExitLongStop(0, true, execution.Order.Filled, execution.Order.AvgFillPrice - execution.Order.AvgFillPrice * stoppercent, "", "");

[NinjaTrader_PatrickH]

Hello zachj,

Thank you for your post.

It should be the following for the ExitLongStop():

stopOrder = ExitLongStop(0, true, execution.Order.Filled, ((execution.Order.AvgFillPrice) * (1 + stoppercent)), "", "");

Please let me know if you have any questions.

[zachj]

Wait wouldn't it actually be just execution.Order.AvgFillPrice * stoppercent?

If fill price is say $50 and stoppercent is .01 that would be a 50cent stop.

If I did this... ((execution.Order.AvgFillPrice) * (1 + stoppercent)) that's 50*1+.01 = 50.5? Doesn't make sense or am I misinterpreting that.

[NinjaTrader_PatrickH]

Hello zachj,

Thank you for your response.

My mistake on that part, with the Long Stop the stoppercent would need to be a negative number.

So taking your example if would be the following:
stopOrder = ExitLongStop(0, true, execution.Order.Filled, ((execution.Order.AvgFillPrice) * (1 + -0.01)), "", "");