Identifying entry signal of current position

[dolomite]

My strategy uses multiple entry signals (e.g., Signal1, Signal2, etc.). I'd like to have different stoploss modifications for these entries (e.g., Signal1 stoploss modification, etc.), so when I have an existing position, I need to be able to determine which entry signal generated that position in order to apply the correct stoploss adjustment.

Is there an easy way to determine this within OnBarUpdate (i.e., without having to get into OnOrderUpdate)?

[NinjaTrader_PatrickH]

Hello dolomite,

Thank you for your post.

You would likely want to associate the Position.AvgPrice with the order that you submitted, that is if the two entries used different price levels. However, this is not exact - what if both orders fill at the same price? Plus if both orders fill and not at the same price level we would pull the average price of the two fills.

What are you trying to adjust? A SetStopLoss() or an Exit method?

[dolomite]

What are you trying to adjust? A SetStopLoss() or an Exit method?

SetStopLoss

So I'm something like . .

If [have an existing position from Signal1]
SetStopLoss("Signal1", CalculationMode.Price, some calculated price, false)

If [have an existing position from Signal2]
SetStopLoss("Signal2", CalculationMode.Price, some other calculated price, false)

[NinjaTrader_PatrickH]

Hello dolomite,

Thank you for your response.

Track the execution of the entry in OnExecution(), store the values of the fill price and/or track that a position is opened by a signalName. Then check these value sin OnBarUpdate().

For information on OnExecution() please visit the following link: http://www.ninjatrader.com/support/h...nexecution.htm

[dolomite]

Hello dolomite,

Thank you for your response.

Track the execution of the entry in OnExecution(), store the values of the fill price and/or track that a position is opened by a signalName. Then check these value sin OnBarUpdate().

For information on OnExecution() please visit the following link: http://www.ninjatrader.com/support/h...nexecution.htm

I was hoping to keep this simple and stay in OnBarUpdate, but if I must mess around with OnExecution, I guess I will.

What happens if I don't check to see which signal a position was created from, and simply execute the following:
SetStopLoss("Signal1", CalculationMode.Price, some calculated price, false)
SetStopLoss("Signal2", CalculationMode.Price, some other calculated price, false)

If there is no position created by Signal1 entry, will this throw an error?

[NinjaTrader_PatrickH]

Hello dolomite,

Thank you for your response.

It would generate a message in the log but should not affect the functionality of the other SetStopLoss().