Condition builder help

[shambo]

Does anyone have pointers on how I can achieve this? I've looked at Help/Videos.

Buy at market opening 1st minute bar price +20 pts and simultaneously have a one cancels other order(OCO) to sell at 1st minute opening bar -20pts?

[shambo]

Condition builder help

I've managed this:

Set Variable0 to Open Price of Opening Time bar + Price 20
Set Enter Long with Stop/Limit when bar Close Price == Variable0

Set Variable1 to Open Price of Opening Time bar - Price 20
Set Enter Short with Stop/Limit when bar Close Price == Variable1


How do I get one trade to cancel the other when it triggers?
I'm looking at 'Order methods' in Help File.

[shambo]

Condition builder help

This might work I'm thinking(need to test):

When Variable0 matches price and Long position is triggered then set Variable1 to 0 so it can never match Price on future bars until it moves to next day and resets/initialises again at Opening Time.

[NinjaTrader_RyanM1]

Hello Shambo,

Welcome to our forums.

The main difficulty here is that you'll be running into NinjaTrader's internal order handling rules.

http://www.ninjatrader-support.com/HelpGuideV6/Overview36.html

Methods that generate orders (excluding market orders) to enter a position will be ignored if:

• A position is open and an order submitted by an exit method (ExitLongLimit() for example) is active and the order is used to open a position in the opposite direction
• A position is open and an order submitted by a set method (SetStopLoss() for example) is active and the order is used to open a position in the opposite direction
• The strategy position is flat and an order submitted by an enter method (EnterLongLimit() for example) is active and the order is used to open a position in the opposite direction

These rules can be turned off in our next version 7 but right now this is the main thing preventing your idea. A common workaround is monitoring the marketprice and placing then one order only at breakout time.

OCO functionality can be achieved by working with IOrder objects and checking order states.

http://www.ninjatrader-support.com/HelpGuideV6/IOrder.html