OnPositionUpdate and EnterLong/EnterShort

[MicroTrends]

Usage setting stops/targets during OnPositionUpdate and position Flat

If the position was short and EnterLong is called the position is closed first
then a long entered -

Will the OnPositionUpdate fire during EnterLong or afterwards?

[NinjaTrader_Bertrand]

MicroTrends, if you reverse, first the EnterLong() would be called and then you'd see two OnPositionUpdates(), one for getting flat (Close Position), the next for long.

[MicroTrends]

In terms of flow the event fires after the EnterLong has completed

thank you

[NinjaTrader_Bertrand]

Yes, this is correct.

[MicroTrends]

I believe the best place to reset the stop is when flat onOrderUpdate - OrderState.PendingSubmit

I will test with that.

Thank your for your help :-)