double - variable - close stoploss

[tonynt]

Hello,

I have my stop eg

stop1=DonchianChannel(4).Upper[0];

SetStopLoss("S1", CalculationMode.Price, stop1, false);

What do I have to change for my shorts so that stoploss is only realized when CLOSE is above stop1 (and not when ask or bid is at stop-price)? As I use Renkos, this is important. Is it enough to set COBC=true?

Thanks
Tony

[NinjaTrader_Austin]

Tony, it is not possible to have a stop order that only executes at the close. Stops are designed to work only on bid/ask/last data and not by the close. The exchanges and other market players don't really care about bars, they only care about price.

[tonynt]

Thanks. This sounds logical and is what I thought. But saw this in a room. When this doesn´t work with stoploss they can do it maybe then with exitshort/long conditions?

[NinjaTrader_Austin]

Yes, that is most likely how they are doing it, or they are waiting for the bar to close and then submitting market orders right away to exit.