newb questions regarding entry orders

[WeToddDid]

Hello,

I am pretty new to coding. I started to learn easylanguage and I was a little supprised at its limitations with respect to entry orders. It is my understanding that to enter an order you basically have enter on the next bar or use the intrabarordergeneration code that has a host of problems. Does Ninja have the same or similar limitations?

I am trying to code a system in which I want the entry order to be at a specific price. The order will be a limit order. For example, if the system generated a long, the entry would be a limit order above the current price. The entry price is determined from historical price data and will automically adjust according to historical price action.

Is this possible?

Thanks,
WeToddDid

[NinjaTrader_RyanM1]

Hello WeToddDid,

Welcome to the NinjaTrader forums. The timing of orders depends on if you're submitting historically like in a backtest, or if running real time with CalculateOnBarClose = false.

In real time, you can submit orders as soon as the condition is true and can be evaluated tick by tick when COBC = false.

In backtest the timing is always condition evaluate true > order submitted to next bar, although you can code for intrabar granularity by adding a smaller series.