thanks
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NinjaTrader
Entering a position at a certain price or better only
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Hello kenb2004,
Thank you for your post.
To submit an order at a price or better you will want to use a Stop Limit Order.
For information on the Order Methods available in NinjaScript please visit the following link: http://www.ninjatrader.com/support/h...er_methods.htm
For a definition on Stop Limit Orders please visit the following link: http://www.investopedia.com/terms/s/...#axzz1tmQ0h7eV
Please let me know if I may be of further assistance.
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In my strategy a true condition can result when the current price, let say for a buy, can be Either higher or lower than the EntryPrice generated by the true condition. In that case the Stop Limit Order would only work for if the current price was higher than the EntryPrice generated by the true condition. I've tried using Limit Orders but NinjaTrader enters at the EntryPrice even if the price doesn't exist on the current bar (instead of "better").
If I try to use Stop Limit Orders then half the time NinjaTrader throws out an error and ignores my EntryOrder because the current price was below the Stop Limit Order price. So, does that mean I have to have 2 condtions, one for current price above EntryPrice and another condition for current price below Entry Price?
Thanks
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