Strategy not working properly

[richbois]

HI and Thank you in advance for your help

Using the SampleATMStrategy as the base

I am trying to get this Strategy to work but there is a small issue that i just cant see

I want that after the bar is complete a BUY order is triggered 2 Ticks above the high of the bar and a Sell order 2 Ticks below the bar

This seem to just trigger both immediatly at the current price

It must be simple but i just cant see it

// Submits an entry limit order at the current low price to initiate an ATM Strategy if both order id and strategy id are in a reset state
// **** YOU MUST HAVE AN ATM STRATEGY TEMPLATE NAMED 'AtmStrategyTemplate' CREATED IN NINJATRADER (SUPERDOM FOR EXAMPLE) FOR THIS TO WORK ****
if (orderIdS.Length == 0 && atmStrategyIdS.Length == 0 )

{
atmStrategyIdS = GetAtmStrategyUniqueId();
orderIdS = GetAtmStrategyUniqueId();
AtmStrategyCreate(Cbi.OrderAction.Sell, OrderType.Limit, Low[0] + 2 * TickSize, 0, TimeInForce.Day, orderIdS, "TF3", atmStrategyIdS);
}
if (orderIdB.Length == 0 && atmStrategyIdB.Length == 0 )

{
atmStrategyIdB = GetAtmStrategyUniqueId();
orderIdB = GetAtmStrategyUniqueId();
AtmStrategyCreate(Cbi.OrderAction.Buy, OrderType.Limit, High[0] + 2 * TickSize, 0, TimeInForce.Day, orderIdB, "TF3", atmStrategyIdB);
}

[NinjaTrader_RyanM1]

Hi richbois,

For this scenario you'll want to use stop orders instead of limit orders. A buy limit order above the last traded price is marketable and will be filled at current market prices.

[richbois]

I tried that but then nothing gets triggered

// Submits an entry limit order at the current low price to initiate an ATM Strategy if both order id and strategy id are in a reset state
// **** YOU MUST HAVE AN ATM STRATEGY TEMPLATE NAMED 'AtmStrategyTemplate' CREATED IN NINJATRADER (SUPERDOM FOR EXAMPLE) FOR THIS TO WORK ****
if (orderIdS.Length == 0 && atmStrategyIdS.Length == 0 )

{
atmStrategyIdS = GetAtmStrategyUniqueId();
orderIdS = GetAtmStrategyUniqueId();
AtmStrategyCreate(Cbi.OrderAction.Sell, OrderType.Stop, Low[0] + 2 * TickSize, 0, TimeInForce.Day, orderIdS, "TF3", atmStrategyIdS);
}
if (orderIdB.Length == 0 && atmStrategyIdB.Length == 0 )

{
atmStrategyIdB = GetAtmStrategyUniqueId();
orderIdB = GetAtmStrategyUniqueId();
AtmStrategyCreate(Cbi.OrderAction.Buy, OrderType.Stop, High[0] + 2 * TickSize, 0, TimeInForce.Day, orderIdB, "TF3", atmStrategyIdB);
}

[NinjaTrader_RyanM1]

This seem to just trigger both immediatly at the current price

Using stop orders instead of limit orders solves the item you first posted here. If the signal is not triggering as you expect, I suggest simplifying to one direction at a time before adding the additional structure for both long and short.

[richbois]

thank you for your prompt responses but that was the way I started and was not getting results either.

using only the SampleAtmStrategy and only changing these few lines i dont get any trigger

if (orderId.Length == 0 && atmStrategyId.Length == 0 )
{
atmStrategyId = GetAtmStrategyUniqueId();
orderId = GetAtmStrategyUniqueId();
AtmStrategyCreate(Cbi.OrderAction.Buy, OrderType.Stop, High[0]+ 2 * TickSize, 0, TimeInForce.Day, orderId, "TF3", atmStrategyId);
}

[NinjaTrader_RyanM1]

Your stop price is currently 0. Try switching these two fields like example below:

AtmStrategyCreate(Cbi.OrderAction.Buy, OrderType.Stop, [COLOR="Blue"]0, High[0]+ 2 * TickSize[/COLOR], TimeInForce.Day, orderId, "TF3", atmStrategyId);

[richbois]

I knew it was simple but I needed a Genius to figure it out

Thank you very much and have a great weekend

[richbois]

one more question

this is the code i have and it works fine except for the order cancel section at the bottom

the strategy will not compile with that CancelOrder line

can you tell me what is wrong with it

Thank you in advance

[NinjaTrader_Brett]

Hello,

This CancelOrder is meant for unmanaged approach and takes in a parameter of iOrder. Here you are passing in a string.

You appear to be using ATMStrategies however so you need to actually use a whole different command that does take in your string ID.

http://www.ninjatrader.com/support/helpGuides/nt7/atmstrategycancelentryorder.htm

or

http://www.ninjatrader.com/support/helpGuides/nt7/atmstrategyclose.htm

To close out the entire trade.

-Brett