Trailing Entry Order

[jeddy0510]

Trailing Entry Order

Hi,
I would like to code an Entry limit order to trail the highest High of the last three bars by X number of ticks.

myEntryLongOrder = EnterLongLimit(0, true, DefaultQuantity, MAX(High,3)[0] - 4 * TickSize, "LongSignal");
barNumberofLongOrder = CurrentBar;

When the limit order is activated by the prescribed conditions it does not trail the high. It simply remains static.

Note two things: I set Live until cancel to true because I wanted the order to remain until it is filled sometime after the signal bar closed.

Second, the signal bar is unique and the bars after it do not meet the trigger conditions.

Any insight would be appreciated.

[NinjaTrader_PatrickH]

Hello jeddy0510,

Thank you for your post.

The order would need to be re-submitted on each OnBarUpdate() call as the MAX(High,3)[0] - 4 * TickSize value is only valid for the first submission. You will want to check this value on each OnBarUpdate() in the order submission method you are using in order to create a true trailing entry order.