How to program different profit targets for contracts purchased at the same time?

[pandyav]

Hello,
I would like to submit an order for 2 ES contracts when something happens, e.g. price closes above 50 period SMA. I am fine programming it.

But once the order is submitted I want to have different profit targets for both the contracts. Eg. for the first contracts I want to place profit target of 10 ticks whereas for the remaining one I want to place profit target of 20.

Can someone please guide me how this can be done in NT?
Thanks

[NinjaTrader_PatrickH]

Hello pandyav,

Thank you for your post.

You will need to submit two separate orders with individual entrySignalNames that are then referenced in the SetProfitTarget() method.

For example:

EnterLong(1, "mylong1");
EnterLong(1, "mylong2");

SetProfitTarget("mylong1", CalculationMode.Ticks, 10);
SetProfitTarget("mylong2", CalculationMode.Ticks, 20);

For information on SetProfitTarget please visit the following link: http://www.ninjatrader.com/support/h...ofittarget.htm

[pandyav]

Thanks PatrickH,
This was very helpful.

[pandyav]

Hello There,
So I created a part of the strategy and it compiles without any error messages. The challenge is it goes on and takes a trade on every single bar, what could be wrong?
if (CurrentBar < 500)
return;
if ((CrossAbove(T3(14,1,0.7),VMA(high_vma_vol,high_vm a_period),1)))
EnterLong(1,"Long 1");
EnterLong(1,"Long 2");

if ((CrossBelow(T3(14,1,0.7),VMA(high_vma_vol,high_vm a_period),1)))
ExitLong(1,"Long 1 Exit","Long 1");
ExitLong(1,"Long 2 Exit", "Long 2");

[NinjaTrader_PatrickH]

Hello pandyav,

Thank you for your response.

Please try setting EntriesPerDirection to 2 and then test the strategy once more.

For information on EntriesPerDirection please visit the following link: http://www.ninjatrader.com/support/h...rdirection.htm

Please let me know if I may be of further assistance.