resetting stop resulting in order errors

[therealoracle]

I'm using NT8 Ninjascript. When I reset my stop I receive order errors and I'm pretty sure I don't have a stop any more. (I'm verifying that.)

This is essentially what I'm doing.

When I decide to enter a market short order, I do:

int SStopLoss=10;
EnterShort(DefaultQuantity, "");
SetStopLoss("", CalculationMode.Ticks, SStopLoss, false);

Then on a bar update, I may reset the stop like this:

double newStop=40.00
SetStopLoss(CalculationMode.Price,newStop);

Also, on a bar update, I may decide to exit the order, like this:

ExitShort();
SetStopLoss("", CalculationMode.Ticks, SStopLoss, false);

I do the SetStopLoss because I read somewhere that I need to do that for the next order.

Any suggestions or pointers would be appreciated.

Craig.

[NinjaTrader_JessicaP]

Hello therealoracle,

Calling ExitShort without arguments renders your position flat. A stop loss order is automatically cancelled if the managing position is closed by another strategy generated exit order. This is exactly the situation you have created. Your reset of the stop loss that you are already performing at the beginning of OnBarUpdate is sufficient. Your final SetStopLoss is unnecessary.

I am providing Help Guide reference pages for SetStopLoss and ExitShort.

http://ninjatrader.com/support/helpGuides/nt8/en-us/setstoploss.htm

http://ninjatrader.com/support/helpGuides/nt8/en-us/exitshort.htm