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checking if other order is there

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    checking if other order is there

    Hi,

    Is there a way to have strategy wizard to program this:
    when there is a LONG order, and when the condition of a SHORT order met, the strategy will exit the LONG order and at the same time open a new SHORT order.
    If there is no LONG order, just open a new SHORT order.
    And vice versa for SHORT order, and new LONG order


    Another a littple more complicated situation when there is a LONG order already in trade, then when there is another different LONG conditions are met, the system do not open any new LONG order, rather the strategy change the TakeProfit to another number(ex, the original LONG order is 10 ticks, now change it to 20 ticks from where the point the new LONG conditions are met).
    Vice versa for SHORT order.

    #2
    1) Just simply adding an action "Enter short" when you short condition is met will close any existing long position and then enter a short position

    2) How are you taking your profit? From the Stops and Targets screen? If yes, then the answer is no, you can't change this.
    RayNinjaTrader Customer Service

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      #3
      1), Ok now I know the Enter Short will do 2 things at the same time.

      2), Yes normally I would submit a Sell Limit via the target/ Stop Screen.

      Is there other way to exit outside of that? via the condition set?
      How would I do it so I can submit a limit Sell Order at a fixed ticks, and change it when the other conditions are met?

      Thanks.

      Comment


        #4
        2) Yes, use "Exit long limit" for example on one condition, then have another condition that when true uses "Exit long limit" but send another price. Make sure that the 1st condition that exits is false when the 2nd condition is true.
        RayNinjaTrader Customer Service

        Comment

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