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Entry Stoplimit -> Exit sequence?

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    Entry Stoplimit -> Exit sequence?

    Hello,
    in reference sample "Strategy: Using OnOrderUpdate() and OnExecution() methods to submit protective orders":
    The OnOrderUpdate() and OnExecution() methods are reserved for experienced programmers. Instead of using Set() methods to submit stop-loss and profit target orders, you can submit and update them manually through the use of IOrder and IExecution objects in the OnOrderUpdate() and OnExecution() methods. The OnOrderUpdate()

    after market Entry order is filled Exit Stop and Limit orders are generated.

    Is it possible to use the same technique for the next sequence:
    Enter Entry StopLimit order;
    if it is filled, generate Exit order?

    thanks,
    Igor

    #2
    Igor,

    For sure. You can use any time of entry order and when it starts getting filled, generate the necessary exit orders you want.
    Josh P.NinjaTrader Customer Service

    Comment


      #3
      Originally posted by NinjaTrader_Josh View Post
      Igor,

      For sure. You can use any time of entry order and when it starts getting filled, generate the necessary exit orders you want.
      Thanks, Josh,
      I think I must generate separate entry stop and limit orders and when one of them will filled, generate exit order for filled order and cancel another for simplicity.

      Comment

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