Placing an Order based on Last Order's close price

[roland5599]

Hi Everyone,

I am trying to figure out how to trigger an order (long or short) based on the price that the last order closed out at. For example, if I was long one unit and it was sold at 500, how do I set up the next order based on that sale price + 5 ticks? The issue I have is that the target price from the preceeding order is also based on tick variance so I need to somehow capture the last price or use a variable or method that I don't know about.

Thank You!

[NinjaTrader_Ben]

Hello,

Try using the Trades class to access it:

http://www.ninjatrader-support.com/HelpGuideV6/TradeClass.html

So: something.Entry

[roland5599]

Trade class

Thanks for the tip on where to start. I still am not sure exactly how to get the information I am looking for though.

Let's say I just want to print to the output window the price of the last order. To do this:
.
.
.
#region Variables
private Trade entry = null;
#endregion
.
.
.
protectedoverridevoid OnBarUpdate()
{
if (entryOrder == null && condition1 >= condition2)
{
entryOrder = EnterShort(1, "My Short Entry");
Print ("Enter Short");
Print ("Entry Price = " + entry.Entry);
}
else Print ("No EntryShort");
}

When I try this, the compilier works fine but nothing gets printed when I run it even though i know for sure that the entryOrder = EnterShort line does execute and the trade goes through. In fact, with this code in my strategy, the strategy actually quits when it hits this line.

[NinjaTrader_JoshP]

Your entry order may have triggered, but remember a Trade object is not generated until you go full circle. Enter and exit.