OnExecution and backtesting

[kjackson]

I'm trying to develop a strategy where I place a buy stop order (ie once a certain price is reached, I want to place a market buy order... not sure if my terminology is correct because I'm still a newbie), and once that executes, I want to set a stop loss and a target for that order.

From my readings, I believe OnExecution is the method that I want to override for my strategy.

My question is, will this work when backtesting? I see that my buy stop orders are being set while backtesting, but I don't see my stop loss orders or my sell limit orders being activated.

I know that some methods like OnMarketData don't work for backtesting, but in reading the docs for OnExecution, I didn't see anything that said it wouldn't work for backtesting but I may have missed it.

If they don't work for backtesting, what function is appropriate for backtesting purposes?

Thanks in advance,

Ken

[NinjaTrader_Bertrand]

Ken, while you could work into OnExecution() for maximum control, the SetStopLoss and SetProfitTarget would also do what you need, attach a stop and target order as OCO type to your entry.

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

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

Besides this OnExecution() would work for backtesting as well, if you want to give it a go, here's a sample with code on this topic -

http://www.ninjatrader-support2.com/vb/showthread.php?t=7499

[kjackson]

Thanks once again for your great help, Bertrand!